Flagright

AI-native solutions for AML compliance and risk management.

Contact for Pricing

Description

Flagright provides a comprehensive, AI-native platform designed to streamline Anti-Money Laundering (AML) compliance and risk management for financial institutions globally. It offers a suite of tools including real-time transaction monitoring, automated case management, AML screening against global watchlists, and dynamic risk scoring for customers and transactions. The platform emphasizes ease of use through its no-code configurability, allowing compliance teams to set up and manage their programs without extensive technical expertise.

By centralizing operations and leveraging specialized AI agents known as AI Forensics, Flagright aims to enhance the efficiency and effectiveness of financial crime detection. It helps organizations automate risk detection, significantly reduce false positives, manage investigations collaboratively, and ensure adherence to regulatory requirements. The system is built for high performance, boasting sub-second API response times and high uptime, catering to industries like payment processors, neobanks, banks, cryptocurrency exchanges, and insurance companies.

Key Features

Transaction Monitoring: Configure rules in minutes with a custom scenario builder, predefined library, and advanced simulator.
Case Management: Centralize investigations, enable collaborative workflows, and utilize an AI co-pilot.
AML Screening: Perform reliable, instant global watchlist screening with frequent data updates and advanced matching.
Risk Scoring: Enhance compliance with dynamic, automated risk assessment using customizable algorithms.
AI Forensics: Utilize specialized AI agents to reduce false positives, augment investigations, accelerate QA, and simplify governance.
No-Code Configurability: Empower teams to configure compliance programs without technical dependency.
Centralized Operations: Unify AML tools and streamline operations on a single platform.