Contribution: Industrial Research Assistance Program
Polyalgorithm Machine Learning Inc.
$75,000.00
Adaptation and Validation of Advanced Feature-Selection Technology for Anti-Money Laundering (AML) Transaction Data
FY 2026-27 · 2026-05-01
Summary
The purpose of this project is to experimentally adapt and validate PolyML’s advanced feature-selection and feature-importance technology for application to Anti-Money Laundering (AML) datasets, using publicly available data sources.
The work will focus on algorithmic improvements, adaptation of advanced feature engineering, performance benchmarking, validation and interpretability.
Department
Program
Industrial Research Assistance Program
Recipient
Location
Waterloo|Waterloo, Ontario, Canada
Recipient Type
For-profit organization
Business Number
724901681
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
Amendments
Each version of the agreement as published, oldest first, with its total as of that version. The amount above is the latest.
| Amendment | Date | Fiscal Year | Total |
|---|---|---|---|
| 0 | 2026-05-01 | 2026-27 | $75,000.00 |
| 1 | 2026-05-01 | 2026-27 | $75,000.00 |
As published
Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 31 days.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 31 jours.
Agreement End Date
2026-10-31
Agreement Number
1041198
Agreement Start Date
2026-05-01
Agreement Title
Adaptation and Validation of Advanced Feature-Selection Technology for Anti-Money Laundering (AML) Transaction Data
Agreement Title (French)
Adaptation et validation d’une technologie avancée de sélection de caractéristiques pour les données transactionnelles relatives à la lutte contre le blanchiment d’argent (AML)
Agreement Type
Contribution
Agreement Value
$75,000.00
Amendment Date
2026-09-22
Amendment Number
1
Coverage
Industrial Research Assistance Program projects stimulate wealth creation for Canada through technological innovation and strengthen Canadian innovation ecosystem by creating new industrial capacity. | Les projets du Programme d'aide à la recherche industrielle favorisent la création de richesse au Canada grâce à l'innovation technologique et renforcent l'écosystème canadien de l'innovation en créant de nouvelles capacités industrielles.
Description
The purpose of this project is to experimentally adapt and validate PolyML’s advanced feature-selection and feature-importance technology for application to Anti-Money Laundering (AML) datasets, using publicly available data sources.
The work will focus on algorithmic improvements, adaptation of advanced feature engineering, performance benchmarking, validation and interpretability.
Description (French)
L’objectif de ce projet est d’adapter et de valider de manière expérimentale la technologie avancée de sélection et d’importance des caractéristiques de PolyML en vue de son application à des ensembles de données relatifs à la lutte contre le blanchiment d’argent, à l’aide de sources de données accessibles au public. Le travail portera sur les améliorations algorithmiques, l’adaptation de l’ingénierie avancée des caractéristiques, l’analyse comparative des performances, la validation et l’interprétabilité.
Expected Results
The expected results and outcomes of NRC Industrial Research Assistance Program is focused on growing small and medium-sized enterprises (SMEs) through innovation and wealth creation for Canada.
Expected Results (French)
Les résultats attendus du Programme d’aide à la recherche industrielle du CNRC sont axés sur la croissance des petites et moyennes entreprises (PME) grâce à l’innovation et à la création de richesse pour le Canada.
Federal Riding
Waterloo
Federal Riding (French)
Waterloo
Federal Riding Number
35114
NAICS Code
541514
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program
Program Name (French)
Programme d’aide à la recherche industrielle
Program Purpose
The purpose of Industrial Research Assistance Program Contributions to Firms is to provide support that assists small and medium-sized enterprises (SMEs) to advance their innovation knowledge and ability to innovate, grow through innovation and stimulate wealth creation for Canada.
Program Purpose (French)
Les contributions versées aux entreprises en vertu du Programme d’aide à la recherche industrielle ont pour objectif d’apporter un soutien aux petites et moyennes entreprises (PME) afin qu’elles puissent approfondir leurs connaissances en matière d’innovation et renforcer leur capacité d’innovation, de croissance et de création de richesse pour le Canada.
Recipient Business Number
724901681
Recipient City
Waterloo|Waterloo
Recipient Country
CA
Recipient Legal Name
Polyalgorithm Machine Learning Inc.
Recipient Operating Name
PolyML
Recipient Postal Code
N2L 1T2
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2026-2027-Q1-1041198