This is a past event. Registration is closed. View other British Chamber of Commerce Singapore events.



This breakfast & learn is for compliance, internal investigations, and AML/KYC professionals who want to learn how to use AI and NLP to fight financial crime.


During this event, you will learn how AI and NLP: 


  1. Reduced false positives 100 fold in a tier-one financial institution's internal monitoring system and caught hidden insider threats
  2. Improves AML/KYC processes, including watchlist, sanctions, and PEP screening—as well as identity resolution and alert investigation
  3. Can help financial institutions improve efficiency, mitigate risk, and cut costs


You will also have the opportunity to discuss directly with the speakers and peers about AI's implementation in the banking and financial sector. 


Come with your questions!

This Breakfast Seminar is presented by Basis Technology.


  • Know Your Employee - How Société Générale tackled the unspoken Employee Misconduct issue

Cédric Rouvrais - head of the IT Department of The Audit and General Inspection division - Société Générale

From reputational damage to regulatory fines, employee misconduct is an existential threat to financial institutions. 


Bloomberg reported* that banks have paid well over 300 billion dollars in fines for these kinds of failures since 2008, and the New York Federal Reserve recently stated** that employee misconduct is a "specific risk that is gaining prominence" in a 16-page report on the topic.

To address this, banks have started experimenting with new technologies. At the head of this trend, Société Générale created their own AI-driven internal affairs platform to mitigate employee misconduct risks. This presentation explores the bank's journey and how cutting-edge natural language processing technology will power the next generation of internal affairs applications.  

  • Devil's in the Details: AI, Financial Crime, & Messy Data

(Steve Cohen, co-founder and COO - Basis Technology)

All the information that is needed to find and stop bad actors from entering our financial system already exists and is available to you today; it's just buried in terabits of messy, unstructured data all over the internet. 


For those performing investigations and evaluating risk, this needle in a stack of needles problem is huge and growing: Unstructured data already dominates the web (growing exponentially year over year), and the traditional technology these departments use cannot keep up. Recent developments in natural language processing technology (NLP), the field of AI that focuses on human language, have, for the first time, made it possible for automated systems to find and deliver identity-relevant intelligence hidden in unstructured textual data. 


These innovations unlock a new world of actionable insight, providing much-needed ammunition in the fight against fraud, money-laundering, financial crime and terrorism.


  • Cédric Rouvrais, Head, IT Department of The Audit and General Inspection Division - Société Générale

Cedric has been with Société Générale since 2004, working in several IT departments both in France and New York City. For the past 3 years, Cédric has been the head of The Audit and General Inspection division (IGAD). His main responsibility is to provide an objective, thorough and impartial evaluation of transaction compliance, risk assessment, procedural compliance, as well as the effectiveness and relevance of the permanent control in place. 

  • Steve Cohen, Co-Founder, & COO - Basis Technology

Steve co-founded Basis Technology in 1995 and oversees the firm's business operations. With his engineering background, Steve seeks to move the dial on real-world problems by finding achievable waypoints between academic thinking and production-grade technology. In the mid-90s, Steve recognized a common need among major search engines—Infoseek, Lycos, Google, Yahoo!—and led the company to develop its first text analytics products. With the success of these products, the company started building AI applications for mission-critical operations for national security. Steve is now working to bring the technology developed for the US Intelligence community back to the commercial sector for risk management and opportunity building applications. Prior to Basis Technology, Steve was an engineering manager for Cognex Corporation in Tokyo and development manager for SMT device inspection. He also consulted on software internationalization engineering and developed software for embedded systems and electronic test equipment. Steve has a bachelor's degree in electrical engineering from MIT and studied at Waseda University in Tokyo. He actively mentors startup companies at Mass Challenge and other incubators.



British Chamber of Commerce
137 Telok Ayer Street


See route

Contact us

For additional event or venue information, please email can also reach us at +65 67180534