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HYDRA
A Game Changing
Money marking & transaction tracking platform
Hydra AML Ltd., 2016.
Anti Money Laundering market
● Financial crime is global
Estimated to 1 trillion USD / year
Financing of Terrorism is a bi...
The current process
Hydra AML Ltd., 2016.
Risk Management
Compliance
Know your Customer
Monitoring
The current process
Hydra AML Ltd., 2016.
Reporting suspicious
cases
… reporting about
their clients
Hydra AML Ltd., 2016.
The current process
FIREWALL
The detection of a case takes long time
usually 18 months on average
fr...
Current issues
Hydra AML Ltd., 2016.
Process takes too much time
The whole process takes 18 months in average
Banks spend ...
Hydra – the concept
Hydra AML Ltd., 2016.
What if…
Money could talk?
Our concept is about:
● marking money digitally at th...
HYDRA AML process – Smart input
Money in the account can be broken into separate parts based on the desired usage (VAT,
so...
HYDRA AML process – marking money
● HYDRA Client marks the different parts of digital money.
Hydra AML Ltd., 2016.
Markers...
Hydra AML process overview
Hydra AML Ltd., 2016.
Why Hydra?
Hydra AML Ltd., 2016.
Reduces AML/CFT related costs of banks
Less human capacities required
Automatized process...
Our Vision
Hydra AML Ltd., 2016.
Industry standard – parallel system
● Law Enforcement Agencies
● AML software vendors
● B...
Early success
Hydra AML Ltd., 2016.
Horizon 2020 call
Proposal submitted in August 2016
Participant organisation
Research
...
Hydra AML Ltd., 2016.
Contact
László Kürti
business development manager
+36.70.946.4234
laszlo.kurti@hydraaml.com Péter Sz...
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Hydra AML - Game changing AML platform - Pitch - November 2016

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Pitch 2016
Web Summit, Lisbon

Published in: Economy & Finance
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Hydra AML - Game changing AML platform - Pitch - November 2016

  1. 1. HYDRA A Game Changing Money marking & transaction tracking platform Hydra AML Ltd., 2016.
  2. 2. Anti Money Laundering market ● Financial crime is global Estimated to 1 trillion USD / year Financing of Terrorism is a big issue ● AML and CFT are complex and expensive Special human competencies required Expensive tools High penalties Hydra AML Ltd., 2016.
  3. 3. The current process Hydra AML Ltd., 2016. Risk Management Compliance Know your Customer Monitoring
  4. 4. The current process Hydra AML Ltd., 2016. Reporting suspicious cases … reporting about their clients
  5. 5. Hydra AML Ltd., 2016. The current process FIREWALL The detection of a case takes long time usually 18 months on average from first notification to judgement. The detection of a case
  6. 6. Current issues Hydra AML Ltd., 2016. Process takes too much time The whole process takes 18 months in average Banks spend more and more resources to investigate Highly specialized human competencies Expensive tools Limited global AML activity Huge differences in banks AML spendings Legal problems (privacy, firewalls, borders) Data issues No instant access to all transactional data Low Quality Data Banks cannot deeply examine all potential cases Wasting money and time Too many false alerts LEAs only receives a slice of all criminal cases
  7. 7. Hydra – the concept Hydra AML Ltd., 2016. What if… Money could talk? Our concept is about: ● marking money digitally at the source ● compressing information in the marker on the money ● modifying the marker in the case of each transaction ● collecting markers without Personal Identification Data (PID) Hydra: The Pending Patent The methods behind HYDRA have been subject to a patent application by HAML (pp nr. W1500080) with the title: “A procedure for high-information qualitative marking and tracking of bulks consisting of mass units or their transactions”. Hydra AML Ltd. is the owner of the related commercial rights.
  8. 8. HYDRA AML process – Smart input Money in the account can be broken into separate parts based on the desired usage (VAT, social contributions, subcontractors’ fee, local fees etc.) Hydra AML Ltd., 2016. Traitional process Current quality of data, with limited visibility on details. Hydra process This methodology provides better quality, structured data
  9. 9. HYDRA AML process – marking money ● HYDRA Client marks the different parts of digital money. Hydra AML Ltd., 2016. Markers are attached directly to the digital money. The markers related to a sum are similar to the DNA, they show the origin and background of the money Markers are sent to Hydra Central Unit.
  10. 10. Hydra AML process overview Hydra AML Ltd., 2016.
  11. 11. Why Hydra? Hydra AML Ltd., 2016. Reduces AML/CFT related costs of banks Less human capacities required Automatized process with less false alarm Improved investigation capabilities Transactional data is instantly available / faster detection of crime Pattern recognition in global scale / algorithm scans the full database Firewall/privacy problems eliminated Prevention Allows to build more powerful AML applications Quality data New technologies based on AI, BI Other AML vendors: cooperation/licensing platform
  12. 12. Our Vision Hydra AML Ltd., 2016. Industry standard – parallel system ● Law Enforcement Agencies ● AML software vendors ● Banks Business model ● SaaS ● Licencing ● Data services
  13. 13. Early success Hydra AML Ltd., 2016. Horizon 2020 call Proposal submitted in August 2016 Participant organisation Research Sheffield Hallam University- United Kingdom Central European University- Hungary Università degli Studi di Palermo- Italy Corruption Research Center Budapest – Hungary Industry Hydra AML Ltd.- United Kingdom ApPello Banking Software SRL.- Romania Law Enforcement Agencies Guardia di Finanza GdF- Italy National Protective Service Financial Department- Hungary Prefecture de Police, Paris PPP- France General Directorate for Combating Organised Crime – Bulgaria Advisory Board Matthew Bradford, Detective Superintendent Director of NFIB City of London Police, National Fraud Intelligence Bureau-NFIB Dr Calogero Ferrara, Prosecutor of the Special Antimafia Directorate at Procura della Republica di Palermo Dr Csaba Toth, Director of the Republikon Institute, Budapest Zoltán Nagy, former president of the Hungarian Competition Authority, former compliance director of the railway company of the Hungarian state Jose L. Diego, Project Manager, Valencia Local Police
  14. 14. Hydra AML Ltd., 2016. Contact László Kürti business development manager +36.70.946.4234 laszlo.kurti@hydraaml.com Péter Szakál marketing manager +36.70.704.5669 peter.szakal@hydraaml.com Thank you!

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