Wei Ouyang Email

Managing Director, FX, AML and Valuations . FatBrain

New York, NY

Location

LinkedIn

Current Roles

Employees:
8
Revenue:
$580k
About
FatBrain’s AI software automates banks to fight global financial crime, making banks’ forensic ops 90% more efficient and effective, e.g., yielding nine-figure ROI to minimize anti- money laundering (AML) risks. “Managing AML risk dynamically based on emerging risk appetite automatically compatible with known scenarios always felt out of reach. Not anymore. FatBrain’s AI-boosted solution expanded our automated detection capabilities, subsuming expensive manual processes entirely. And its auditable, explainable framework satisfied all AML stakeholders. Engaging at the outset with our internal Model Risk Management team as well as the external regulators was critical and went a long way to the acceptance of the unified framework and improved effectiveness.” Global Head of Financial Crimes Compliance, Top 10 Global Bank FatBrain consolidates hundreds of hardcoded rules into a unified AI- AML framework continuously learning from millions of party relations, billions of transactions, thousands of thresholds and tens of thousands of investigative decisions/outcomes.
FatBrain Address
54 W 40th St
New York, NY
FatBrain Email

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