Haibo Zhang

Digital Assets, Digital Security, Data Science, Fraud and Analytics

Today, data is king. Clients desire much more from their data and want to use it in new and effective ways within their regulatory, Financial Crimes compliance and within the fraud environment. The challenge to clients is that the data area is highly technical and extremely complex. Providing advisory services in this area requires especially deep skills. A data scientist by training, Haibo has more than 15 years of global leadership in major banks, consulting firms and digital fraud software companies.  He is an expert in banking as well as cryptocurrencies, digital assets, exchanges and blockchains. He is also a recognized Financial Crimes and digital security expert, applying data science and model validation concepts to the FinTech and RegTech industries.

Based in London, Haibo’s consulting practice centers on offering strategic advice to US and global financial institutions on projects such as building standards and frameworks, evaluating FinTechs and applying machine learning to AML and Fraud Modeling. From an industry perspective, Haibo has wide experience. He served as HSBC’s Senior Vice President and Global Head of applied analytics, responsible for driving the analytics strategy for its Financial Crime Threat Mitigation global function. There he led both AML and Fraud Analytics global teams to ensure sound methodology and governance were applied.

Prior to this role, Haibo was at HSBC in New York where he was Global Head of Analytics Oversight, responsible for the best practice and innovation of Transaction Monitoring Systems and Analytics, including the Model Validation framework. He is fully familiar with the Norkom, Actimize, and Mantas systems. He also led and oversaw the evaluation and implementation of two major RegTech solutions: Ayasdi and Quantexa. Earlier, he served as HSBC’s US Head of AML Analytics where he established the Model Validation framework and was responsible for all analytics of the US AML transaction monitoring systems. Haibo also has direct vendor experience as he served as Senior Scientist at Nice Actimize and a Senior Sentinel Architect for Fortent and Searchspace’s AML and Fraud solutions.

Haibo holds a PhD in Computational Biology from Rutgers University and NJIT, and also holds a Masters Degree in Molecular Microbiology from Nankai University.

RECENT TALKS AND PUBLICATIONS

  1. A Guide to Using Analytics to Control PPP Loan Risks, White Paper, April 2020
  2. Critical concepts for correct customer segmentation implementation, August 2020
  3. Analytical Context: Using Analytics to Gain Financial Crime Insights, March 2020
  4. Challenges and Opportunities for Bringing Analytics and Contextual Information within Financial Crime Programs: Talks at the Virtual Event at Europol Financial Intelligence Public Private Partnership (EFIPPP) Innovation Working Group (IWG) meeting, October 27, 2021
  5. Assessing the RegTech Impact – Discussion of how Regtech has so far impacted on the development of anti-financial crime, and whether it has improved efficiency or effectiveness more: Panel Speaker at FinCrime London, GRC World Forum, 16 November 2021
  6. ACAMS Germany Chapter: Intelligence-Led Financial Crime Risk Management.
  7. Introduction to AML and Compliance Analytics: Invited talk at UCL

Email: haibo@compliance-analytics.co.uk

Tel: +447368290772

Mission

Create Industry Standard – Model Validation

Promote healthy communication among FinCrime analytics professionals, foster a community for the standardization of Model Validation Vocabulary, so that numbers of events, infractions, alerts, cases and SARs (Suspicious Activity Reports) are all telling stories in the right context. We do so by providing advisory services, publishing white papers about methodologies and best practices to banks and FinTech & RegTech companies.

Compliance for Crypto, NFT, and in MetaVerse

Apply Risk and Model Governance frameworks to the AML Compliance in Crypto and NFT spaces, explore compliance analytics sound practice principles in the MetaVerse.

Contribute to the ESG Revolution

Through Analytics contribute to the reporting, the new strategy and the business transformation around environmental, social, and governance (ESG) issues.