SS&C Europe to use Napier's financial crime risk management platform

SS&C Europe upgrades financial services offering with Napier partnership (Graphic: Business Wire)

KUALA LUMPUR, Oct 18 (Bernama) -- Napier has announced that SS&C Europe will be upgrading its offerings with its AI-enhanced financial crime risk management platform - Napier Continuum.

Napier is a compliance technology specialist that helps financial institutions fight financial crimes while SS&C Europe is a financial services firm.

Napier Continuum enables large-scale customer screenings and rescreening capabilities. It also has transaction monitoring tools.

The system is designed to scale alongside increasing compliance obligations as the business grows, making it the natural choice for SS&C.

“We’re incredibly excited to be working with SS&C to provide them with a robust, agile anti-money laundering compliance system.

“Our solutions are engineered to empower compliance teams to make fully informed and data-driven decisions, minimising false positives and false negatives,” said Napier chief executive officer Greg Watson in a statement.

SS&C Europe will now benefit from increased visibility over transactions moving through its systems, gaining access to detailed intelligence data to manage workflows more efficiently.

Napier’s flexible and scalable platform will allow SS&C to adapt easily to any future business requirements.

For more details, please go to www.napier.ai.

-- BERNAMA