Finray offers a unified platform that combines core banking ledger functions, real‑time transaction risk monitoring, and governance workflow controls into a single auditable data model. By recording ledger entries, risk decisions, and compliance evidence simultaneously, it eliminates post‑transaction reconciliation and provides instant, audit‑ready records for regulated banks, payment institutions, crypto‑asset firms, and fintechs.
Funding
Funding not disclosed
Founders
Product
Problem
Regulated financial institutions often rely on separate systems for core banking, risk assessment, and compliance controls, which creates fragmented decision trails and makes it difficult to reconstruct why a transaction or alert was generated. This fragmentation hampers auditability, supervisory review, and board confidence, increasing operational and regulatory risk.
Solution
Finray provides a unified infrastructure that combines core ledger functionality, transaction risk evaluation, and governance controls into a single, auditable data model. Its Corebanq platform delivers account and payment processing while XZiel adds real‑time fiat and crypto transaction monitoring, sanctions screening, and case management. Ordinis layers governance, risk, and internal‑control workflows, ensuring that every action is recorded with its risk context, approval path, and exception handling at the moment of execution. By writing double‑entry postings, risk decisions, and control evidence together, Finray eliminates post‑transaction reconciliation and produces audit‑ready records instantly. The solution supports Swiss, EU/EEA, UK, and Canadian regulatory regimes and includes vendor‑neutral intelligence radars and primary‑source‑cited compliance guides to aid governance.
Target Audience
Finray’s primary customers are regulated banks, payment institutions, crypto‑asset firms, and fintech companies that must meet audit, supervisory, and board‑level control requirements.
Features
- Corebanq: integrated core‑banking ledger handling accounts, payments, tariffs, and settlement in a single model
- XZiel: real‑time transaction risk scoring, sanctions screening, and investigation case management for both fiat and digital assets
- Ordinis: governance, risk, and internal‑control workflow engine that captures approval paths and exception handling as immutable evidence
- Evidence‑at‑write architecture that records ledger state, risk context, and control evidence simultaneously, removing the need for end‑of‑day reconciliation
- Vendor‑neutral regulatory intelligence radars and forensic registers with primary‑source citations for EU, UK, Swiss, and Canadian frameworks
- ISO/IEC 27001:2022 certified information‑security management system ensuring compliance with industry security standards
- API‑driven integration layer allowing seamless connection to existing front‑end, reporting, and third‑party systems