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E-Book
5 Billion+
Transactions Monitored
400 Million+
Accounts Monitored
2 Million+
Alerts Processed
Comprehensive Watchlist Integration
- Screen against a wide range of watchlists, including sanctions, Politically Exposed Persons (PEPs), adverse media, and internal lists.
- Seamlessly integrate external watchlists or your own custom lists to create a unified screening platform.
- Ensure up-to-date compliance with real-time updates from regulatory authorities and data providers.
Advanced AI-Powered Matching in Real Time
- Employ AI-driven fuzzy and advanced text analytics to identify potential matches despite data discrepancies like misspellings, nicknames, and formatting differences.
- Use multi-pass screening to reduce false positives by 90% and ensures no true hits are missed.
- Leverage 'no-translation' cross-lingual matching to seamlessly compare names across languages.
Built-in Sandbox
- Built-in sandbox to test and deploy new screening configurations on an ongoing basis reducing effort by 70%.
- Automatically generate matching thresholds, across attributes like names, addresses, and dates of birth.
- Configure the precision and recall of the AI models by tuning 49 different parameters to optimise model performance and accuracy.
Scalable Multilingual and Multi-Jurisdictional Support
- Screen across multiple jurisdictions with support for 24 languages and 14 scripts, ideal for global organizations handling cross-border transactions.
- Scale horizontally to handle high transaction volumes as your organization grows.
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Efficient Case Management and Alert Prioritisation
- Utilise an intuitive case management system to prioritise, track, and investigate alerts efficiently.
- Investigate all watchlist matches of a customer in a single view with priority focus on high risk matches thus speeding up investigations.
- Streamline investigation through automated case assignment, escalation, and task management, cutting investigation time by up to 50% and enabling rapid response to high-risk cases.
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Traditional Bank
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Digital Bank
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Payments
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E-Wallet
Traditional Bank
Client Testimonial
The area of AML requires constant vigilance and continual enhancement. The use of RegTech such as Tookitaki’s FinCense enables us to augment our ability to identify actionable alerts and minimise false positives. These sharpen the accuracy and effectiveness of our AML risk management.
Compliance Office of a Singapore Bank
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50%
reduction in false positives -
~45%
reduction in overall compliance cost -
Digital Bank
Client Testimonial
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For a new business like ours, Tookitaki's FinCense has been a perfect partner to help us effectively manage our compliance needs.
Digital Bank Client
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100%
Risk coverage for transactions
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50%
Reduction in time to onboard to new scenario -
Payments
Client Testimonial
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FinCense's ability to detect AML and fraud risk accurately in real time allows us to maintain the performance of the system at scale. It has been a game-changer for us.
Payment Services Client
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70%
Reduction in effort on threshold tuning and scenario testing -
90%
Reduction in false positives -
E-Wallet
Client Testimonial
Tookitaki helped us simplify our compliance operations by providing us with a single platform that effectively manages all fraud and AML processes.
E-Wallet Client
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90%
Accuracy in high-quality alerts -
50%
Reduction in time to onboard to new scenario -
