Napier Launches New Anti-Money Laundering Platform Services

Published 4 months ago

London-based global financial crime compliance RegTech, Napier, has expanded its award-winning Anti Money Laundering (AML) platform, Napier Continuum, with two new service offerings: Napier Continuum Live and Napier Continuum Flow.

Napier Continuum Live

Napier Continuum Live is a plug-and-play hosted offering, providing a fast track to regulatory compliance for organisations. This service offers a comprehensive package that includes licensing, hosting, and professional services fees in one contract. It also offers bundled data for client screening, predefined implementation configuration packages for a smooth go-live experience, and AI models ready to use.

Rules and typologies libraries are customised to specific sectors such as banking, payments, and wealth and asset management. Napier’s Professional Services team provides proven implementation pathways. “With Napier Continuum Live, financial institutions get a feature-rich platform pre-configured to their needs. It’s a combination of our product and market expertise,” stated Greg Watson, CEO at Napier.

Napier Continuum Flow

Napier Continuum Flow is another addition to the Napier suite. This new headless API service is designed for organisations that want to integrate AI-powered financial crime compliance intelligence into their existing infrastructure. It allows organisations to direct alerts from Napier’s AI-driven screening and monitoring engines into their existing workflow for case management.

This service improves detection rates, reduces false positives, and provides auditable AI insights, all within the existing workflow, promising a fast Return on Investment (ROI) and lower Total Cost of Ownership (TCO). Watson noted a rising demand from digital-first customers in banking and payments to incorporate Napier’s intelligence into their own technology stacks.

Addressing Financial Crime Compliance Challenges

Chuck Subrt, Director of the Fraud & AML Practice at Datos Insights, observes that financial crime compliance is becoming increasingly complex as regulatory mandates continue to expand. He sees a growing demand for dynamic tools with advanced analytics and intelligent automation. He identifies the new Napier offerings as attractive options for organisations seeking to transform their AML compliance technology.

With the introduction of Napier Continuum Live and Continuum Flow, all financial institutions can now avail of next-generation, enterprise-grade screening and monitoring capabilities in line with compliance and technology strategies.

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