2024+監(jiān)管科技100強(qiáng)-英

Pro?lesofthe

REGTECH100,theworld’smostinnovativeRegTechcompaniesthateveryleaderintheregulatoryindustryneedstoknowaboutin2024Join

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NOWwww.AMLTechForumUSA.comTheREGTECH100

isanannuallistof100oftheworld’smostinnovativeRegTechcompaniesselectedbyapanelofindustryexpertsandanalysts.Thesearethecompaniesevery?nancialinstitutionneedstoknowaboutastheyconsideranddeveloptheirmissioncriticalRegTechanddigitaltransformationstrategies.There’splentyofinterestandhypeaboutRegTechinthemarketplace,butmuchofitissuper?cial,incoherentorself-servingandfailstheneedsofdecision-makersinincumbent?nancialinstitutionswhorequireindependent,facts,?guresandanalysis.TheREGTECH100

listwillhelpseniormanagementandcomplianceprofessionalsevaluatewhichdigitalsolutionshavemarketpotentialandaremostlikelytosucceedandhavealastingimpactontheindustry.CRITERIAArangeoffactorswasconsideredbytheAdvisoryBoardandRegTechAnalystteamtomakethe?nalselectionincluding:?

Industrysigni?canceoftheproblembeingsolved;?

Growth,intermsofcapitalraised,revenue,customertraction;?

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Howimportantisitfor?nancialinstitutionstoknowaboutthecompany?PROCESSRESEARCHREGTECHUNIVERSECONDUCTINTERVIEWS&

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customerexperienceImprovedriskmitigationandregulatorycomplianceMaximizedoperationale?cienciesencompassEncompass-CorporationNewYork

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Belgrade6REGTECH100Pro?lesFounded:2019Employees:51-100Regulation/Legislation:Wecoverawiderangeofglobalframeworksandregulations>moreinfohereSubsectors:Cybersecurity/InformationSecurity,RiskManagement,Reporting,ComplianceManagementRegionsofoperations:APAC,UnitedStates,UnitedKingdom6clicksisanAI-poweredGovernance,Risk,andCompliance(GRC)B2BSaaSplatformthatempowersbusinessesandadvisorstomanageriskandcompliancee?ortlessly.Theplatformo?erscomprehensivecapabilitiesforriskmanagement,enablingteamstoe?cientlynavigaterisklifecycles,fromidenti?cationandassessmenttomitigationandreporting.Itsvendorriskmanagementmodulefacilitatesstreamlinedassessmentprocessesacrosssupplychains,whiletheregulatorycomplianceautomationensuresobligationsadherenceandinternalcontrolsmanagement.Inaddition,6clicksfacilitatescybersecurityauditscheduling,internalauditlifecyclemanagement,andcustomreportingandanalytics.The6clicksuniqueHub&Spokearchitecturefosterse?ectivecollaborationamongdistributedteams,andtheAIengine,Hailey,enhancestheexperiencewithintelligentinsightsandautomation.Theplatform’scontentlibraryo?ersaccesstoavarietyofstandards,controlsets,templates,andplaybooks.FoundedinMelbourne,6clicksnowalsohaso?cesintheUSandUKandhasbeenchosenbyhundredsofcustomersworldwide.Founded:2002Employees:1,001-5,000Regulation/Legislation:MiFID,MiFIDII,KYC,AML,AIFMD,SFTR,EMIR,MiFIR,MAR,SECRule206(4)-7and38a-1Subsectors:OnboardingVeri?cation(AML/KYC/CDD),CommunicationsMonitoring,TransactionMonitoring,Cybersecurity/InformationSecurity,RiskManagement,Reporting,ComplianceManagementRegionsofoperations:UnitedKingdom,Europe,UnitedStatesACAGroupistheleadinggovernance,risk,andcompliance(GRC)advisorin?nancialservices.Thecompany’sinnovativeapproachintegratesadvisory,managedservices,distributionsolutions,andanalyticswithitsComplianceAlpha?regulatorytechnologyplatformwiththespecialisedexpertiseofformerregulatorsandpractitionersandadeepunderstandingoftheglobalregulatorylandscape.ACA’sComplianceAlphaistheaward-winningregulatorytechnologyplatformtransformingriskandcompliancemanagementforover1,000leading?nancialservices?rmsworldwide.Bybringingtogethercomplianceactivities,surveillance,testing,andanalyticsinoneplatform,ComplianceAlphaprovidesCCO’swithauni?edviewofrisksandbehaviouracrosstheir?rm.Founded:2021Employees:1-10Regulation/Legislation:EUAIActSubsectors:RiskManagement,Reporting,AISystemRiskManagementRegionsofoperations:EMEA,APAC,LATAM,NAAIandPartnersB.V.isatrustedadvisorforEUAIActCompliance.AI&PartnersspecializesinprovidingcomprehensiveandtailoredsolutionsforcompaniessubjecttotheEUAIAct.TheyguideorganizationsthroughtheintricaciesofregulatoryrequirementsandenableresponsibleandaccountableAIpractices.Theirteamofseasonedexpertscombinesin-depthknowledgeofAIsystemstodeliverstrategicguidanceandpracticalsolutionsthatalignwithclientsneeds.AI&Partnershascompleteda1stPoCwithanAIindustryteamatCMSUKinQ42023(witha2ndPoCalreadyunderwaywithCMSUKand2021.AI).CMSisaninternationallaw?rmwithmorethan70o?cesinover40countriesand5,000+lawyersworldwide.CMSo?ersdeeplocalmarketunderstandingwithaglobalperspective.To?ndouthowAI&Partners’works,emailcontact@orvisit.?2024FinTech

GlobalandInvestorNetworksLtdREGION:GLOBAL

|SECTOR:REGTECHCOMPANYRESEARCHPROFILEFounded2015KEYEMPLOYEES:Immenstaad,GermanyHansJürgenRiederCEOinfo@ThomasMeyerEmployees101-250Regionsofoperation:EMEA,ASIAPACIFIC,AMERICASGeneralManagerandChiefRevenueO?cerPRODUCTNAME:ACTICOComplianceSolutionsThomasKn?p?erGeneralManagerandChiefPortfolio&ProjectO?cerValueChain:OnboardingVeri?cation(AML/KYC/CDD),TransactionMonitoring,RiskManagement,Reporting,Identi?cation/Backgroundchecks,Anti-MoneyLaundering,SanctionsLists,AdverseMediaandPEPscreening,PaymentScreeningincl.InstantPayments,MarketAbuseandInsiderTradingDetection,CreditDecisionAutomation,CreditRiskManagementSubsectors:Onboarding,Monitoring,Detection,Reporting,Processing&ControlRegulation/Legislation:MiFIDII,BaselIII,KYC,GDPR,EUAntiMoneyLaunderingDirective,MADII,MAROFFERINGPROBLEM

BEING

SOLVEDTECHNOLOGYACTICOprovidessoftwareforintelligentautomationanddigitaldecisioning.Thesoftwareandtoolsusedacrossmultipleindustriesenhanceday-to-daydecisionmakingandend-to-endautomation.TheheartofallapplicationsistheACTICOPlatform.Itisatechnologyfordigitalizingandautomatinghigh-volume,operationalbusinessdecisions.Ithelpsorganizationscapturedecision-makinglogic,trainandoperationalizemachinelearningmodels,andapplyautomateddecisionmakingtoanyapplicationscenario.Usedtomanagerisks,ful?lregulatorycomplianceobligations,preventfraud,enhancedigitalcustomerengagement,andMoreregulations,scarcesta?resourcesandrisingdatavolumearethemainfocusforcompliancedepartmentsin?nancial?rmsandinsurancecompanies.Thus,automationandtheuseofAI-basedtechnologiessuchasmachinelearningisbecomingincreasinglyimportant.ACTICOenablescompaniestoimplementagileservicesandapplicationstoautomatedecisionsorimprovehumandecisionmaking.Thus,?nancialservicesprovidersandinsurancecompaniescanmanagedigitaltransformationviatechnologythathelpsthemadaptregulatoryAllACTICOsolutionsarebasedontheACTICOPlatform.Itconsistsofcomponentsthatsupportbusinessdomainexperts,datascientistsandITprofessionals.BusinessdomainexpertsusetheACTICOModelertoauthordecisionmodelsgraphicallyandtestthemforqualityassurance.DatascientistsuseACTICOMachineLearningtotrainandvalidatemachinelearningmodels.Itintegratesmachinelearningtoimprovedecisionqualityandincreaseautomationrates.Companiescanrampupnewapplicationsandservicesandimplementchanges–

withlittleornoneedforITsupportandwithoutwaitingforthesoftwarevendor’snextITrelease.requirementsandservecustomersinrealtime.optimizeoperations,ACTICOsoftwarecombineshumanknowledgeandarti?cialintelligence.InMay2023,ForresterResearchreleasedTheForresterWave?:AIDecisioningPlatforms,Q22023andnamedACTICOa“StrongPerformer”among12other?rms.PRODUCT

DESCRIPTIONWithitsComplianceSolutions,ACTICOo?ersitsnextgensoftwarepackageforbanksandinsurancecompaniestomeetcompliancerequirementsand?ght?nancialfraud.Thesoftwareautomaticallymonitorscustomers,businessrelationships,paymentsandsecuritiesordersandtrackssuspiciouscases–allwithinasingleapplication.Banksandinsurancecompaniesbene?tfrommoreautomationofcomplianceprocesses,amodernuserinterface,andtheuseofmachinelearning.Allthisprovidesthegreatestleverageforcostreduction.Thenextgensoftwaresolutionscoverthefollowingtopics:?

Anti-MoneyLaundering-Monitortransactionsformoneylaundering,clarifyabnormaltransactions,classifycustomerrisk?

KnowYourCustomer(KYC)-AutomatetheKnowYourCustomerprocess,continuouslyupdateKnowYourCustomerpro?les,integratecompliancechecksintoclientonboarding?

CustomerScreening-Screenforsanctions,embargoes,PEPstatusandotherrisks,Initialscreeningofpotentialnewcustomers,regularscreeningofthecustomerbaseThisdocumentisbeingprovidedforinformationpurposesonly.Itisnotdesignedtobetakenasadviceorarecommendationforanyspeci?cinvestmentorstrategydecisions.?2024FinTech

GlobalandInvestorNetworksLtdREGION:GLOBAL

|SECTOR:REGTECH?

TransactionMonitoring

-Checkpayments/instantpaymentstopreventmoneylaunderingandterrorist?nancing,screenforembargoes,sanctionsandmore,carryoutreal-timechecksofpaymentsbeforeposting?

MarketAbuse&InsiderTradingDetection-Monitorformarketmanipulation,insidertradingandtraderestrictions,manageinsiderlists,watchlistsandrestrictedlists,clarifyconspicuoussecuritiesordersBanksandinsurancecompaniesuseACTICOsoftwareforintelligentautomationanddigitaldecisioningforvarioustasks.ACTICOcustomersusingtheComplianceSolutionsbene?tfromamodularpackagethathelpsthemcomplywithregulatoryrequirementsmoree?ciently.ItconsistsofbusinesssolutionssuchasAML/KYC,Sanctionslist,PEPandAdversemediascreening,paymentscreeningforstandardSEPApaymentsandinstantpayments.Italsoo?ersamoduleforcapitalmarketcompliancetodetectandpreventinsidertradingandmarketabuse.Allsoftwaremodulesbelongtoonesingleapplication.Theydisplayandprocessallsuspiciousactivities(hits)inacentralworklist.Thisisanadvantageforuserssincetheydonothavetoworkinvariousapplications.TheComplianceSolutionscomewithbasiccustomizablebusinessscenarios,e.g.,rulestodetectmoneylaunderingin?nancialtransactions.Ontopofthis,thesolutionso?erscopetocreateindividualscenariosandalgorithmsneededbybanksandinsurancecompanies.Thesolutionsareaudit-proof.Reportscanbedrawnontheprocessedcases.Thismakestheprocessestransparent,reducesthee?ortrequiredandallowsdetailedquestionstobeansweredprecisely.Thesoftware’sgraphicmodelingapproachprovidesatransparentpresentationofregulations.Regardingthethresholdvaluesanddecisionlogic,itispossibletomapanycomplexityandpresentitinastructuredandcomprehensiblemannerforthebusinessuser.ThisiswhatcustomerssayaboutACTICO:“Rightoutofthebox,thenumerouscon?gurationparametersincludedinACTICOallowustoimplementnewrequirementsfaster,eliminatingtheneedforextensivecustomization”,saysDr.MichaelSendker,HeadoftheComplianceDigitizationProjectatHamburgCommercialBank,Germany.PARTNERSHIPSAWSPartnerNetwork(Cloudsolutionspartner):TheAWSPartnerNetwork(APN)isaglobaluserprogramofAmazonWebServices,theleadinginternationalcloudcomputingprovider.SuccessfulAWS-basedbusinessesaresupportedbybusinessandtechnicalassistanceandsalesandmarketingsupport.Avaloqisanindustry-leadingproviderofwealthmanagementtechnologyandservicesfor?nancialinstitutionsaroundtheworld,includingprivatebanksandwealthmanagers,investmentmanagers,aswellasretailandneobanks.MartinGreweldinger,Co-CEOatAvaloq,said:“TheexpansionofourpartnershipwithACTICOillustratestheimportanceAvaloqattachestothebasicprincipleofanopenplatformarchitecture.Itenablesustoquicklyaddinnovativeexternalsolutionstoourowncomprehensiverangeofproductsandservicestoprovideourbankingclientswiththebestpossibleo?eringatalltimes.”RMA:TheRiskManagementAssociation:RMAisanot-for-pro?t,member-drivenprofessionalassociationservingthe?nancialservicesindustry.ACTICOandRMAhavejoinedforcestoo?eramarket-leadingdualriskratingsystemavailableinthecloud.ScopeRatings:ACTICOandScopejoinedforcestoexpandtheACTICOCreditRiskPlatformthroughtheintegrationoftheindustry-leadingScopeCreditScorecards.LeveragingtheratingmethodologiesandtoolsavailablewithinScopeRatingsandtheorganization’sextensivecreditexpertise,theScopeCreditScorecardscoveravarietyofmarketsegments,includingCorporates,ProjectFinance,Banks,andSovereigns.TRACTION/GROWTH?

ACTICO’stechnologyisusedbycompaniesonalmosteverycontinent,rangingfromsmall/mid-size?rmstoFortune500companies,includingVWFinancialServices,BancaAideXa,HamburgCommercialBank,Santander,SwissLife,BayernLB,apoBank,ING,KfW,LGT,VPBankGroup,Maybank,UBSHongkong?

InMay2023,ForresterResearchreleasedTheForresterWave?:AIDecisioningPlatforms,Q22023andnamedACTICOa“StrongPerformer”among12other?rms.Thereportwentontostatethat“ACTICOhasstrengthsindecisionlogicauthoringtools,explainability,applicationdevelopmenttools,solutionaccelerators,andsecurity.”Further,ForrestercallsACTICOPlatformagood?t“forcustomersthatarelookingtoimplementoneofACTICO’ssolutionaccelerators,especiallyfororganizationsinhighlyregulatedindustries.”MANAGEMENT

BIOAsCEO,HansJürgenRiedersupportsACTICO’sprogressasaworld-classsolutionprovidermeetingtheneedsofglobalbanks,insurers,and?nancialserviceproviders.Hecombinesmanagerialexpertise,apassionfortechnology,andanimpressiverangeof?nanceexperience,havingworkedatSociétéGénéraleandadvisedatPwC.HealsoheldleadingpositionsatSAPAGforseveralyears,includingthepostofSeniorVicePresidentofGlobalIT–ApplicationServices.Similarly,hisnominationasVicePresidentofGroupHeadApplicationsatABBLtd.includedoverseeingallglobalapplications.HansJürgenRiederservedasGroupCTOatUBSAGbeforesteppingintothepositionofCEOatACTICOinJanuary2020.Thisdocumentisbeingprovidedforinformationpurposesonly.Itisnotdesignedtobetakenasadviceorarecommendationforanyspeci?cinvestmentorstrategydecisions.?2024FinTech

GlobalandInvestorNetworksLtdREGTECH100Pro?lesWhat

is

driving

banks

and

insurers

to

bemore

compliant?In

the

intricate

world

of

?nancial

services,

the

concept

of

complianceguards

against

the

tide

of

risks,

regulations,

and

dynamic

marketlandscapes.

For

banks

and

insurers,

navigating

these

tumultuous

seasis

pivotal

in

ensuring

operational

integrity,

maintaining

customer

trust,and

adhering

to

the

ever-evolving

regulatory

standards.

Thomas

Suchy,Head

of

Product

Management

at

ACTICO,

examines

the

drivers

forbanks

and

insurers

in

the

compliance

space.per

annum,

which

works

out

at

around

￡194mper

bank.

Theseremarkable,

jaw-dropping

?gures

are

pushing

organisationstoadoptmore

e?ective

compliance

software,

as

cashismoreoftenthan

notking.Cost

saving

strategies

in

complianceFor

banks

and

insurers,

the

pushtosave

costs

and

balance

the

booksisno

di?erenttoany

other

company

up

and

down

thehighstreet.These

?nancialinstitutionsare

alwayslookingto

trim

thefatontheirtreasure

trove

of

funds,

streamliningtheiroperations

andbetteringtheiroverall

product.The

compliance

sector

has

beenoutlinedasa

major

opportunitytodo

so,witha

wave

of

newinnovativetechnology

being

broughtintothe

sector.

At

the

pinnacle

of

that,

the

automation

of

processes

hasfounditswayintothelimelightas

?rm’s

looktocut

costs.

ThomasSuchy,

Head

of

Product

Management

at

ACTICO,

explains

howorganisations

canutilisethe

automation

of

compliance

processestocut

costs.

He

said,

“There

area

couple

of

keyfactorsthatdrivethereduction

of

compliance

costs.

Among

themaredigitalisationandautomation

of

the

processes.

The

targetistoincrease

e?ectivenessby

reducing

manual

work

of

compliance

teams

whenclarifyingsuspicious

cases

andlimitinghumanerror.”Thisprincipleoflimitingthe

prospect

of

human

errorisone

thathas

been

perpetuatedinmainstreammedia

too.

The

FinancialTimes

reported

that

global

?nesforfailingtoprevent

moneylaundering

and

other

forms

of

FinCrime

more

than

doubledin2022,reinforcingthe

needformore

capable

compliance

software.Amidst

an

intricateweb

of

?nancial

protocols

and

regulatoryframeworks,

institutions

?nd

themselves

constantly

adaptingto

alandscape

shapedbymultifaceted

challengesin

relation

to

compliance.The

demands

imposed

by

stringent

regulations,

the

accelerating

paceof

technological

advancements,

and

the

perpetual

need

for

securitycreate

a

labyrinth

that

banks

and

insurers

must

navigate.For

banks

and

insurers,craftinga

uniform

software

which

can

bepliableandversatileisa

remarkable

opportunityforinsurers.

Thisstandardisation

addstothe

system’s

e?ciency,

enablingrapidadaptationto

itsvulnerabilities.Thiswillin

turnreduce

costs

byminimising

complex

maintenance

and

customisations.At

the

heart

of

these

di?culties

are

governing

bodies

such

as

theAMLA

EU,alsoknown

as

the

Anti-Money

Laundering

Authority

ofthe

European

Union

whichwillbecomefullyoperationalin2026or

the

German

?nancial

watchdog

BaFin,

as

well

as

the

PrudentialRegulation

Authority

(PRA)

and

the

Financial

Conduct

Authority(FCA).Theyallset

out

remarkablyintricateregulatory

landscapes

which

aredesignedto

tripup

banks,

insurers,

and

other

?nancialinstitutionsifthey

are

not

on

top

oftheirgame.This

proactive

approach

enhancesagilityand

competitivenessin

adynamic

?nancial

landscape,fosteringresilienceagainstevolvingtechnology

challenges,

as

Suchy

explains.

“Anotherdecisivefactorforcost

savingsliesinusinghighlystandardised

software.

This

helpsbanks

and

insurersto

easilyrollout

software

updates

and

ensureafastreactionto

securityissues.Moreover,

these

bureaus

are

not

the

only

onessettingthe

regulatorystandard,

there

are

numerous

up

and

down

the

UK

and

widera?eld

across

the

globe.

Caseinpoint,

the

Federal

CommunicationsCommission(FCC),who

accordingtoresearchfrom

The

True

Costof

Compliance,

managedtocost

UK

?nancialinstitutions￡34.2bn?2024FinTech

GlobalandInvestorNetworksLtdREGTECH100Pro?les“Flexibilityisthekeytosuccess.The?nancialandinsuranceindustryissubjecttocomplexregulations.Theyoftenchangeasnewthreatsemerge.Thisiswhybanksandinsurersinvestinsoftwarethato?ersthemmaximum?exibilitytochangeprocessesthemselveswithouthavingtowaitfornewreleasesoftheirsoftwarevendor,”headded.itwithexpertrulesrootedinpreciseregulatoryparameters.Banksemploytheseexpertrulestoautomatecompliancecriteria,enablingthesoftwaretonavigateclear-cutsituationse?ectively.Thesynergybetweenmachinelearningandexpertsorchestratesa

harmoniouscomplianceframework-wheremachinelearningaddressesambiguousscenariosandexpertrulesnavigateclearlyde?nedparameters—culminatingina

comprehensiveande?cientcompliancestrategy,asSuchyexplains.Enhancing

e?ectiveness:

Machine

learningand

AI?“Machinelearningisparticularlygoodatidentifyingsuspiciouspatternsandtransactionswhentheparametersareunclear.Butitcan’tsolveeveryproblem.That’swhyithastobesupplementedwithexpertrulesthatsetpreciseparametersbasedonregulatoryrequirements.Thebanks’expertsde?netheirbusinessrules,suchascertaincompliancecriteria,andthesearethenautomatedviasoftware.Thesetwoapproachesgohand-in-glove:machinelearningwhentheparametersarevague,andexpertrulesinclear-cutsituations,”hesaid.Asmentionedearlier,intherealmofcompliance,?exibilityisthecornerstoneofsuccess.Inthismodernworld,theintegrationofdynamicsoftwaresolutionsintobanksandinsurersisnowa

pivotalaspect.Moreover,theabilitytoswiftlymodifyprocessesinresponsetoshiftingregulatorydemands,withoutbeingreliantonexternalsoftwareupdates,hasbecomeimperative.How

ACTICO

is

optimising

complianceprocessesInnovativeRegTech?rmACTICO,standsamongseveralcompliancecompaniesaimingtorevolutionisethelandscapeforbanksandinsurers.Asbanksandinsurersaredrivenbytheshiftingmarketconditions,propellingthemtowardpartneringwithcompanieswhohaveo?eringsdesignedtomeettheever-involvingchallengesofthecompliancelandscape.ACTICO

has

made

signi?cantinvestments

in

developingthe

‘Next

Generation

ACTICOCompliance

Solutions’.Inrecentyears,the?rmhasputserioustimeandcapitalintoadvancingtheirowno?ering,preparinga

relativelyspace-agecompliancesolutionthatistailoredtotheneedsofthemodern?nancialinstitutionafterdeeplyanalysingthepainpointsofthesector’sincumbent.Technologies,ledbyinnovativeplayerslikeACTICO,empowertheseinstitutionstotailorandtweaktheircompliancestrategiestoadheretostringentregulationswhilemaintainingoperationalagility,withacleardrivetobettertheircomplianceprotocols,downtothepressurethata

technologicalrevolutionnaturallycauses.Challengessuchasa

limitedbudget,thestruggleto?ndexperiencedcomplianceprofessionals,andthenecessitytoimplementadvancedtechnologies,includingAIwereobservedbySuchyasareaswheredi?cultieswereencountered,withACTICObuildingtheirproject,withaddressingtheseneedsinmind.Suchystated,“Sta?shortagesincompliancedepartmentsandrisingcostsarerampingupthepressureonbanksandinsurers.Onesteptheycantakeistoreducefalsepositives,alsoknownasfalsealarms.”Leveragingtheseadvancementsbecomesvitalas?nancialentitiesstrivetobalancecompliancewithoperationalagility.InthewordsofSuchy,“ACTICOhasmadesigni?cantinvestmentsindevelopingthe‘NextGenerationACTICOComplianceSolutions’.Theyrepresenta

modularpackageofsolutions,forAML,customerscreening,andpaymentscreening.Theycomewitha

setofbasicscenarios,aswellasscopetocreatenewscenariosandalgorithms.Thenewsoftwaresolutionsaddresspainpointsofthe?nancialandinsuranceindustrysuchascoste?ciency,aswellastheneedforfuture-proofsoftwarebasedonthelatesttechnologies,AIreadiness,cloud-?rstapproach.”Withthisinmind,machinelearningandarti?cialintelligence(AI)haveemergedastransformationalforces,revolutionisingcompliancee?cacywithintheseinstitutions.Suchyagreed,explainingitsbene?tsforinsurersandbanks,“Machinelearning–

a

componentofarti?cialintelligence–

analysespotentialfraud,forexamplemoneylaunderingcasesbasedondataknowledge.ThisachievementhasseentheACTICOpositionitselfastheperfectpartnerforbanks,insurers,andother?nancialinstitutionswhoaredesperatelyinneedofa

modernisedande?ectivesuiteofcompliancesolutions.Whetherit’sAML,KYC,corebanking,customerscreening,paymentscreeningorevencapitalmarketcompliance,theGermanRegTechhasyoucoveredviaitsvastproduct.“Supplementedbytheknowledgeandexperienceofcompliancesta?inthespeci?carea,itispossibletoidentifyanomalieswithgreaterspeedande?ciency.Asa

result,hugedatavolumescanbeanalysedmoree?ciently,suspiciouspatternsdetectedmoreeasily,andpotentialrisksidenti?edatanearlystage.Inpractice,banksareshrinkingtheirworkloadby50%,forexampleinpaymentscreening.”Suchyre-emphasisedthestrengthofhisproductin

thisarea,stating,“Banksandinsurancecompaniesarenowwell-preparedforthefuturewiththesestate-of-the-arttechnologicalstandards.ThecompliancedepartmentandITwillachievesustainableimprovementsin

coste?ciency,userguidance,andoveralloperations.”Theessenceofmachinelearningliesinitsabilityto