Modular Customization: More from Your Adverse Media Screening Tool
by Kristina Drye, on Sep 21, 2022 9:55:18 AM
Depending on your goals and needs, screening for risk can take on many different attributes. For example, a bank needs to screen for general illicit activity, but it might also need the specific ability to look for money laundering, human trafficking, corruption, or sanctions evasion. A government might need to screen for terrorism, but it might also need to screen for something completely different- drug trafficking, for example, or human rights abuses.
GOST (Giant Oak Search Technology) has always used its artificial intelligence and machine learning capabilities to optimize for different derogatory behaviors. Built on the basis of behavioral science, previous versions of GOST identified negative news and derogatory information through models that relied on associations with crime and derogatory concepts. The GOST Fall 2022 Release takes the next innovative step and makes GOST modular, meaning that you and your team can do what you need to do: plug in custom models created by GOST for different use cases. Going beyond binary calculations of risk associated with derogatory terms, the new GOST offers the ability to plug in custom data sources and create sentiment models that go beyond general adverse media and negative publicly available information.
The richer feature space of GOST allows users to specifically investigate finer, more precise behaviors like confidence, sentiment, movement, and new information. This state-of-the-art approach is less black-and-white, allowing the user to target more behaviors for definition and training. With the ability to customize models, you and your team get to define what derogatory means to you, and the model will reflect your specific action criteria – using a wider range of data to draw features from and train against. This increase in model control means that you can be as responsive as needed to meet your risk challenges.
To learn more about GOST, schedule a demo today.