Filip Pronin: We plan to use artificial intelligence in our work

The SFMS’ experts process large amounts of information every day, analyse cash flows and suspicious transactions in order to timely identify threats to the economic security. To increase its efficiency, the SFMS works with various modern technologies, and later plans to use artificial intelligence in its work. Currently, we search for donors to finance new tools.

“We discussed with our Polish partners the possibility to involve the platform they developed in the work of the SFMS. Artificial intelligence tools will allow us to analyse data, use their functionality in conducting money laundering investigations, and investigate suspicious transactions and relationships. Due to work with such platforms, we will be able to improve the efficiency of analytical work and strengthen the process of automating the receipt and transmission of data,” Filip Pronin said.

Counteraction to money laundering and terrorist financing ensures the integrity of the country’s financial system. The SFMS is working hard on this.