Napier, the London-based global financial crime compliance RegTech, is pleased to announce that its award-winning Anti Money Laundering (AML) platform, Napier Continuum is now available through two new service offerings: Napier Continuum Live and Napier Continuum Flow. These new solutions deliver Napier’s experience in helping financial institutions transform their AML solutions with a compliance-first focus.
Napier Continuum Live is the new plug-and-play hosted offering that brings the benefits of the Napier Continuum platform to organisations looking to go live and achieve regulatory compliance as quickly as possible. For both Client Screening and Transaction Monitoring, the service offering includes:
- Licensing, hosting and professional services fees in a single contract
- Bundled data for client screening
- Out-of-the-box Artificial Intelligence (AI) models
- Predefined implementation configuration packages for a seamless go-live experience
- Rules and typologies libraries tailored to customer sectors, including banking, payments, and wealth and asset management
- Proven and scoped implementation pathways with Napier’s Professional Services team
“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.”
Napier is also announcing Napier Continuum Flow, a new headless API service designed for organisations looking to leverage AI-powered financial crime compliance intelligence into their existing infrastructure. With Napier Continuum Flow, organisations can route alerts from Napier’s next generation, AI-driven screening and monitoring engines into their existing workflow for case management. Customers gain the improved detection rates and reduced false positives from Napier Continuum, as well as the explainable and auditable AI insights, all in their existing workflow for a fast Return on Investment (ROI) and lower Total Cost of Ownership (TCO).
“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,” continues Watson. “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.”
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