Past sibos: Toronto 2017

Automated Trade Finance Compliance screening using artificial intelligence – a live example

17 October 2017
10:30 to 11:00
Main conference session FinTech Theatre
Head of Trade Finance Services Product Management

Digitisation and process automation of paper based Trade Finance transaction processing within ING. Focus will be on the compliance use case and cover the following:
• INGs view and strategy on the digitalisation of Trade Finance
• The journey from Proof of concept to Production with new technology including the approach to collaboration taken by ING and Conpend which has led to rapid success
• Benefits that ING have experienced from introducing OCR and user supervised machine learning to digitise their trade documents for sanction screening and compliance controls
• Live demonstration of the technology which will include:
1. upload of documents
2. automatic data extraction including machine training if required
3. automatic sanction screening
4. automatic document checking against Compliance Policies
5. automatic document matching
6. automatic export of data in SWIFT MT 799 format

Main conference session
19 October 2017
11:00 to 11:30
Main conference session SWIFTLab
17 October 2017
10:15 to 10:45
Main conference session SWIFTLab
18 October 2017
10:15 to 10:45
Main conference session SWIFTLab
Open theatre session
17 October 2017
10:45 to 11:15
Open theatre session Open Theatre 1