HGS Wins “Behavioral AI Solution of the Year” Award

Mumbai: HGS, a global leader in technology solutions, cybersecurity, and consulting, has been recognized as the winner of the “Behavioral AI Solution of the Year” award in the 8th annual AI Breakthrough Awards program. The award honors HGS’s innovative AI-powered financial crimes detection tool, which harnesses AI models to predict and prevent financial crimes.

Key Highlights:

• HGS’s Psychometric Risk State Prediction Model uses behavioral AI to assign a risk score or category to users, predicting potential state transitions and aiding in early risk mitigation strategies.
• The Keyword State Prediction Model maps keywords to distinct semantic states, providing insights into shifting fraud patterns or behavioral trends.

Venkatesh Korla, HGS Global CEO, said, “Our AI Models help organizations supercharge their financial crime management processes by implementing solutions that are not reactive but completely proactive with their analysis and next best steps.”

Steve Johansson, Managing Director, AI Breakthrough, said, “HGS technologies are transforming financial crime prevention capabilities. The future of financial crime prevention lies in the continuous evolution and implementation of AI, and HGS is leading the way.”

The AI Breakthrough Awards program attracted over 5,000 nominations from more than 20 countries, recognizing the top companies, technologies, and products in the global AI market.