ComplyAdvantage

ComplyAdvantage is an AI-powered fraud and Anti-Money Laundering (AML) risk detection solution that helps to reduce the burden of compliance work and false positives. The platform automates manual, labor-intensive processes, resulting in a 70% reduction in false-positive hit rates and onboarding cycle times.

ComplyAdvantage's platform detects fraud and suspicious transactions in real-time, ensuring minimal disruption to customers. It can spot transactions from suspicious countries, currencies and behavior patterns, as well as those from new accounts. The solution also monitors hundreds of known typologies and trends in customer transactions to identify suspicious behavior.

ComplyAdvantage's key benefits include:

• Better Compliance Efficiency: Automate manual labor and reduce false positives by up to 70%.
• Real-time Transaction Monitoring: Detect and prevent fraud in real-time.
• Calibrated Risk Approach: Combine risk data, intuitive case management and smart matching to tailor AML screening and monitoring to your business needs.
• Better Security: Aligns with FATF recommendations, offers industry-leading API integration and uptime.
• Scalability: Supports digital infrastructure and cloud application services to support growing businesses.

ComplyAdvantage offers a range of pricing options, including a Starter Plan starting at $99 (excluding local taxes), which includes screening and monitoring for up to 1000 customers. A Premium Plan is also available for larger businesses, with custom pricing.

ComplyAdvantage is trusted by over 1000 leading businesses worldwide, who have seen the value of reducing onboarding cycle times and improving screening efficiency. The platform is designed to help financial institutions manage client, reputational and regulatory risk, while also driving growth and compliance.

Published on July 9, 2024