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Brevan Howard adopts Behavox Quantum AI compliance solution

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Brevan Howard, the Jersey-based global macro hedge fund major founded by Alan Howard, has upgraded to Behavox’s Quantum AI solution, two years after first partnering with the provider of AI-driven compliance solutions.

Brevan Howard implemented Behavox Quantum AI for text and audio communications following extensive testing and determining that Behavox Artificial Intelligence systems successfully met expectations for explainability, transparency, and change management.

“Behavox has delivered further reductions in alert volumes and false positives, allowing us to better optimise our resources,” said Ryan Taylor, Group Head of Compliance at Brevan Howard. “Moreover, with an increase in relevant alerts – Behavox AI has enabled us to better protect our investors and meet our regulatory expectations.”

 

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