Consilient is the first company to deploy Federated Machine Learning (FML) in the financial crimes and compliance (FCC) space, successfully proving ML works better than incumbent rules-based tools at anti-money laundering and countering the financing of terrorism, and FML enables ML models which exceed the performance of models built at one bank. The company was founded in 2020 and is headquartered in Washington, DC.
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Consilient is the first company to deploy Federated Machine Learning (FML) in the financial crimes and compliance (FCC) space, successfully proving ML works better than incumbent rules-based tools at anti-money laundering and countering the financing of terrorism, and FML enables ML models which exceed the performance of models built at one bank. The company was founded in 2020 and is headquartered in Washington, DC.
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