Every year, millions of customers need to be identified and monitored to reduce money laundering and financing for terrorism. Most documents that contain customer data are manually analyzed during an onboarding process.
Our mission is to reduce the manual effort in collecting and verifying compliance-relevant data while increasing accuracy by using AI and Natural Language Processing (NLP).
We are digital enthusiasts bringing together deep industry knowledge with cutting edge technology for financial services. We are an experienced group of experts in machine learning and AI.
We are supported by top management executives with over 30 years of experience at Goldman Sachs, TwoSigma, Helvecia AG, and Deutsche Bank.
We all work side by side with our clients to upgrade compliance to the digital age.
We have first-hand experience with compliance and client onboardings at major banks around the world. Analysts are forced to make split-second decisions manually and under immense pressure.
These snap judgements are not traceable, affected by human errors, and can end up costing millions of dollars. We help our clients reduce risk, save time, conduct more accurate assessments and, ultimately, fight against international crime.
Bayern Innovativ is a subsidy program by the Bavarian ministry of economics which honors outstanding innovations and startups in Bavaria.