Napier leads the way in FinCrime compliance with new Continuum offerings
Napier, a pioneer in global financial crime compliance RegTech, has expanded its offerings with two innovative solutions: Napier Continuum Live and Napier Continuum Flow.
Known for its award-winning Anti Money Laundering (AML) platform, Napier Continuum, the company is at the forefront of assisting financial institutions in revolutionising their AML strategies with a compliance-first approach.
The launch of Napier Continuum Live and Flow addresses a critical need within the financial sector for advanced, AI-driven compliance solutions that are both effective and efficient. Napier’s latest offerings are designed to make enterprise-grade financial crime compliance accessible to all financial institutions, regardless of size or resources.
Napier specialises in developing cutting-edge technology to combat financial crime. Its comprehensive AML platform, Napier Continuum, has been instrumental in helping institutions strengthen their compliance frameworks. By leveraging artificial intelligence and machine learning, Napier enhances the accuracy and efficiency of financial crime detection and prevention.
Napier Continuum Live, the plug-and-play hosted service, simplifies the process for organisations to achieve regulatory compliance swiftly. It offers an all-in-one contract that encompasses licensing, hosting, and professional services fees, alongside bundled data for client screening and out-of-the-box AI models. This service is tailored to customer sectors, providing a seamless go-live experience with predefined implementation configurations and a library of rules and typologies.
Conversely, Napier Continuum Flow is a headless API service that enables organisations to integrate AI-powered financial crime compliance intelligence into their existing infrastructures. It facilitates the routing of alerts from Napier’s AI-driven screening and monitoring engines into current workflows, improving detection rates and reducing false positives. This approach offers a fast ROI and lowers the TCO for financial institutions aiming to enhance their compliance strategies with advanced analytics and intelligent automation.
The introduction of these services is a testament to Napier’s commitment to innovation and excellence in financial crime compliance. Greg Watson, CEO at Napier, expressed his enthusiasm for making high-quality compliance solutions accessible, highlighting the balance between speed and functionality achieved with Napier Continuum Live. Additionally, Chuck Subrt, Director of the Fraud & AML Practice at Datos Insights, underscored the growing complexity of financial crime compliance and the importance of integrating innovative, transparent solutions.
With the roll-out of Napier Continuum Live and Flow, Napier is setting a new standard in the fight against financial crime, ensuring that institutions of all sizes can deploy next-generation screening and monitoring capabilities aligned with their compliance and technological strategies.
“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,” Chuck Subrt, Director of the Fraud & AML Practice at Datos Insights, explained.