Using cutting-edge AI to increase speed and accuracy, the Oracle Financial Services Crime and Compliance Management Investigation Hub Cloud Service is set to revolutionize the way banks look into and handle financial crime cases.

The new solution, Investigation Hub, was created in reaction to financial criminals' increasing skill in their use of conventional system weaknesses. This cutting-edge AI-powered case management system is intended to break down data silos, drastically cut down on manual labor, and improve the insights that investigators can access.

Oracle Financial Services is an expert in providing all-inclusive solutions that address the complex requirements of the financial industry. Due to its extensive knowledge of finance, risk management, and compliance, the organization is regarded by international banks and financial institutions as a reliable source.

By combining integrated AI and graph analytics, Investigation Hub completely reimagines the investigator experience. Tasks are automated, procedures are streamlined, and investigators are given access to data-driven insights thanks to this interface. As a result, investigations may go more quickly and with greater quality as investigators can concentrate more on analysis than on tedious data collection.

The product has a number of important advantages. Through the automation of manual activities like data collection and SAR filing, it may minimize the touch time for investigations by up to 70%. This frees up investigators to focus on more important analysis and decision-making procedures. Additionally, the system has a highly adjustable interface that can be adjusted to fit the demands of different types of investigators and meets a wide range of institutional needs.

Investigation Hub also offers improved performance, comprehensive reporting, and flexibility. Built on the reliable and secure Oracle Cloud Infrastructure (OCI), it readily connects with third-party data providers and other Oracle financial crime and compliance management products.

The Financial Crime and Compliance Management (FCCM) portfolio from Oracle includes Investigation Hub. Over the course of 25 years, the portfolio's anti-money laundering (AML) and FCCM SaaS applications have been precisely designed to satisfy the demanding needs of international financial institutions.

"Male actors are growing more cunning, utilizing cutting-edge technologies, and taking advantage of weaknesses in conventional systems," stated Jason Wynne, senior vice president of product development for finance, risk, and compliance at Oracle Financial Services. Financial institutions require adaptable solutions that can improve their ability to identify, look into, and prevent financial crime if they are to remain ahead of these dangers. By adding meaning to the data, Investigation Hub is a major advancement in case management that will help smaller banks and tier-one institutions alike do investigations more quickly, accurately, and affordably. Data is turned into a story that may be taken actioned with Investigation Hub.