Napier, the London-based global financial crime compliance RegTech, is excited to unveil two new service offerings for its award-winning Anti Money Laundering (AML) platform, Napier Continuum.
The offerings, Napier Continuum Live and Napier Continuum Flow, are set to enable Napier to help financial institutions transform their AML solutions with a compliance-first focus.
The introduction of these service lines is driven by the growing need for advanced solutions to combat financial crime effectively.
With regulatory requirements becoming increasingly stringent, financial institutions are seeking comprehensive tools to streamline their AML compliance processes.
Napier Continuum Live is a plug-and-play hosted offering designed to accelerate the achievement of regulatory compliance for organisations.
This service encompasses licensing, hosting, and professional services fees in a single contract, along with bundled data for client screening and out-of-the-box Artificial Intelligence (AI) models. Tailored rules and typologies libraries, along with predefined implementation configuration packages, ensure a seamless go-live experience.
Napier specialises in delivering anti-money laundering and financial crime compliance software to banking, payments, and wealth & asset management firms.
With over 150 trusted institutions worldwide, Napier’s platform, Napier Continuum, is designed to transform compliance from a legal obligation into a competitive advantage.
“I am excited to make enterprise-grade financial crime compliance accessible to all financial institutions with the launch of Napier Continuum Live,” says Greg Watson, Chief Executive Officer at Napier. “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.
Watson continued, “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. 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.”
Chuck Subrt, Director of the Fraud & AML Practice at Datos Insights, added, “Financial crime compliance is an increasingly complex task especially as regulatory mandates continue to expand. It becomes vital that organisations without large teams or resources integrate innovative solutions. We work with financial institutions around the world and there is increasing demand for dynamic tools that have advanced analytics and intelligent automation embedded into their configuration and rules but with explainability and transparency. For financial institutions looking to transform their AML compliance technology, the new Continuum Live and Flow offerings from Napier represent a compelling option.”
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