http://www.techsylvania.co/

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Luke Mawbey, VP of Engineering, ComplyAdvantage
Fighting Corruption with Technology

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3. FIGHTING CORRUPTION
WITH TECHNOLOGY
Corruption is an insidious plague that … undermines
democracy and the rule of law, leads to violations of
human rights, distorts markets, erodes the quality of life
and allows organized crime, terrorism and other threats
to human security to flourish.
– United Nations Convention Against Corruption
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4. FIGHTING CORRUPTION
WITH TECHNOLOGY
Corruption impacts societies in a
multitude of ways. In the worst cases,
it costs lives. Short of this, it costs
people their freedom, health or money.
– Transparency International
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5. How big is the problem?
• $US1.5 Trillion paid in bribes each year
• $US3 Trillion laundered each year
• (GDP Romania: $US205 Billion)
• Estimated: 1-3% identified and possibly stopped

6. 6FEBRUARY, 2018
DATA AND FINANCE IS GROWING
DRAMATICALLY

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WHAT DOES THIS LOOK LIKE IN PRACTICE?
“Former Tourism minister Elena Udrea, currently prosecuted in
several corruption cases, has missed the hearing on Thursday in
the case where she is charged with illegally financing the 2009
electoral campaign.”
Romania Journal, 2018
“The most important roads, Calea Grivitei, Lascar Catargiu
Boulevards, Nicolae Balcescu, Bratianu and University Square,
will be maintained by the company of Dan Besciu and Sorin
Vulpescu, former business partners of Dorin Cocos, husband of
the presidential adviser Elena Udrea.”
HotNews.ro, 2005

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HOW MANYARTICLES CAN YOUR SCREENING
PROVIDER CHECK PER DAY?
1analyst 200analysts
(traditional
solution
provider)
120articles
24thousand
articles

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… Webpages
Unstructured
freetext
Structured
financial
crime data
Internet
ComplyDetectPolitician
detection
Relation
detection
Crimeimplication
detection
Named
Entity
Recognition
Collecting and Organising Publicly Accessible Data

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ComplyDetect & Active Learning

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HOW MANYARTICLES CAN YOUR SCREENING
PROVIDER CHECK PER DAY?
1analyst 200analysts
(traditional
solution
provider)
120articles
24thousand
articles
ComplyDetect
20million
articles

12. FIGHTING CORRUPTION
WITH TECHNOLOGY
Corruption is a cancer, a cancer that
eats away at a citizen’s faith in
democracy, diminishes the instinct for
innovation and creativity.
– Joe Bidden, Former Vice President of the United States,
Bucharest, 2014
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