Hawk, a leading developer of artificial intelligence-powered solutions for anti-money laundering (AML) screening and fraud prevention, has launched Analytics Studio, an artificial intelligence lifecycle management platform specifically for banks, payment services, and other financial organizations. The new solution allows organizations to exercise greater control over the development, management, and maintenance of artificial intelligence models based on financial crime threats and regulatory changes.
As the financial institutions become more reliant on AI for risk analysis and compliance, the need for transparent, auditable, and efficient model management has gone up significantly. A study showed that the need for AI has gone up so much that 91% of the banking institutions encourage the use of AI models now, and effective solutions are required that help ensure the models, once activated, are maintained and compliant with the regulations regarding new fraud and AML models that emerge over time. All these issues are resolved by Analytics Studio.
New Capabilities for Financial Crime Teams
Analytics Studio equips compliance and financial crime units with a suite of tools that reinforce speed, usability, and regulatory preparedness:
- Accelerated Model Development: Build and update regulator-ready expert models with reduced reliance on internal or external data science and IT resources, helping to lower costs and improve delivery timelines.
- Embedded Domain Intelligence: Models can incorporate financial crime expertise directly into their architecture, strengthening risk coverage and detection accuracy.
- Built-In Governance Features: The platform supports explainability, version control, documentation, and governance to create models that are easier to defend, audit, and approve under regulatory scrutiny.
Organizations also have the option to augment their internal capabilities with Hawk’s data science services for initial model creation, ongoing retraining, and lifecycle maintenance.
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Executive Perspective
Wolfgang Berner, Chief Product Officer at Hawk, emphasized the enhanced autonomy Analytics Studio provides to financial institutions. “Hawk customers already benefit from AI models that have been outperforming the market for years, finding double the crime with half the investigative effort. With Analytics Studio, we are now giving financial institutions the flexibility to manage the entire model lifecycle themselves from development and validation to ongoing optimization so they can take their AI capabilities to the next level with speed and regulatory confidence.”
Strengthening Hawk’s AI-Native Platform
Analytics Studio builds on Hawk’s existing anti-financial crime platform, which already supports a global customer base in enhancing AML, screening, and fraud detection operations. By adding lifecycle management to its suite of AI modules, Hawk is positioning its solutions to meet the complex demands of modern financial crime compliance programs.