Sigma360 provides a cloud-native risk decisioning platform that utilizes AI and a vast risk intelligence database to screen and monitor client relationships for compliance and reputational risks. The platform enhances risk mitigation by delivering real-time data insights, reducing false positives by 75%, and enabling organizations to efficiently manage regulatory requirements across multiple jurisdictions.
Funding
$9.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
AFRMIFounders
Product
Problem
Organizations face challenges in efficiently screening and monitoring client relationships for compliance and reputational risks due to the vast amount of data and constantly evolving regulatory landscape. Traditional risk management processes often rely on manual reviews and disparate data sources, leading to inefficiencies and potential blind spots. This can result in increased exposure to financial crime, regulatory penalties, and reputational damage.
Solution
Sigma360 offers a cloud-native risk decisioning platform that leverages AI and a comprehensive risk intelligence database to streamline client screening and monitoring. The platform consolidates data from numerous sources, providing a unified view of risk across various datasets. By applying AI-powered analytics and proprietary risk taxonomies, Sigma360 automates risk assessments, reduces false positives, and enables organizations to proactively manage regulatory requirements. The platform's continuous data updates and automated alerts ensure that users stay informed about changing risks in real-time. Sigma360's configurable risk scoring and low-code/no-code interface allow for customization and rapid deployment, providing immediate ROI and scalability.
Target Audience
The primary target audience includes financial institutions, fintech companies, and other organizations that need to screen and monitor client relationships for compliance, reputational, and financial crime risks.
Features
- Access to a risk intelligence database with over 100 billion data points, 1.2 billion entities, and coverage across 260+ jurisdictions.
- AI-powered analytics and proprietary models for automated risk scoring and assessment.
- Real-time data updates from 150+ corporate registries, global government watchlists, and 5 million monthly articles.
- Unified risk view across disparate datasets, including internal and external data sources.
- Configurable risk scoring and automated notifications for proactive risk management.
- Low-code/no-code interface for rapid deployment and customization.
- Enterprise-level security with SOC 2 Type II compliance.
- Sanctions & Watchlist Screening, Global Advanced Adverse Media Screening, Perpetual KYC Capabilities, AML Investigations, Enhanced Due Diligence, Counterparty Credit Risk, and Country Risk Ratings.