AML Analytics
AML Analytics provides independent testing, validation, and assurance solutions for sanctions screening and transaction monitoring systems used by financial institutions to combat financial crime. The company offers a suite of RegTech and SupTech tools including Sandbox for custom screening tests, Analyser Online for hosted testing, and Global Benchmark for peer comparison, along with a free Sanctions Alert Service that monitors real-time updates to sanction lists worldwide.
- Regulatory & Compliance Technology
- Financial Technology
- Data & Analytics
- Software Only
Funding
Funding not disclosed
across 1 round
Founders
Founder details are not available yet.
Product
Problem
Financial institutions rely on sanctions screening and transaction monitoring systems to detect financial crime, but these systems frequently fail to identify manipulated names or generate excessive false positives. Regulatory bodies increasingly require firms to demonstrate with evidence that their systems are tested, tuned, and effective, yet many institutions lack the tools and methodologies to independently validate system performance.
Solution
AML Analytics provides independent testing, validation, and assurance solutions for sanctions screening and transaction monitoring systems. The company offers a suite of RegTech and SupTech tools including Sandbox, a self-assessment platform for creating custom screening tests; Analyser Online, a hosted testing facility with analytics for understanding test results; and Global Benchmark, which measures system performance against industry-standard aggregated peer scores. The company also provides Annual Assurance Testing, Red Flag Tests for transaction monitoring health checks, and Transaction Monitoring Validator for ongoing validation. A free Sanctions Alert Service monitors real-time updates to sanction lists worldwide, helping institutions reduce dependence on list providers and ensure screening data remains current.
Target Audience
Primary customers are traditional and non-traditional financial institutions, including banks, payment firms, and money service businesses, as well as regulatory authorities and governments that need independent assurance of AML/CFT system effectiveness.
Features
- Sandbox self-assessment tool enabling firms to create custom sanction screening tests aligned with corporate risk appetite
- Analyser Online hosted testing facility with powerful analytics for rapid interpretation of test results and remedial action
- Global Benchmark subscription measuring screening efficiency and effectiveness against aggregated industry peer scores
- Red Flag Tests using Smart Scenarios with millions of rows of synthetic transaction data to mimic money laundering typologies
- Transaction Monitoring Validator (TMV) for frequent, ongoing validation of transaction monitoring systems per regulatory requirements
- Free Sanctions Alert Service (SAS) providing real-time notifications of updates, additions, and deletions to significant sanction lists worldwide
- Sanctions Alert Tests (EU) delivering new screening tests whenever changes occur to the EU sanctions list