Hydra AML - Game changing AML platform - Pitch - November 2016

HYDRAA Game Changing

Money marking & transaction tracking platform

Hydra AML Ltd., 2016.

Anti Money Laundering market

● Financial crime is global

Estimated to 1 trillion USD / year

Financing of Terrorism is a big issue

● AML and CFT are complex and expensive

Special human competencies required

Expensive tools

High penalties


The current process


Risk Management

Compliance

Know your Customer

Monitoring

The current process


Reporting suspicious

cases

… reporting about

their clients


The current process

FIREWALL

The detection of a case takes long time usually 18 months on averagefrom first notificationto judgement.

The detection of a case

Current issues


Process takes too much timeThe whole process takes 18 months in average

Banks spend more and more resources to investigateHighly specialized human competenciesExpensive tools

Limited global AML activityHuge differences in banks AML spendingsLegal problems (privacy, firewalls, borders)

Data issuesNo instant access to all transactional dataLow Quality DataBanks cannot deeply examine all potential cases

Wasting money and timeToo many false alertsLEAs only receives a slice of all criminal cases

Hydra – the concept


What if…

Money could talk?

Our concept is about:● marking money digitally at the source● compressing information in the marker on the money● modifying the marker in the case of each transaction● collecting markers without Personal Identification Data (PID)

Hydra: The Pending Patent

The methods behind HYDRA have been subject to a patent application by HAML (pp nr. W1500080) with the title: “A procedure for high-information qualitative marking and tracking of bulks consisting of mass units or their transactions”. Hydra AML Ltd. is the owner of the related commercial rights.

HYDRA AML process – Smart inputMoney in the account can be broken into separate parts based on the desired usage (VAT, social contributions, subcontractors’ fee, local fees etc.)


Traitional processCurrent quality of data, with limited

visibility on details.

Hydra processThis methodology provides better quality,

structured data

HYDRA AML process – marking money● HYDRA Client marks the different parts of digital money.


Markers are attached

directly to the digital money.

The markers related to a sum are similar to the DNA, they show the origin and background of the money

Markers are sent to Hydra Central Unit.

Hydra AML process overview


Why Hydra?


Reduces AML/CFT related costs of banksLess human capacities requiredAutomatized process with less false alarm

Improved investigation capabilitiesTransactional data is instantly available / faster detection of crimePattern recognition in global scale / algorithm scans the full databaseFirewall/privacy problems eliminatedPrevention

Allows to build more powerful AML applicationsQuality dataNew technologies based on AI, BIOther AML vendors: cooperation/licensing platform

Our Vision


Industry standard – parallel system

● Law Enforcement Agencies ● AML software vendors ● Banks

Business model

● SaaS● Licencing● Data services

Early success


Horizon 2020 callProposal submitted in August 2016

Participant organisationResearch

Sheffield Hallam University - United KingdomCentral European University - HungaryUniversità degli Studi di Palermo - ItalyCorruption Research Center Budapest – Hungary

IndustryHydra AML Ltd. - United KingdomApPello Banking Software SRL. - Romania

Law Enforcement AgenciesGuardia di Finanza GdF - ItalyNational Protective Service Financial Department - HungaryPrefecture de Police, Paris PPP - FranceGeneral Directorate for Combating Organised Crime – Bulgaria

Advisory BoardMatthew Bradford, Detective Superintendent Director of NFIB City of London Police, National Fraud Intelligence Bureau-NFIBDr Calogero Ferrara, Prosecutor of the Special Antimafia Directorate at Procura della Republica di PalermoDr Csaba Toth, Director of the Republikon Institute, BudapestZoltán Nagy, former president of the Hungarian Competition Authority, former compliance director of the railway company of the Hungarian stateJose L. Diego, Project Manager, Valencia Local Police


Contact

László Kürtibusiness development manager

[email protected] Péter Szakál

marketing manager+36.70.704.5669

[email protected]

Thank you!

Economy & Finance

Hydra AML - Game changing AML platform - Pitch - November 2016