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Financial crime is accelerating and it's not because institutions lack AI investment. Fraud, AML and KYC budgets are growing, models are more sophisticated, and detection capabilities have never been more advanced. Yet the gap between what financial crime operations can do and what they're actually achieving continues to widen.
The bottleneck isn't the model. It's what sits beneath it.
When fraud, AML and compliance functions operate across fragmented systems with inconsistent data and no shared view of risk, even the most capable AI is working blind. The institutions gaining ground aren't running better algorithms, they have better visibility into what their models are seeing, deciding, and missing in real time.
This session examines what's genuinely shifting at the operational level - beyond the hype.
Senior Solutions Architect, Elastic
Giovanni is a Senior Solutions Architect and UK Financial Services Specialist at Elastic, with more than 15 years of experience at the intersection of...
Giovanni is a Senior Solutions Architect and UK Financial Services Specialist at Elastic, with more than 15 years of experience at the intersection of financial data infrastructure and enterprise technology.
Before joining Elastic, he spent a decade at Bloomberg in a client-facing role, helping developers build production applications on normalized, real-time exchange data. That experience gave him firsthand insight into what it takes to make financial data trustworthy, fast, and actionable at scale.
His work spans fraud and financial crime across highly regulated industries, from strengthening pharmaceutical supply chain integrity to helping financial institutions tackle fraud, anti-money laundering (AML), and compliance challenges.
Today, he works closely with UK banks and financial institutions to unify fragmented data environments and make the data underpinning these operations more accessible, timely, and useful.
A core conviction shaped by his experience across data infrastructure and financial services is that the biggest bottleneck in AI-powered financial crime operations is rarely the model itself. More often, it is the fragmented and siloed data beneath it.
For Giovanni, unlocking the value of AI starts with creating a unified, trusted data foundation that enables financial institutions to detect risk faster, investigate more effectively, and turn data into action.
Director of Economic Crime Policy & Strategy, UK Finance
Daniel leads UK Finance’s Economic Crime cross-cutting policy, advocacy and public/private partnership activity.Daniel joined UK Finance in 2017 and h...
Daniel leads UK Finance’s Economic Crime cross-cutting policy, advocacy and public/private partnership activity.
Daniel joined UK Finance in 2017 and his previous leadership experience include as Director responsible for the organisation’s work on LIBOR transition, supporting firms across our membership during this change. As Director, Commercial Finance, he also previously led on a range of commercial banking activity including stakeholder engagement, access to banking and finance, and regulatory change.
Daniel started his career in Deloitte’s Banking and Capital Markets group where he served a range of financial services clients in assurance and advisory engagements. He is a Chartered Accountant and Chartered Banker, and a graduate of the University of Cambridge.
Elastic helps financial services leaders connect the dots, fast. Our platform searches, unifies, and analyses data across apps, infrastructure, fraud ...
Elastic helps financial services leaders connect the dots, fast. Our platform searches, unifies, and analyses data across apps, infrastructure, fraud systems, and security environments - turning siloed information into real-time insight you can act on.
Whether you're detecting fraud, delivering AI-driven customer experiences, hardening your security posture against sophisticated attacks, or modernising the legacy operations holding you back - Elastic gives you the clarity to see, the confidence to act, and the speed to stay ahead.
We work with some of the world's leading financial institutions, delivering intelligence at banking speed - so they can innovate with confidence, respond without delay, and operate without risk.
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