Facctum
Facctum develops software for financial crime compliance, including AML, sanctions screening, and customer due diligence.
Product Overview
Facctum AML is an AI-powered compliance platform designed to automate sanctions, customer, payment, and alert screening processes, thereby reducing false positives and accelerating compliance efforts. The platform offers real-time data ingestion and AI-driven data extraction, transforming unstructured data into actionable profiles within minutes. It simplifies the ingestion, reconciliation, and enrichment of millions of data profiles from diverse sources, unifying fragmented data streams into a powerful dataset optimized for accuracy and compliance. Facctum AML is tailored for financial institutions, payment service providers, and fintech companies, providing scalable solutions that integrate seamlessly into existing workflows.
Features
- Real-time data ingestion
- AI-driven data extraction
- Automated sanctions screening
- Customer and payment screening
- Alert adjudication
- Watchlist management
- Reduction of false positives
- Seamless integration into existing workflows
Company Details
- Headquarters
- 🇬🇧 London, United Kingdom
- Founded
- 2021
- Type
- Legal Tech Vendor
- Founders
- Krishna Kumar Gupta