About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Santander Selects ThetaRay’s AML Solution to Boost Data Lineage Capabilities

Subscribe to our newsletter

Banco Santander has joined forces with ThetaRay, a provider of AI-based big data analytics, to utilise its AML solution for correspondent banking. The rules-free solution uses machine learning algorithms to identify anomalies in SWIFT and KYC data that point to money laundering, enabling early resolution.

The system will analyse the bank’s SWIFT traffic, risk indicators and KYC data to detect anomalies indicating money laundering schemes in correspondent banking transactions. The platform will also provide Santander with full access to ThetaRay’s data lineage capabilities, enabling the bank to perform full investigative forensics, as well as trace how and why the algorithms came to a certain decision.

“ThetaRay’s solution will further improve our ability to detect the earliest signs of money laundering and uncover unknown originating risks,” notes Carlos Gutierrez, Global VP Global Transaction Banking CIB, Santander.

Santander’s Strategic Digital Partnership has also strengthened its partnership with ThetaRay through a broader agreement designed to promote adoption of the FinTech firm’s disruptive AML and fraud prevention technology across all its business units.

 

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: End-to-End Lineage for Financial Services: The Missing Link for Both Compliance and AI Readiness

8 October 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes The importance of complete robust end-to-end data lineage in financial services and capital markets cannot be overstated. Without the ability to trace and verify data across its lifecycle, many critical workflows – from trade reconciliation to risk management – cannot be...

BLOG

Standards and Identifiers Help to Prevent ‘Data Chaos’: Webinar Preview

Financial institutions’ absorption of ever-greater volumes of data, and their utilisation of it in a surging number of use cases, is putting strains on their data management processes. Taking the friction out of those workflows can improve performance substantially. But the absence of a unified international set of standards to ensure all data used by...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook 2025 – Thirteenth Edition

Welcome to the thirteenth edition of A-Team Group’s Regulatory Data Handbook, a unique and practical guide to capital markets regulation, regulatory change, and the data and data management requirements of compliance across Europe, the UK, US and Asia-Pacific. This year’s edition lands at a moment of accelerating regulatory divergence and intensifying data focused supervision. Inside,...