Cambridge, Atlanta, Singapore, Nov. 9, 2021 – Featurespace™, the leading provider of Enterprise Financial Crime prevention software, has added Sasha Slevec as its Financial Crime Lead in Australia to support the increased demand from financial institutions in the region for its leading technology. In his role, Slevec will serve as a financial crime expert and develop Featurespace’s business in the market.
On October 15th, in a joint agency investigation with the Criminal Proceeds Squad, the Australian Criminal Intelligence Commission, announced it had uncovered a syndicate that has controlled more than 250 bank accounts used to transfer more than $62 million over the past 12 months. The commission said that “this is one of the largest ever money laundering operations in Australia.”
“Sasha is an incredible addition to our team because Australia’s financial services landscape is distinctive, and its intricacies need to be understood to protect it against financial crime,” said Dave Excell, founder and president of Featurespace. “Having him on the team will amplify how much our machine learning models enable safe and trusted digital adoption, support business growth, and help protect society from real world criminal threats.”
Slevec brings an understanding of the existing and emerging threats in the region that covers more than two decades of financial crime management, prevention and monitoring experience to Featurespace. He has developed and delivered control strategies and roadmaps in an array of roles across a broad range of financial institutions, payment networks and industry groups.
As the world leader in Enterprise Financial Crime prevention for fraud and money laundering, Featurespace has joined forces with the ACFE and organizations around the world in support of International Fraud Awareness Week (Nov. 14-20). To speak with a fraud technology expert, contact us.
About Featurespace – www.featurespace.com
Featurespace™ is the world leader in Enterprise Financial Crime prevention for fraud and money laundering. Featurespace invented Adaptive Behavioral Analytics and Automated Deep Behavioral Networks, both of which are available through the ARIC™ Risk Hub, a real-time machine learning platform that risk scores events to prevent fraud and financial crime.
ARIC™ Risk Hub is relied on to catch new fraud attacks and identify suspicious activity in real-time by more than 70 major global financial institutions. Publicly announced customers include HSBC, TSYS, Worldpay, NatWest Group, Contis, Danske Bank, ClearBank, Akbank and Permanent TSB.