We are delighted to announce that ComplyTek has been recognized by Chartis Research in their inaugural RiskTech AI50 report. Being named among the top 50 companies globally is a significant achievement, particularly in our first year of operation. It is an honor to be listed alongside industry giants such as Oracle, Moody’s, IBM, and KPMG. This recognition from Chartis Research is especially meaningful for a young AI-native Customer Lifecycle Management solutions provider, affirming that we are on the right path in developing effective compliance tools for the financial, insurance, gaming, and forex industries.
Our CEO Faisal shared his thoughts on this achievement, saying:
“Just one year into our journey, we are incredibly honored to be recognized in Chartis Research’s inaugural RiskTech AI50 report. This recognition is a testament to our bootstrapped, efficient, and mighty team of fewer than 30 dedicated professionals.”
This prestigious recognition reflects the innovative AI solutions we’ve developed. Here are a couple of the key machine learning models that have been instrumental in earning us this honor.
Our client segmentation solution, SegmenTek, represents a major advancement in transaction monitoring. By autonomously segmenting clients based on transaction history, spending patterns, and risk profiles, SegmenTek allows us to create highly targeted and accurate anomaly detection models. This segmentation is crucial for identifying unusual behaviors specific to different client types, reducing false positives by 60%, and improving investigation efficiency by 40%. Additionally, SegmenTek ensures compliance with regulatory standards by tailoring monitoring to the unique requirements of each client segment.
ScreenTek is our comprehensive transaction screening tool, designed to meet the rigorous demands of financial compliance. Utilizing NLP and ML, ScreenTek performs sophisticated name, payment component, and address screening to identify risks and anomalies with exceptional precision. The system’s ability to reduce false positives by 80% and execute screenings in milliseconds makes it an indispensable asset for maintaining compliance while optimizing operational efficiency.
This is only the beginning, and we are excited to see what the future holds as we continue to grow and improve. We deeply appreciate the opportunity to see the results of our work reflected in such thorough research, and we look forward to what lies ahead on our journey of pushing the boundaries of what is possible with AI and ML in compliance technology.
Complytek equips mid-market financial institutions with a robust solution to address the $3 trillion global money laundering issue through its award-winning Client Lifecycle Management (CLM) platform.
As a recipient of the prestigious ChartisRisktech AI 50 placement, Complytek’s CLM integrates perpetual KYC/CDD with AI-powered transaction monitoring and risk management technologies, earning industry recognition for its innovation and efficiency.
SaaS clients benefit from rapid deployment within 48 hours, while SaaP implementations are completed in 45 days, both at a significantly reduced cost (15%) compared to legacy systems. Designed to align with the strategic priorities of growing institutions, our solution remains resilient to macroeconomic challenges, ensuring long-term operational sustainability.
