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Nasdaq enhances conduct surveillance to ensure compliance and transparency to achieve 250% increase in detection acuity using natural language processing and machine learning
March 18, 2019
Summary:
Nasdaq uses Digital Reasoning's AI platform to analyse different forms of communication and structured data to determine risk of potentially illegal behavior. The platform analyses behaviors, intentions, and emotions using NLP and machine learning and has helped Nasdaq achieve a 250% increase in detection acuity and 50% reduction in false positives.
Problem:
Serving 40 marketplaces, 11 regulators and 100 market participants in 65 countries, the company is aware of the awesome responsibility it holds for protecting the operations and reputation of its customers and the stability of a system that affects millions of people.