Financial Crime World

Financial Crime Data Visualization Tools Secure Major Italian Banking Deal

The Bank of Italy, also known as Banca d’Italia, has selected a cutting-edge data visualization technology to enhance its anti-money laundering and financial crime prevention efforts. The Bank will utilize advanced link analysis capability powered by KeyLines, a graph visualization technology provided by Cambridge Intelligence.

Partnership with Sistemi & Automazione

As part of this partnership with Sistemi & Automazione, a leading provider of visual link analysis software in the Italian public sector, the KeyLines platform will enable analysts at Banca d’Italia to:

  • Visualize, analyze and investigate financial activity reported by various industries, including:
    • Financial services
    • Payment
    • FinTech
    • Gaming
  • Gain clear insight into relationships, patterns and trends, as well as spot hidden connections
  • Utilize an interactive link analysis tool with a user-friendly interface

Information Sharing and Collaboration

The technology can also facilitate information sharing with other financial institutions and law enforcement agencies, a crucial step in combating financial crime. Mariano Satriano, CEO of Sistemi & Automazione, hailed the partnership, stating that it reinforces the established path of expansion and collaboration between their teams.

KeyLines Technology

Sistemi & Automazione has already worked with several government and financial institutions in Italy, incorporating KeyLines graph visualization technology into its products, including:

  • Polaris: a platform for KYC (Know Your Customer) and compliance activities
  • TETRAS: a platform for COMINT analysis

Cambridge Intelligence’s Chief Revenue Officer, Kaush Kotak, emphasized the importance of information sharing in the fight against financial crime, citing several national financial crime prevention authorities in Europe, Asia and the US that have successfully employed KeyLines technology.

Banca d’Italia Joins International Organizations Utilizing KeyLines

With this partnership, Banca d’Italia will join a growing list of international organizations utilizing KeyLines’ data visualization capabilities to combat financial crime. The Bank’s decision underscores the critical role played by advanced link analysis in enhancing information sharing and intelligence gathering efforts.