Napier AI, a London-based RegTech specializing in financial crime compliance, has announced that Finance in Motion, a leading impact asset manager, has selected Napier AI Continuum as their AML/CTF platform. The Client Screening solution and Client Risk Assessment module within the Napier AI Continuum platform will assist Finance in Motion in their global expansion into impact investing in emerging markets, all while ensuring regulatory compliance.
The Napier AI platform offers API-enabled, cloud-native, and automated client screening with support for 22 languages, AI fuzzy matching, and secondary scoring capabilities. It provides a user-friendly interface with customizable workflows, a sandbox environment for screening configuration optimization, and configurable dashboards featuring no-code rule building and AI insights for streamlined decision-making.
Impact investing seeks to tackle global issues while generating financial returns. Through the implementation of robust AML controls with Napier AI, Finance in Motion aims to contribute to the UN's Sustainable Development Goals, specifically targeting the eradication of forced labor, modern slavery, human trafficking, and child labor.
Sylvia Wisniwski, Managing Director of Finance in Motion, stressed the importance of ensuring that capital is solely used for impact investments, underscoring the need for effective measures to prevent funds from supporting criminal activities. Greg Watson, CEO of Napier AI, highlighted the collaboration's significance in disrupting criminal networks by disrupting their financial resources through the identification of accounts, transactions, and behavioral patterns linked to financial crime.
No comments yet