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Behavox Quantum Amplifies Vitol’s Compliance Monitoring

  • news2u
  • Dec 22, 2023
  • 1 min read

KUALA LUMPUR, Dec 22 (Bernama) -- Behavox, the artificial intelligence (AI)-driven compliance and security solutions provider, announced that Vitol, a global energy and commodities company, has successfully implemented Behavox’s Quantum AI Software as a Service (SaaS) solution.

Behavox Quantum enhances Vitol’s risk coverage by providing commodity trading-specific risk coverage to proactively detect misconduct. Vitol has implemented Behavox Quantum AI Risk Policies to ingest and monitor its enterprise communications for compliance risk.

In a statement, Behavox Chief Revenue Officer, Nabeel Ebrahim said: “We are proud to work with an organisation of Vitol’s calibre, who are committed to continuously reviewing and enhancing their communication monitoring programme to meet evolving compliance needs.”

Meanwhile, Vitol Head of Compliance, Odile Roy de Puyfontaine said initial implementation of Behavox technology has been encouraging and provided some valuable insights.

Vitol, one of the world’s leading energy traders, joins some of the largest global energy and commodity trading firms in adopting Behavox Quantum to proactively detect misconduct.

Empowering organisations to proactively detect and mitigate human risks within the organisation, Behavox leverages large language models and generative AI to transform how compliance and security teams manage risks and safeguard organisational integrity.

-- BERNAMA

 
 
 

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