Napier unveils new financial crime risk management SaaS platform

By Nikita Chaurasia  | Date: 2022-10-26

Napier unveils new financial crime risk management SaaS platform

Renowned end-to-end intelligent compliance technology provider, Napier has recently unveiled a new innovative financial crime risk management platform, Napier Continuum.

Apparently, this platform will offer a high level of automation and enhance the efficiency and accuracy of financial crime compliance programs in regulated organizations of all maturity levels.

It has been reported that Napier is constantly reinventing its FCRM (financial crime risk management) technology by leveraging Napier Continuum, a highly scalable and flexible platform.

It is likely to be the first ever end-to-end AI-enhanced platform built purposely for modern financial markets by adjusting the current risk operations whilst scaling seamlessly as organizations manage new and unknown future risks.

With advanced AI and automation integrated throughout, underpinned by low-code/no-code rules and sandbox environments, the platform enables organizations to respond to the rising threats and regulations with faster decision-making and enhanced accuracy in investigations.

For the unversed, Napier Continuum, grounded on next-gen technologies, offers a holistic and dynamic view of financial crime risks whilst augmenting operational efficiencies and declining the total cost of ownership.

Continuum allows access to the complete suite of financial crime compliance products from Napier, including (p)CRA (Perpetual Client Risk Assessment), Transaction Monitoring, Screening and Risk Assessment tools, with full STP to third-party and proprietary applications such as KYC, AML, Fraud, and CRM systems.

Will Monk, Chief Product Officer of Napier, mentioned that the firm is identifying the obstacles financial institutions face while streamlining the financial crime compliance operations.

Thus, the firm has invested in a unifying AI-driven solution with extraordinary levels of automation to spot suspicious behavior more efficiently and back oversight of compliance risk during the complete customer lifecycle.

Moreover, the flexibility offered by Napier Continuum is exclusive to the industry. It does not require ripping and replacing existing solutions. Therefore, customers can opt to deploy Napier Continuum as a point solution, an end-to-end platform, or as an aggregation layer to support existing systems.

For the record, Napier Continuum can also be installed in any cloud environment as a fully managed SaaS or on-premises as per the client’s specifications.

Source credit - https://www.businesswire.com/news/home/20221025005956/en/Napier-Introduces-Advanced-Financial-Crime-Risk-Management-Platform-Napier-Continuum

About Author

Nikita Chaurasia     aeresearch.net

Nikita Chaurasia

An accomplished professional in the field of content development, playing with words comes naturally to Nikita Chaurasia. After completing her post-graduate MBA degree in Advertising and PR, Nikita worked across numerous content-driven verticals, undertaking diverse r...

Read More >>

More News By Nikita Chaurasia

Tata Tele Business Services to offer Microsoft Azure to Indian SMBs

Tata Tele Business Services to offer Microsoft Azure to Indian SMBs

By Nikita Chaurasia

Telecommunications service provider, TTBS (Tata Tele Business Services) has reportedly announced that it would help Indian SMBs (small and medium businesses) migrate their workloads to the cloud by providing Microsoft Azure (cloud computing services)...

Tatas in plans to acquire Bisleri in a deal worth USD 856 million

Tatas in plans to acquire Bisleri in a deal worth USD 856 million

By Nikita Chaurasia

India's fast-moving consumer goods company, Tata Consumer Products Ltd is reportedly all set to acquire drink company, Bisleri International in a deal worth USD 856 million (₹7000 crores), reported the packaged water makers chairman, Ramesh...

Ukio raises $28M to offer comfort to working professionals across Europe

Ukio raises $28M to offer comfort to working professionals across Europe

By Nikita Chaurasia

Ukio, an apartment rental agency in Barcelona, Spain, has reportedly raised $28 million (€27 million) in a Series A round of funding. Apparently, the cash injection consists of over $17.5 million (€17 million) in equity and more than $10...

Amazon’s AWS unveils 2nd infrastructure region in Hyderabad, India

Amazon’s AWS unveils 2nd infrastructure region in Hyderabad, India

By Nikita Chaurasia

IT service management company, Amazon Web Services, Inc. (AWS), has recently announced the unveiling of another leading AWS infrastructure region in India, the AWS Asia Pacific (Hyderabad) Region. Starting this week, the startups, developers, ente...

Beijing reports increase in COVID-19 cases after first death in six months

Beijing reports increase in COVID-19 cases after first death in six months

By Nikita Chaurasia

World's most populous country, China has recently reported the fatalities of three people in Beijing as the first fatalities from coronavirus in the last six months, with the rise in recorded new cases despite following the strictest zero-COVID p...