back Back

FullCircl and ComplyAdvantage partner to deliver AML & KYC screening

By Gloria Methri

July 04, 2023

  • AML
  • Anti-Money Laundering Solutions
  • Compliance
Share

ComplyAdvantage, FullCircl, Customer Lifecycle Intelligence, Risk ManagementFullCircl, the Customer Lifecycle Intelligence (CLI) platform, and ComplyAdvantage, the specialist in financial crime intelligence, have entered a partnership to create a superior onboarding and customer lifecycle management solution.

When companies integrate with FullCircl and ComplyAdvantage, they access a suite of advanced PEP, sanctions, adverse media, credit, and risk screening tools that provide compliance and risk capabilities.

This highly differentiated approach to anti-money laundering (AML) and risk management streamlines onboarding and monitoring workflows, reduces false positives, delivers dynamic risk assessment and mitigation, and drives significant efficiency gains across the entire customer lifecycle.

Stuart Boardman, FullCircl’s Director of Channels and Revenue Partnerships said, “This strategic partnership is a game-changing opportunity for financial institutions to maintain a competitive edge and stay ahead of potential risks in an increasingly complex and fast-paced regulatory environment.  Organisations can protect their business – and customers – from potential exposures and reputational damage with a comprehensive understanding of their risk landscape and the advanced data intelligence to make informed decisions.”

The partnership offers:

  • Global PEP and Sanctions watchlist screening (OFAC, UN HMT, EU DFAT, and more) updated continuously.
  • Real-time adverse media updates calibrated to FATF and EU Money Laundering Directive (6MLD) for AML taxonomy alignment with the latest regulatory guidance.
  • Rich, assured, and dynamic live credit and risk profiles.

Raji Soussou, VP Global Partnership & Alliances for ComplyAdvantage said, “This is a powerful partnership. FullCircl’s Customer Lifecycle Intelligence platform combined with our rich data and screening tools means financial institutions can confidently identify a broad range of relevant risks efficiently and cost-effectively for faster onboarding, efficient compliance, dynamic risk assessment, and superior customer experiences.”

Previous Article

July 04, 2023

Qover partners with Monzo to bring seamless insurance experience

Read More
Next Article

July 04, 2023

Estafsar and Al Wataniya partner to boost insurance innovation in Egypt

Read More






IBSi Daily News Analysis

June 21, 2024

AML

Industry experts react after India FIU fines Binance $2.2m, signaling tougher digital asset regulations

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

June 21, 2024

Discai and Harmoney join forces to fight financial crime

Read More

June 21, 2024

FinTech Focus: Catch latest developments of the week

Read More

June 21, 2024

Loop & J.P. Morgan Payments to boost working capital with freight payments

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023