SymphonyAI acquires NetReveal

SymphonyAI has acquired financial crime detection solution NetReveal from British technology-led defence, aerospace and security solutions firm BAE Systems.

Founded in 2017, SymphonyAI builds packaged enterprise AI solutions for various industries, including finance, IT/enterprise service management, retail, consumer packaged goods, manufacturing, media and the public sector. The platform is backed by private investment firm SAIGroup. In late 2021, SymphonyAI launched its Symphony AyasdiAI Sensa platform, which aims to reduce financial crime by combining graphs, supervised and unsupervised machine learning to transform clients’ risk approach by using data in their legacy anti-money laundering (AML) and fraud systems.