Posted Oct 24, 2016

Is your organization ready for US President Donald J. Trump?

While many persons felt that once in office President Trump would pivot on some of his most controversial campaign rhetoric, he has started following through on a couple of his most controversial plans: to build a wall along the Mexican border and deport undocumented immigrants. On the 25th January 2017, he signed two executive orders at the United States Department of Homeland Security. The first was to start construction on the wall, with the other expanding the force responsible for tracking down undocumented immigrants across the US. He also reinstated a program facilitating closer collaboration between the United States Federal Government and Local and State law enforcement agencies seeking to arrest and expel immigrants:

• who are convicted criminals or charged with crimes,
• who are in the United States illegally and who have been charged with crimes not yet adjudicated,
• who have not been charged but are believed to have committed “acts that constitute a chargeable criminal offense”, and
• who receive(d) improper welfare benefits.

No doubt, the authorities responsible for enforcing this policy expect to get very busy over the next few months, as it is estimated that up to 6 million persons have entered the United States illegally. They will have to dedicate substantial time and resources to tracing millions of persons who do not want to be found.

Once those persons have been sent back to their home countries, their local authorities and financial institutions will face their own logistical challenges. Despite having a criminal record in the United States, some of the returning migrants will have a clean record at home. That means on returning home, convicted felons could engage in restricted and high-risk activities without any red flags being raised.

Is there a solution?

One way to tackle this problem is to use an enhanced due diligence cognitive search platform like SafetyNet. SafetyNet helps private companies comply with ‘Know Your Customer’ (KYC) and anti-money laundering (AML) regulations, and law enforcement organizations with investigating and solving crimes. By harnessing the power of billions of dollars of research and development in Artificial Intelligence and Machine learning from IBM Watson, Amazon, Google, and Microsoft, SafetyNet helps organizations manage their risk by allowing them to conduct enhanced due diligence checks on subjects-of-interests at a quality, depth, and speed that exceeds what human experts can achieve on their own. In minutes, SafetyNet can produce an in-depth risk profile of a subject that would normally require hours with other methods.

Here are some of the reasons why SafetyNet is being used by compliance professionals and investigators around the world.   

High-speed cognitive search

Thanks to its cognitive abilities, SafetyNet can scan through large structured and unstructured datasets, in multiple languages, at hundreds of millions of documents per second, and identify and highlight key insights about a subject-of-interest. The cognitive computing platforms that SafetyNet is built on involves machine learning systems that use data mining, pattern recognition, and natural language processing to emulate human thought processes, at blazingly fast speeds. According to Abundance Insider, Peter Diamandis’ Tech Blog, “Machine learning and AI will become the most important human collaboration tool ever created, amplifying our abilities and providing a simple user interface to all exponential technologies.” With this type of power, SafetyNet can help investigators perform enhanced due diligence checks on hundreds of subjects in a relatively short time period, and on its own, continuously monitor hundreds of thousands of data subjects in real-time, sending out alerts with key insights whenever relevant information is found.  

Reliable data set

The chance of a high-risk individual avoiding detection is greatly reduced when using SafetyNet. It searches in real-time millions of global data sources including sanctions lists, persons-in-public-life lists, criminal records, offender registries, news sites, social media sites, and many more.
SafetyNet is available in the following versions: SafetyNet Lite, SafetyNet EDD, SafetyNet EDD Enterprise, SafetyNet Safe City, and SafetyNet Developer.