AI-Powered Financial Crime Solution Empowers Analysts

Crowe uses AI to solve real-world problems for our clients and for our firm through both our external and internal AI teams. In this video, we feature a new AI solution developed by our internal AI team, Crowe Studio.AI, that helps activate AI use at Crowe by adding AI to existing Crowe technologies. This solution can create AI agents to automate three key financial crime analyst tasks – extracting data from transaction systems, conducting third-party research, and generating narratives – to enable analysts to focus on higher-level analysis and solve more complex problems.

This solution eliminates mundane tasks without removing the human-in-the-loop, and it’s designed to grow with the organization’s appetite for AI. It doesn’t just save time; it raises the bar on the level of details given to the analysts. Ultimately, our solution can help financial services organizations enhance their financial crime programs.

Problems to be solved

• High-volume manual review of financial alerts and transactions, consuming tens of millions of hours annually
• Difficulty detecting subtle, nonobvious patterns in transactional data that might indicate criminal activity
• Lack of scalable solutions that adapt to varying levels of AI readiness among financial services organizations
• Time-intensive narrative and reporting processes for analysts

Solution snapshot

• Applies AI to automate repetitive tasks, allowing analysts to focus on high-value, intelligence-driven work
• Enables advanced pattern recognition across disparate data points
• Uses a modular, scalable system that grows with each client’s AI maturity and comfort level
• Integrates AI agents for transaction ingestion, third-party research, data analysis, and narrative generation
• Improves both efficiency and output quality and delivers deeper insights while reducing the burden on analysts

By meeting organizations where they are instead of forcing them into a cookie-cutter version of AI, we’re able to help them use AI in the ways that increase effectiveness and efficiency.