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Update 2024-11-24-aml-tools.md
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matsygfors authored Nov 24, 2024
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Expand Up @@ -22,17 +22,13 @@ First out is a date conversation tool that will help our customers to clean up a
This is a type of solution that will be able to convert almost any kind of date-description to a defined format.
<p>Here are some examples of dates that it converts to a predefined format YYYY-MM-DD.</p>

| Input | Output |
| :-------- | :------- |
| 2022/06/22 |2022-06-22|
| 20220622 |2022-06-22|
| twenty second of 6th month in 2021 |2021-06-22|
| March 5th, '21|2021-03-05|
| second of july 1970|1970-07-02|
<br/>
<p>The interresting thing with solutions like this is the indifference it is to the input. For example would an easy conversation with different delimiters be very easy to do
like <b>2022/06/22</b> and <b>20220622</b> would directly convert to <b>2022-06-22</b>. Actually regardless of delimiter it would manage that. But what about more complex examples like <b>twenty second of 6th month in 2021</b>? Yes it handles that resulting in <b>2021-06-22</b>. Or completly different formats like <b>March 5th, '21</b>? Results in <b>2021-03-05</b> and <b>second of july 1970</b> results in <b>1970-07-02</b>. As examples show, the input is not required to follow a specific format.</p>

<p> </p>
**No data leaves your network**

So, what can you use a tool like this for? For startes if would be possible to extract dates in a specific format from any kind of text. Or to validate the input or manually entered date field. Or convert fields in large old legacy data-sets. It would be a new tool in the toolbox of data-quality that in the long run would make AML, KYC and Financial Crime Prevention even better.

**No data leaves your network**

No AML-tools from Athega requiers energy intesive cloud servers, all are possible to run locally within your network, making sure no infomation leaves.
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