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6/14/17 - Gene Ludwig and Alistair Rennie on New Watson Solutions for Regulatory Compliance

Gene Ludwig, Promontory’s chief executive officer, and Alistair Rennie, general manager for Watson Financial Services, talked with American Banker about new cognitive solutions designed to help financial professionals in three areas: understanding regulatory requirements, delivering increased insight into potential financial crimes, and managing financial risk with a new architectural approach for data.

“We're announcing … the first wave of cognitive tools to assist in regulatory compliance,” Ludwig said. "These tools have been and will constantly be carefully calibrated so that they will meet regulatory expectations.” 

Cognitive technology isn’t static; it improves as it learns.

“As experts in the bank make this final decision, the model gets better over time," Rennie said.

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