text: We present a data mining approach for profiling bank clients in order to support the process of detection of anti-money laundering operations. We first present the overall system architecture, and then focus on the relevant component for this paper. We detail the experiments performed on real world data from a financial institution, which allowed us to group clients in clusters and then generate a set of classification rules. We discuss the relevance of the founded client profiles and of the generated classification rules. According to the defined overall agent-based architecture, these rules will be incorporated in the knowledge base of the intelligent agents responsible for the signaling of suspicious transactions.
  @cite_5: Recently, money laundering is becoming more and more sophisticated, it seems to have moved from the personal gain to the cliche of drug trafficking and financing terrorism. This criminal activity poses a serious threat not only to financial institutions but also to the nation. Today, most international financial institutions have been implementing anti-money laundering solutions but traditional investigative techniques consume numerous man-hours. Besides, most of the existing commercial solutions are based on statistics such as means and standard deviations and therefore are not efficient enough, especially for detecting suspicious cases in investment activities. In this paper, we present a case study of applying a knowledge-based solution that combines data mining and natural computing techniques to detect money laundering patterns. This solution is a part of a collaboration project between our research group and an international investment bank.
summary: In @cite_5 , the authors present a case study corresponding to the application of a knowledge base solution that combines data mining techniques, clustering, neural networks and genetic algorithms to detect money-laundering patterns.