Bank of Singapore was awarded Best In-house Adverse Media Monitoring Solution at the 8th Regulation Asia Awards for Excellence 2025

Bank of Singapore was awarded Best In-house Adverse Media Monitoring Solution at the 8th Regulation Asia Awards for Excellence 2025, celebrated in person on 10 November 2025, for its innovative Adverse News Screening & Analytical Model. 

This award recognises a financial institution that has demonstrated exceptional innovation by developing a proprietary solution to address the complex challenges of adverse media screening. The judges looked for in-house initiatives that provide a competitive advantage, enhance risk detection, and deliver significant operational efficiencies, moving beyond the limitations of off-the-shelf vendor products. 

Bank of Singapore was recognised for its forward-looking approach to reimagining adverse media monitoring from the ground up. Faced with the challenge of vendor solutions missing key risks found on public search engines and producing overwhelming false positives, the bank developed a sophisticated in-house model using a hybrid "build and buy" strategy. The solution leverages advanced technologies, including Generative AI and Natural Language Processing, to automate public searches, analyse news for financial crime relevancy, deduplicate similar articles, and link entities to the bank’s client network. 

The model has already proven its value in testing, successfully identifying adverse news that led to the filing of Suspicious Transaction Reports (STRs). The bank's metrics from its Proof of Concept project an over 80 percent reduction in articles needing review through deduplication, filtering out more than 75 percent of non-relevant news.  

“This appears to be a highly tailored solution addressing a critical compliance problem, and the bank has presented clear metrics that evidence immense potential benefits in both effectiveness and efficiency,” said a judge on the Regulation Asia Awards panel. “The solution is both innovative and highly strategic. By building a model that understands context, relevancy, and client connectivity, they are setting a new standard for risk surveillance.” 

About the Regulation Asia Awards for Excellence 2025  

The Regulation Asia Awards for Excellence recognises financial institutions, technology companies, legal and consulting firms, exchanges and other players that help ensure the highest regulatory compliance standards are upheld in the financial industry. Each year, senior industry practitioners serve on a judging panel to help assess and score each submission to determine the winning entrants.    

For a full list of the 2025 award winners, visit www.regulationasia.com/awards.  

About Regulation Asia  

Regulation Asia is the leading source of actionable regulatory intelligence for Asia Pacific markets. With over 13,000+ subscribers, including regulatory bodies, exchanges, banks, asset managers and service providers, Regulation Asia plays a key role in shaping the regulatory agenda.   

Visit www.regulationasia.com or connect via LinkedIn or Twitter.