Ongoing Monitoring
Continuously track changes to customers and companies to alert to any changes in risk status.
Executive Summary
ComplyAdvantage's Ongoing Monitoring solution provides continuous tracking of customers and companies to detect and alert to changes in their risk status. Leveraging AI, it automates the process of identifying emerging risks related to financial crime, such as money laundering and fraud. This proactive approach helps organizations maintain compliance and mitigate potential threats by ensuring that risk profiles are always up-to-date. The platform integrates with other ComplyAdvantage solutions like Transaction Monitoring, Payment Screening, and Financial Crime Risk Intelligence. It utilizes a comprehensive set of data, including sanctions, watchlists, PEPs, RCAs, and adverse media, to provide a holistic view of risk. By automating labor-intensive processes and minimizing false positives, Ongoing Monitoring enhances the efficiency and effectiveness of compliance operations, allowing firms to focus on critical alerts.
Use Cases
- Continuously track customer risk profiles for AML compliance.
- Monitor companies for changes in sanctions, PEPs, or adverse media status.
- Automate alerts for emerging financial crime risks.
- Enhance due diligence processes by providing real-time risk updates.
- Integrate with transaction monitoring to provide a holistic view of customer risk.
Features
Intelligence
- AI-driven Risk Detection: Leverages advanced AI to identify subtle patterns and anomalies indicative of financial crime risk.
- Comprehensive Risk Intelligence: Integrates global sanctions, watchlists, PEPs, RCAs, and adverse media data for holistic risk assessment.
Technical Specifications
- Architecture
- Cloud-native, leveraging the ComplyAdvantage Mesh platform for AML risk intelligence and processing.
- Deployment
- SaaS
- API Available
- Yes
AI/ML Stack
- Machine Learning
- Artificial Intelligence
- Agentic AI
Pricing
- Model
- Custom pricing based on usage/features
- Starting Price
- Contact sales
- Target Customer
- Mid-Market,Enterprise
About ComplyAdvantage Ltd
ComplyAdvantage is a SaaS-based risk intelligence platform that leverages AI to combat financial crime, including anti-money laundering (AML) and fraud detection. It provides solutions for identifying sanctions, politically exposed persons (PEPs), and adverse media risks, supporting ongoing monitoring and investigations to enhance compliance and reduce false positives. The company's mission is to empower businesses to eliminate financial crime through a unified platform and extensive partner ecosystem.