Systems and methods for investigating and evaluating financial crime and sanctions-related risks

• US 10,373,091 B2
• Filed: 08/17/2018
• Issued: 08/06/2019
• Est. Priority Date: 09/22/2017
• Status: Active Grant

• Current Assignee: 1nteger, LLC
• Original Assignee: 1nteger, LLC
• Inventors: Epstein, Matthew, Schmidt, Benjamin
• Primary Examiner(s): Gart, Matthew S
• Assistant Examiner(s): Swartz, Stephen S
• Application Number:
  US16/104,706
• Publication Number:
  US 20190095830A1
• Time in Patent Office: 354 Days
• CPC Class Codes: G06F 16/24578 using ranking
• CPC Class Codes: G06F 16/28 Databases characterised by their database models, e.g. relational or object models
• CPC Class Codes: G06F 16/3331 Query processing
• CPC Class Codes: G06F 16/9024 Graphs; Linked lists G06F16/9027 takes precedence
• CPC Class Codes: G06Q 10/0635 Risk analysis of enterprise or organisation activities
• CPC Class Codes: G06Q 30/018 Certifying business or products
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 40/08 Insurance
• CPC Class Codes: G06Q 50/265 Personal security, identity or safety

Abstract

A research, analysis, regulatory compliance and media platform that connects customers to finished research and analysis produced by subject matter experts is described. The platform facilitates research, investigations, and analysis by creating a single environment in which a group of distributed analysts conduct research and investigations, store and retrieve documents and other sources, collaborate, and publish findings. Consumers are able to query a published knowledge graph, surface high value relationships, and access insights captured by analyst through a customer web portal or external production environment. The platform allows analysts and customers to research and map the commercial, financial, and facilitation networks of sanctioned or other actors that may be associated with illicit activity. Customers can access visual graphs depicting relationships between sanctioned and non-sanctioned actors in order to evaluate their possible exposure to financial crime or sanctions-related risks.

Claims

1. A computer implemented system for providing a visual interactive software tool that permits users to investigate and evaluate financial crime and sanctions-related risks, comprising:

a database configured to store graph data structures including edges, nodes, and properties in nonvolatile memory;

a style guide comprising a plurality of data models that model different categories of situations and contains requirements for a structure and format of data used to enter nodes, edges, and properties for a particular data model;

a system configured to receive data input and use the inputted data to enter nodes, edges, and properties pursuant to the style guide into the database;

a software engine that finds corridors, the software engine is configured to automatically traverse pathways which are available starting from a node through connected edges and nodes, to identify any new pathways and traverses the pathways until it reaches a corridor endpoint node, to identify and eliminate pathways by analyzing edges connecting two nodes, properties of the edges connecting two nodes, and the number of edges a node has and determining whether a threshold value has been met between two nodes based on the style guide, and to identify the remaining pathways to be the corridors for the starting node; and

an electronic online customer platform that includes a visual interactive interface having a visual workspace and interactive tools, the tools include a search engine that provides keyword searching capability that surfaces possible matching nodes in the database, wherein the visual interactive interface provides the user with the ability to add an identified node to the visual workspace, automatically generates a unique and interactive visual graphic as a representation of the identified node in the visual workspace, communicates that the identified node has a certain number of connections that include a number of corridors, displays the corridors in order of priority based on a cumulative value of weights on edges in each resulting corridor, and permits the user to select one of the connections or corridors to add to the visual workspace and in response displays additional nodes and edges that are part of the connection or corridor using separate visual graphical elements for nodes and edges that visually illustrate the connection or corridor and automatically displays a graphic representation of a corresponding connection between nodes, if a relationship between two nodes exists.

2. The computer implemented system of claim 1, wherein the received data input includes information regarding entities and individuals on a sanctions list and related entities and individuals.

3. The computer implemented system of claim 1, wherein the pathways identified and eliminated by the software engine are pathways that include nodes or edges that have no risk relevance or low risk relevance for the purpose of corridor generation or pathways that include a total number of nodes at or above the maximum number degrees of node-traversal.

4. The computer implemented system of claim 1, wherein the software engine is further configured to store a set of weights in correspondence with the different types of edges and assign weights based on a type of edge to the edges in each pathway.

5. The computer implemented system of claim 4, wherein the software engine is further configured to determine whether a threshold value has been met between two nodes using the assigned weight.

6. The computer implemented system of claim 4, wherein the software engine is further configured to determine a cumulative value of weights on edges in each corridor using the assigned weights and rank the corridors in order of priority based on the determined cumulative values.

7. The computer implemented system of claim 1, further comprising a subsystem configured to perform a publication process, wherein the publication process transmits the identified corridors to a production environment that is accessible by the electronic online customer platform.

8. The computer implemented system of claim 1, wherein the system is configured to receive data that is inputted by analysts.

9. A computer implemented method for investigating and evaluating financial crime and sanctions-related risks, comprising:

storing graph data structures including edges, nodes, and properties in a database in nonvolatile memory;

storing a style guide that comprises a plurality of data models that model different categories of situations and contains requirements for a structure and format of data used to enter nodes, edges, and properties for a particular data model;

receiving data input via a system and using the inputted data by the system to enter nodes, edges, and properties pursuant to the style guide into the database;

implementing a software engine that finds corridors, the software engine is configured to automatically traverse pathways which are available starting from a node through connected edges and nodes, to identify any new pathways and traverses the pathways until it reaches a corridor endpoint node, to identify and eliminate pathways by analyzing edges connecting two nodes, properties of the edges connecting two nodes, and the number of edges a node has and determining whether a threshold value has been met between two nodes based on the style guide, and to identify the remaining pathways to be the corridors for the starting node; and

implementing an electronic online customer platform that includes a visual interactive interface having a visual workspace and interactive tools, the tools include a search engine that provides keyword searching capability that surfaces possible matching nodes in the database, wherein the visual interactive interface provides the user with the ability to add an identified node to the visual workspace, automatically generates a unique and interactive visual graphic as a representation of the identified node in the visual workspace, communicates that the identified node has a certain number of connections that include a number of corridors, displays the corridors in order of priority based on a cumulative value of weights on edges in each resulting corridor, and permits the user to select one of the connections or corridors to add to the visual workspace and in response displays additional nodes and edges that are part of the connection or corridor using separate visual graphical elements for nodes and edges that visually illustrate the connection or corridor and automatically displays a graphic representation of a corresponding connection between nodes, if a relationship between two nodes exists.

10. The computer implemented method of claim 9, wherein the step of receiving data input by the system includes receiving information regarding entities and individuals on a sanctions list and related entities and individuals.

11. The computer implemented method of claim 9, wherein the identification and elimination of pathways by the software engine includes identifying and eliminating pathways that include nodes or edges that have no risk relevance or low risk relevance for the purpose of corridor generation or pathways that include a total number of nodes at or above the maximum number degrees of node-traversal.

12. The computer implemented method of claim 9, further comprising storing, by the software engine, a set of weights in correspondence with the different types of edges and assigning, by the software engine, weights based on a type of edge to the edges in each pathway.

13. The computer implemented method of claim 12, further comprising determining, by the software engine, whether a threshold value has been met between two nodes using the assigned weight.

14. The computer implemented system of claim 12, further comprising determining, by the software engine, a cumulative value of weights on edges in each corridor using the assigned weights and ranking, by the software engine, the corridors in order of priority based on the determined cumulative values.

15. The computer implemented method of claim 9, further comprising performing, by a subsystem, a publication process, wherein the publication process includes transmitting the identified corridors to a production environment that is accessible by the electronic online customer platform.

16. The computer implemented method of claim 9, wherein the step of receiving data via the system includes receiving data that is inputted by analysts.

17. A computer readable data medium storing computer-executable instructions that, when executed by a processor, cause the processor to:

establish a database storing graph data structures including edges, nodes, and properties in nonvolatile memory;

communicate with a computer configured with volatile and non-volatile memory that stores a style guide, the style guide comprises a plurality of data models that model different categories of situations and contains requirements for a structure and format of data used to enter nodes, edges, and properties for a particular data model;

implement a system that is configured to receive data input and use the inputted data to enter nodes, edges, and properties pursuant to the style guide into the database;

implement a software engine that finds corridors, the software engine is configured to automatically traverse pathways which are available starting from a node through connected edges and nodes, to identify any new pathways and traverses the pathways until it reaches a corridor endpoint node, to identify and eliminate pathways by analyzing edges connecting two nodes, properties of the edges connecting two nodes, and the number of edges a node has and determining whether a threshold value has been met between two nodes based on the style guide, and to identify the remaining pathways to be the corridors for the starting node; and

implement an electronic online customer platform that includes a visual interactive interface having a visual workspace and interactive tools, the tools include a search engine that provides keyword searching capability that surfaces possible matching nodes in the database, wherein the visual interactive interface provides the user with the ability to add an identified node to the visual workspace, automatically generates a unique and interactive a visual graphic as a representation of the identified node in the visual workspace, communicates that the identified node has a certain number of connections that include a number of corridors, displays the corridors in order of priority based on a cumulative value of weights on edges in each resulting corridor, and permits the user to select one of the connections or corridors to add to the visual workspace and in response displays additional nodes and edges that are part of the connection or corridor using separate visual graphical elements for nodes and edges that visually illustrate the connection or corridor and automatically displays a graphic representation of a corresponding connection between nodes, if a relationship between two nodes exists.

18. The computer readable data medium of claim 17, wherein the received data input by the system includes receiving information regarding entities and individuals on a sanctions list and related entities and individuals.

19. The computer readable data medium of claim 17, wherein identifying and eliminating pathways by the software engine includes identifying and eliminating pathways that include nodes or edges that have no risk relevance or low risk relevance for the purpose of corridor generation or pathways that include a total number of nodes at or above the maximum number degrees of node-traversal.

20. The computer readable data medium of claim 17, wherein the software engine is further configured to store a set of weights in correspondence with the different types of edges and assign weights based on a type of edge to the edges in each pathway.

21. The computer readable data medium of claim 20, wherein the software engine is further configured to determine whether a threshold value has been met between two nodes using the assigned weight.

22. The computer readable data medium of claim 20, wherein the software engine is further configured to determine a cumulative value of weights on edges in each corridor using the assigned weights and rank the corridors in order of priority based on the determined cumulative values.

23. The computer readable data medium of claim 17, further comprising computer-executable instructions that, when executed by a processor, cause the processor to implement a publication process on a computer using memory to configure the computer to perform the process, wherein the process includes transmitting the identified corridors to a production environment that is accessible by the electronic online customer platform.

24. The computer readable data medium of claim 17, wherein the system configured to receive data includes receiving data that is inputted by analysts.