Finch Innovate Brings AML CFT Solutions to British Indian Ocean Territory
In a bid to simplify anti-money laundering (AML) compliance for financial institutions in the British Indian Ocean Territory, Finch Innovate has launched its range of cutting-edge AML/CFT software solutions.
About Finch Innovate
Finch Innovate is a sister concern of Cinque Technologies, boasting over 26 years of experience in payments and AML compliance. The company’s proprietary finch.ai algorithms aim to make AML compliance easier to manage, allowing businesses to focus on their core operations.
Comprehensive Suite of Solutions
Finch Innovate’s comprehensive suite of AML/CFT software solutions includes:
- Transaction monitoring
- AML screening
- eKYC onboarding
- Automated goAML regulatory reporting capabilities
These solutions are designed to be modularized, core agnostic, and web-based, with automated goAML regulatory reporting capabilities.
Collaborations and Deployments
Finch Innovate has collaborated with top anti-money laundering consultants to ensure its solutions evolve in line with Central Bank AML requirements. The company’s solutions have already been deployed by major stock exchanges, banks, jewelry retailers, real estate developers, and money exchanges across the GCC and globally.
Key Features
- AI-powered financial crime detection
- Real-time processing of transactions and KYC onboarding
- Reduced false positives through a combination of finch.ai and rule-based transaction monitoring
- Cloud-based deployment for cost savings and increased scalability
- Flexible payment options to suit any budget
Vision and Mission
Finch Innovate’s vision is to revolutionize AML compliance by harnessing the best of artificial and human intelligence. “At Finch Innovate, we draw inspiration from the finch bird, a symbol of harmony between the heart and mind,” said Basil Salah, Managing Director. “Our focus is on evolving our solutions to meet the changing needs of our clients, making the complex regulatory environment easier to manage.”
Contact Us
For more information about Finch Innovate’s AML CFT software solutions in the British Indian Ocean Territory, please contact us.