Actico
Decision automation for compliance and credit risk
Product Overview
ACTICO Compliance Suite is a comprehensive software solution designed to help banks, financial service providers, and insurers manage regulatory compliance and prevent financial fraud. It offers modules for Anti-Money Laundering (AML), Know Your Customer (KYC), Customer Screening, Payment Screening, and Capital Market Compliance. The suite integrates machine learning with rule-based systems to enhance risk detection and reduce false positives, thereby improving operational efficiency and ensuring adherence to regulatory requirements.
Features
- Anti-Money Laundering (AML): Monitors transactions for money laundering activities, clarifies abnormal transactions, and classifies customer risk.
- Know Your Customer (KYC): Automates the KYC process, continuously updates customer profiles, and integrates compliance checks into client onboarding.
- Customer Screening: Screens for sanctions, embargoes, PEP status, and other risks during onboarding and regular customer reviews.
- Payment Screening: Screens payments in real-time to prevent money laundering and terrorist financing, checking for embargoes and sanctions.
- Capital Market Compliance: Monitors for market manipulation, insider trading, and trade restrictions; manages insider lists, watch lists, and restricted lists.
- Machine Learning Integration: Enhances risk detection and reduces false positives by combining expert knowledge with data-driven insights.
- Flexible Deployment: Available as on-premises or SaaS solutions, with open APIs for easy integration with core banking systems like Avaloq.
Company Details
- Headquarters
- 🇩🇪 Immenstaad, Germany
- Founded
- 2015
- Type
- Legal Tech Vendor
- Funding Stage
- Bootstrapped