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Napier Launches Two New Service Offerings for Enhanced AML Compliance

Napier, the London-based global financial crime compliance regtech, has served up new solutions with advanced analytics and intelligent automation embedded into their configuration.

Napier Continuum Live and Napier Continuum Flow were created in response to fintechs in the banking and payments sectors seeking to integrate intelligence into their technology stacks for enhanced screening and monitoring capabilities.

Continuum Live

This plug-and-play hosted offering brings the benefits of the Napier Continuum platform to organisations looking to go live and achieve regulatory compliance as quickly as possible.

It includes licensing, hosting and professional services fees consolidated into a single contract, bundled data for client screening, out-of-the-box AI models, predefined implementation configuration packages for a seamless go-live experience, and rules and typologies libraries tailored to customer sectors such as banking, payments, as well as wealth and asset management.

Greg Watson, CEO at Napier, said: “Historically, teams or organisations looking for a quick and proven path to modern, AI-driven financial crime compliance had to sacrifice functionality for speed. But with Napier Continuum Live, they are getting the full, feature-rich platform pre-configured to their needs. It’s a complete combination of our product and market expertise.”

Continuum Flow

A headless API service designed for organisations looking to leverage AI-powered financial crime compliance intelligence into their existing infrastructure. With Napier Continuum Flow, organisations can route alerts from Napier’s next generation, AI-driven screening as well as monitoring engines into their existing workflow for case management.

Customers gain the improved detection rates and reduced false positives from Napier Continuum, as well as the explainable and auditable AI insights, all in their existing workflow for a fast Return on Investment (ROI) and lower Total Cost of Ownership (TCO).

“We have seen an increasing number of digital-first customers in banking and payments looking to flow the intelligence Napier can provide around screening and monitoring into their own technology stacks,” Watson. also added. “It is a real stamp of approval that many fintechs who pride themselves on their self-built platforms for their main value proposition, choose to partner with Napier for their compliance strategies.”

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