VisualMine

in anti-money laundering

VisualMine has been designed and developed in conjunction with the Ufficio Italiano dei Cambi (UIC), a branch of the Italian central bank. UIC is responsible for the analysis of the national Financial Flows Archive which is a large central repository recording all the Italian financial transactions. The analysis target is the identification of anomalies which can be related with money laundering activities.

This large amount of data is today mined by the UIC Anti-money laundering department which uses VisualMine powerful visualization capabilities. The distribution of enormous amounts of data is quickly understood and anomalous situations are easily detected.

For example, UIC analysts decide to display the banks as colored objects on the computer screen in a three-dimensional space. The bank will end up at a given point in that space depending on the financial variables tied to the x, y and z coordinates. These variables might be the value of transfers, investment in bonds and cash on hand. After these parameters are set, an isolated red cube floating away from a cloud of blue spheres marks a bank as suspicious, warranting further review.

Financial Flows in Southern Italy: yellow to red
lines are high value flows

Five variables are visualized for hundreds of banks:
anomalies are emphasized by colour and position

Orthogonal planes enable detailed data scans
with the visualization of additional variables

For further information please e-mail to webmaster@ais.it

Copyright © 1996 Artificial Intelligence Software SpA
Last modified: dicembre 06, 1996