Best AML Software of 2024

CipherTrace provides cryptocurrency AML compliance solutions to some of the most important banks, exchanges and other financial institutions around the world. This is due to its best-in class data attribution, analytics and proprietary clustering algorithms. It also covers more than 2,000 cryptocurrency entities, more than any other Blockchain analytics company. Protection against money laundering, illicit money service companies and virtual currency payment risk. Crypto AML compliance is made easier by knowing the transaction. Blockchain forensic tools are powerful and allow for investigations into criminal activity, fraud, or sanctions evasion. Visually trace the movements of funds. Monitor crypto businesses to ensure compliance with AML, evaluate KYC effectiveness, and audit their performance. The CipherTrace certified examiner training offers hands-on instruction on cryptocurrency tracing and blockchain.

Reporting and compliance investigations for smart financial institutions. Customer intelligence designed for compliance. All your case investigations and reporting can be done from one platform. Modern technology to file suspicious activity reports (SARs). Manage cases, conduct investigations, create detailed reports, and file SARs or refer partners. Use the Hummingbird platform and our APIs to validate suspicious activity reports and file them. With integrated chargeback handling and speedy workflows, Master Regulation E and Z disputes can be resolved quickly. You can test compliance programs using custom workflows, automated workpapers, real-time reporting, and other features. Facilitate shared reporting and investigation between banks and FinTech partners.

It has never been more important to know who your business partners are. Acuant helps you instantly reduce risk, prevent fraud, and increase security for any business size with the fastest Go to Market. We offer omnichannel solutions to age verification, AML/KYC and fraud prevention to get you where your customers want to transact. For today's digital-first economy, fast, friendly and secure identity verification. Acuant allows you to quickly address changing regulations and fraud. You can access the entire platform or only the solutions that you require today. Acuant's Identity Document Library contains over 6,000 documents and is constantly updated to ensure the best coverage and accuracy. Acuant is a pioneer in enabling governments and businesses to transact with trust online. It facilitates the creation, ownership, and verification of your identity, making it accessible to the entire world.

Validus is a comprehensive platform that integrates surveillance, market risk monitoring, algo monitoring, and AML/transaction monitoring. This allows you to maximize regulatory efficiency. The proven Validus Trade Surveillance solution can save you time and money while minimizing the risk of reputational damage and fines. Validus Market Risk helps you to comply with financial limits and written supervision procedures by verifying that all your pre-trade risks systems are functioning properly. There are hundreds of integrations that allow you to quickly add connections in global options, futures and FX. This tool uses machine learning and robotic process automation to quickly escalate the most important alerts. Only solution that can run at different intervals, including real-time.

Exiger's combination technology and expertise is designed to provide companies with modern solutions for their most difficult compliance problems. To make partner decisions quickly and confidently, gather information, risk-rank, and diligence third party relationships. Screening solutions should make your life easier than burying you in more data, as there are constant changes to sanctions and new information. Exiger's award winning technology will eliminate the'swivelchair' effect and help you accelerate your onboarding and CDD/EDD team processes. Exiger combines purpose-built technology and practical expertise to illuminate the risk in every country. Our teams have a wide range of backgrounds and experience to develop innovative solutions to complex compliance problems. Exiger is a global compliance, financial crime, risk and regulatory company.

Accessible and current financial crime intelligence. The only financial crime threat intelligence tool available on the market will significantly improve the performance of your existing transaction monitoring system, KYC tool, or anti-financial criminal training programme. Risk Assessment Pro lets you move beyond static spreadsheets to enable a dynamic approach to identifying and managing financial crime risks. You can save time and valuable resources while improving quality and compliance.

Client onboarding goes beyond KYC/AML. Muinmos' client-onboarding platform is the only one that fully automates the entire onboarding process, from AI-powered client categorisation to fully automatic risk assessments and KYC/AML checking. It's a platform unlike any other. It offers unmatched onboarding time and smooth customer experience, which allows you to onboard more clients at fraction of the cost. mCHECK™, which is connected to multiple data sources allows for global coverage and all types KYC/AML checks. mRX™ ensures that you remain within your own risk parameters even when clients' profiles, regulations, or your policies change. Muinmos' proprietary regulatory software is one-of-a kind. It automatically classes clients, products, and services using algorithmic rule-based Artificial intelligence. Muinmos is a complete solution. Any client type can be onboarded in minutes, while remaining fully compliant.

Arachnys speeds onboarding by providing the best global KYC/AML data. Enriched, automated customer data allows for straight-through processing, which results in fewer customer touchpoints and less risk, as well as faster revenue. You can keep regulators happy with real-time registry and adverse media connections, while also reducing refresh costs and improving customer service. A range of APIs allows modular integration into the customer lifecycle and case management tools. This eliminates manual processes, reduces headcount, and improves efficiency.

Innovative financial crime risk assessments that protect your business. Financial crime compliance programs must include risk assessments. Arctic Intelligence offers an enterprise-wide risk assessment solution that can assess your business' vulnerabilities according to global regulations and FATF guidelines. Our solutions are able to address many problems by providing data-driven, defendable results and quickly creating a program that is tailored to each organisation. Our technology can calculate and present firm-wide risk profiles. This allows us to identify and highlight high risk areas, and help us to address any weaknesses. Real-time reporting provides accurate, consistent, and reliable results for both individual business units and the entire organisation.

Finance is one of the most vulnerable industries to the direct effects of new technologies. Digital transformation has created new opportunities, new needs and new stakeholders: Fintech firms. Fintech stands for the convergence of finance and technology. It was created in 2015 to reflect the arrival of new technologies within the finance sector. Fintechs are specialists in payment, credit and money transfer. They also offer account aggregation and savings management. They are relatively young start-ups and use digital, artificial intelligence and mobile technologies to reach large numbers of B2B and B2C consumers. Fintechs are subject to the same regulations and vigilance as traditional financial players.

Alessa offers all the anti-money laundering capabilities that banks, financial services businesses (MSBs), Fintechs and casinos require - all in one platform. Alessa offers APIs to integrate with onboarding systems to verify identities, search sanctions, politically exposed people (PEPs), OFAC and proprietary lists in real-time. This information can be used to update the entity's risks. Alessa uses data from multiple sources to create a risk score. The organization can set up risk factors, weights and scores to meet their risk appetite and tolerance. Workflows are used to manage periodic reviews and scores are updated based upon the activities of the entities. Alessa allows you to monitor all financial transactions and gives you a complete view of customer activities. The solution generates alerts for suspicious activity, and sends them to the appropriate personnel for investigation or reporting.

Pega's regulatory rules are updated quarterly. Pega is sourced from a global team made up of regulatory experts, lawyers, policy makers, and regulatory experts with extensive experience across all major regulators, including the OCC, FinCEN and CFTC. Rapidly respond to audits and regulatory findings through automated bulk case creation, routing, and escalation. Rule changes can also be auditable. You can quickly update rules via configuration and address any issues with a zero-code rule management portal. You can onboard clients across all jurisdictions, business lines, and products with a rules-based approach. You can apply local regulatory requirements where applicable, and collect only additional information as necessary.

NCC Compliance is our real time tracking and reporting tool for markers and front money. NCC Compliance tracks currency transactions and aggregate cash-in/cash-out totals in a Multiple Transaction Log. Transaction data would include information about transaction type, amount, patron information, and more. NCC Compliance allows the casino compliance team the ability to organize patron activities into manageable instances and produce a Currency Transaction Report (CTR), Suspicious activity Report (SAR), Monetary Instrument Logs (MIL), Negotiable Instrument Logs (NIL), and Monetary Instrument Logs (MIL) reports. The NCC Compliance API interfaces directly to casino systems, including player, cage, table and cash-access games, lottery, race, sports, and lotteries. NCC Compliance's user-friendly interface allows users to record transactions.

All-in-one workflow to verify customers' identities, streamline KYC onboarding and manage the customer lifecycle. Our partner network allows us fast and accurate Identity Documents verification from more than 240+ countries and regions. We can work with our sister company SelfKey to support a blockchain approach that allows users to store their KYC details online. Our global sanctions and watchlists, politically vulnerable persons, and adverse media databases will help you screen your clients, both individual and corporate, for criminal or prohibited activity in real-time. You can customize the solution to meet your needs, including GDPR. The RESTful API allows you to integrate with your applications and process hundreds of thousands of checks daily. Innovative technology allows you analyze the history of a crypto wallet to check it against known risk indicators.

Are you a victim of a cryptocurrency scam or hack on crypto exchanges? Security experts can track the movements of your stolen funds in real-time. Uppsala Security offers risk management solutions for cryptocurrency AML and regulation compliance. Uppsala Security's AML Solution integrates with Samsung Blockchain's wallet, ensuring a safe user experience. Sentinel Protocol is the first crowdsourced Threat Intelligence Platform using blockchain technology to protect cyberspace. It was developed and operated by Uppsala Security. Uppsala Security created the first crowdsourced Threat Intelligence Platform, known as the Sentinel Protocol. It is powered by blockchain technology. The framework is supported by a team security analysts and researchers who aim to provide a safe interconnected experience with a suite solutions that meet the crypto security requirements of organizations and comply with the cybersecurity industry's compliance standards.

Coinfirm has been driving the mass adoption and use of blockchain in the new financial sector since 2016. Coinfirm is a leader in cryptocurrency compliance, using powerful analytics to access the largest blockchain database. Our industry-leading blockchain analytics and AML tools are trusted to analyze and manage risk for all major exchanges and banks, as well as governments. Talk to the top RegTech in Blockchain Analytics or Crypto AML/CTF to solve your crypto compliance problems. Manage counterparty risk, review and escalate cases, and create an audit trail. With 270+ data points and risk checks, you can quickly gain an in-depth understanding of the entire transaction. This includes everything from financial crime to counterparty identification. You can check every transaction with our standard reports or use the enhanced reports if you need more information. Find and evaluate all addresses that are part of a multi-input-output transaction using blockchain.

Our next generation Intelligent Compliance Platform has been trusted by the top data providers around the world. It is transforming AML & Trade Compliance. The Napier platform is easy to use, scalable, and fast. It quickly strengthens your AML defenses and compliance capabilities. It also meets your compliance obligations and challenges in every sector. Our tools significantly reduce false positives as well as false negatives, allowing compliance teams to make valid decisions with unprecedented speed. Napier's single, unified platform integrates multiple compliance options into one dashboard. The dashboard is easily configurable and allows you to see the relevant information for your tasks. This makes it easy to spot suspicious activity at a glance. We work closely with you to ensure the best outcome for your company, whether you need to deploy in the cloud or on-premise.

Watch how our team used our CISO™, a solution that allows for quick tracking down and tracing these notoriously hacked funds. Our deep expertise in ransomware is combined with Machine-Learning-enabled tools to help institutions avoid regulatory liability. We are a leader in enabling developers to secure DeFi projects, DApps for mainstream acceptance. The Cryptocurrency Anti Money Laundering process is simple, quick, and preventive. AI-powered, behavior-based intelligence connects crypto to real-world entities. This allows your business to secure cryptocurrency assets, quantify risk and remain KYC/AML compliant. Interactive graph-based investigation tools enhance your analytics efforts to uncover complex entity relationships involving thousands upon thousands of addresses.

Featurespace's ARIC Risk hub for financial crime and enterprise fraud monitors real-time customer information using our proprietary machine learning inventions and adaptive behavioral analytics. ARIC Risk Hub provides multiple solutions to fraud and anti-money laundering analysts to spot suspicious activity and prioritize alerts with explicable anomaly detection. ARIC Risk Hub also recognizes genuine customers without preventing their activity, which reduces friction. Our ARIC Risk Hub serves as a technology partner for the financial services industry. It is used by some of the largest banks, payment processors, and merchant acquirers in the world. Request access to the blueprint to learn more about our world-leading, real time machine learning product for financial crime prevention and enterprise fraud.

Graph analytics can uncover hidden risks and uncover new opportunities. Standard MDM solutions do not support large volumes of disparate, distributed data that is generated by different applications and external sources. Traditional MDM probabilistic match doesn't work well when there are multiple data sources. It leaves out business value by missing connections and losing context. Ineffective MDM solutions can have a negative impact on everything, from customer experience to operational performance. Your team won't be able to make timely decisions without on-demand visibility into holistic payment patterns, trends, and risk. Compliance costs will rise, and coverage can't be increased quickly enough. Customers suffer from fragmented experiences due to the disconnect between your data and their business lines. Personalized engagement is not possible because they are based on incomplete, often outdated data.

Kinectify is a modern risk management software that focuses on getting to know each vendor and customer. Our tools simplify previously difficult tasks, centralize information, are fun to use, and even allow for collaboration. Kinectify was created by practitioners like yourself. It is intuitive and powerful. Instead of wasting your energy on administrative tasks and making informed decisions, your energy will be used to make smart decisions and take action. You will feel confident knowing each customer and vendor, and you can strengthen this knowledge by providing clear documentation during audits and exams. Knowing each customer will allow you to minimize risks and maximize efficiency. Kinectify is a modern risk-management tool that was developed by AML practitioners. Kinectify was born out of high-risk sectors and brings together the best minds from AML and tech to revolutionize your capabilities.

Sedicii has developed a solution that allows citizens to verify one or more aspects of their identity against one (or more) identity providers (IdPs). IdPs can either be authoritative or corroborative. Sedicii developed KYCexpert, a cloud-based solution that allows organisations to onboard individual and corporate clients. Banks can now collaborate to jointly compute sophisticated risk assessment algorithms in the context of AML transaction monitoring processes. This is possible without having to actually share the information. Sedicii has created KYCexpert, a cloud-based solution that allows organisations to onboard individual and corporate clients.

Universal end-to-end platform that covers all customer journeys - now and in the future. Modular Design - This allows you to choose the solution that suits your needs best. Future Proof - Our platform will continue to evolve to meet the needs of our clients. SignD Q Platform is flexible enough to meet your business's unique needs and risks. It also provides the right combination of services to satisfy your security and convenience requirements. It allows you to get to know your customers and serve them better. It allows you to automatically onboard and evaluate your business partners in minutes, not days. Allows you to access the power of 550,000,000 EU bank accounts for payments or account information services. Digitally sign contracts with clients with just a click using a legally binding and verified signature.

You can create great customer experiences while maintaining compliance. You can combat fraud and increase conversion with regulatory compliance technology. This technology allows you to monitor client onboarding and KYC requirements, AML fraud prevention and detection, and allows you to track client onboarding. Get your business compliant. You can do it faster. A scalable client onboarding process reduces fraud, strengthens customer confidence, and facilitates smoother, faster customer acquisition. You can have shorter tech deployment times. You can reduce the stress on your tech resources. Also, you will have access to fraud and risk experts who are thought leaders on compliance and digital onboarding strategies. Keep up-to-date with the latest and greatest compliance tech. You can easily and quickly integrate new and innovative technologies without the hassle of a large build.

SysperTec Group assists banks, financial institutions, and more generally any company with the implementation of customer knowledge tools. Finance professionals can automate their rating process by having quick access to valuable information and the ability to evaluate their counterparts. This allows them to make better decisions and optimize their decision-making. Synapse is modular and can be integrated into existing business architectures. Synapse is driven by an agile and dynamic team that values the satisfaction of over 140 clients. Synapse can understand all projects, no matter how complex or simple. Synapse is the best solution to managing multiple data sources. It centralizes data supply via one standardized flow, which technical experts consider trivializing the data source, allowing for more efficient processing.