Use the dropdown below to select another product to compare with Customer Screening.
The table below summarises some key information about Customer Screening from ComplyAdvantage and Know Your Customer from Fenergo, giving you some points to compare.
| Customer Screening | Know Your Customer | |
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| Product Description |
ComplyAdvantage's Customer Screening solution streamlines the process of identifying high-risk individuals by automating checks against global watchlists, PEP databases, and adverse media sources. This solution ensures compliance with know-your-customer (KYC) and anti-money laundering (AML) regulations while reducing the time and effort required for manual screening. The platform provides real-time risk assessments with instant alerts for flagged individuals, enabling swift action to mitigate potential risks. Its advanced matching technology minimizes false positives, ensuring that compliance teams can focus on genuine threats. Comprehensive audit trails and reporting tools support regulatory documentation and compliance reviews. With its robust capabilities, ComplyAdvantage's Customer Screening solution enhances due diligence workflows and strengthens risk management practices across industries. |
Fenergo's Know Your Customer (KYC) solution ensures compliance with local and global KYC requirements by providing pre-packaged data, document, and ownership rules across over 120 jurisdictions. It streamlines operational efficiencies through seamless integration with leading data, ID&V, and screening partners, reducing client outreach and eliminating silos between operational and compliance teams. The solution incorporates continuous risk monitoring to ensure ongoing compliance throughout the client lifecycle. :contentReference[oaicite:2]{index=2} |
| Vendor | ComplyAdvantage | Fenergo |
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| Vendor Headquarters | United States | Ireland |
| Vendor Founded | 2014 | 2008 |
| About the vendors |
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. |
Solutions to manage risk across the customer lifecycle |
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