Anti Money Laundering Modeling Software

Principal Investigator’s Organization (PIO):

Institute of Business Administration, Karachi

Principal Investigator (PI):

Dr. Sajjad Haider , Dr. Nauman Sheikh


This project developed a software to simplify the data management, modeling and segmentation challenges to a point where simple configuration and setup to allow financial institutions to comply to the ordinance in letter and spirit without incurring huge costs and unnecessary delays. It was also a quantitative analysis tool using advanced Statistical and Data Mining techniques could solve the problem of Money Laundering by establishing a known behavior for each customer, group, region, branch or even type of transactions (called entities).