ComplyAdvantage

Financial Crime Risk Intelligence

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About Financial Crime Risk Intelligence

Data last checked by us: November 2024


ComplyAdvantage's Financial Crime Risk Intelligence solution equips organizations with actionable insights to identify and mitigate risks associated with financial crime. This platform aggregates data from global sanctions lists, PEP databases, adverse media sources, and other risk indicators to provide a comprehensive view of potential threats.

The solution employs advanced analytics and visualization tools to uncover hidden connections and patterns, enabling businesses to make informed decisions. Real-time updates and alerts ensure that organizations remain aware of emerging risks and can take proactive measures to address them. Its customizable dashboards and reporting features offer flexibility in tailoring risk intelligence to specific business needs.

By providing a holistic view of financial crime risks, ComplyAdvantage's Financial Crime Risk Intelligence solution enhances decision-making, supports compliance efforts, and fosters a secure business environment.

Which use-cases can Financial Crime Risk Intelligence be deployed for?

About ComplyAdvantage

ComplyAdvantage, founded in 2014, is a RegTech company that specializes in providing AI-driven financial crime risk detection and anti-money laundering (AML) solutions. ComplyAdvantage leverages artificial intelligence, machine learning, and natural language processing to offer real-time risk insights and AML data solutions.

The company provides a range of services, covering:

- AML onboarding and monitoring
- Transaction monitoring
- Payment screening
- Politically exposed persons (PEPs) and adverse media screening
- Real-time sanctions and watchlist screening

ComplyAdvantage has experienced significant growth since its inception, raising $88.2 million through three rounds of venture capital funding and expansion of its operations with offices in the United States, Singapore, and Romania. The company serves over 1,600 businesses across the globe, including major financial institutions like Santander and Affirm, and clients have reported a 70% reduction in false positives and a 50% decrease in onboarding cycle time.

Founded: 2014

Example Customers: Santander, JustEat, Allianz, Howden

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