Soko helps clients stay ahead of financial crimes with their participation reporting service. Their expert team focuses on reducing fraud, criminal activity, and money laundering. With this service, clients can quickly access a person’s involvement in other companies, gaining an advantage in preventing financial crimes.
SURA was operating on local servers (on-premise), which limited its scalability and availability. The company decided to migrate to the native cloud as part of a corporate decision, with the aim of improving efficiency, reducing opera- tional costs and ensuring the adaptability of its services. In addition, they sought to eliminate dependency on WSO2's costly and highly specialized platform.
Soko helps clients stay ahead of financial crimes with their participation reporting service. Their expert team focuses on reducing fraud, criminal activity, and money laundering. With this service, clients can quickly access a person’s involvement in other companies, gaining an advantage in preventing financial crimes.
The Financial Market Commission created an automated system using machine learning to classify claims and inquiries, resulting in significant improvements in response times and efficiency. The system achieved high accuracy levels in classifying claims, reducing processing time from a week to less than 5 seconds.
