Finance in Motion and Napier AI partner on AML for secure impact investments
2024年4月24日 - 3:00PM
ビジネスワイヤ(英語)
Napier AI, the London-based financial crime compliance RegTech,
is pleased to announce that Napier AI Continuum has been selected
as the anti-money laundering and counter terrorist financing
(AML/CTF) platform for world-leading impact asset manager, Finance
in Motion.
Napier AI is providing its Client Screening solution and Client
Risk Assessment module as part of the Napier AI Continuum platform
to Finance in Motion, to support its global growth in generating
positive change in emerging markets.
Napier AI’s solutions will bolster Finance in Motion with the
tools to continue delivering public and private capital exclusively
towards impact investments in emerging markets, while protecting
funds from being used to finance criminal activity.
Key features in the Napier AI platform that Finance in Motion
will be adopting include:
- API enabled, cloud native and automated client screening,
supporting transliteration of 22 languages, AI fuzzy matching and
secondary scoring capabilities;
- a user-friendly interface with customisable workflows;
- a sandbox environment for optimising screening
configurations;
- and configurable dashboards with no-code rule building and AI
insights for efficient decision-making.
Impact investing addresses the world’s most pressing challenges
and generates positive and measurable change, while delivering
financial returns. Cutting off funding to activities that
negatively impact people and emerging economies through effective
anti-money laundering controls is an intrinsic part of this for
Finance in Motion.
Impact investing plays a critical role in efforts to meet the
United Nations’ Sustainable Development goals. The 8th goal towards
‘Decent work and economic growth’, is to ‘take immediate and
effective measures to eradicate forced labour, end modern slavery
and human trafficking and secure the prohibition and elimination of
the worst forms of child labour, including recruitment and use of
child soldiers, and end child labour in all its forms.’ The
revenues generated from these criminal activities must be
identified and seized through effective AML controls and strong
collaboration with law enforcement. Finance in Motion is committed
to contributing to these targets, and one of the ways it aims to do
so is by implementing effective AML controls with Napier AI.
"Like any institution, we have a duty to ensure that the public
and private capital raised is used exclusively for the intended
objectives, in our case impact investments in emerging markets.
Accordingly, regulation requires effective measures to prevent
funds from being used to finance criminal activities. The
collaboration with Napier AI allows us to efficiently query data
through automated processes and integrated systems," says Sylvia
Wisniwski, Managing Director, Finance in Motion.
Greg Watson, Chief Executive Officer at Napier AI noted, “Napier
AI is proud to join forces with Finance in Motion to use next
generation technology to make a positive impact on the planet. The
key to dismantling criminal networks lies in cutting off their
sources of revenue entirely by correctly identifying accounts,
transactions, and behavioural patterns associated with financial
crime. Napier AI’s cutting-edge compliance solutions supercharge
Finance in Motion’s mission to generate positive change in emerging
markets with automated client screening.”
About Napier AI
Napier AI is a RegTech delivering anti-money laundering and
financial crime compliance software to banking, payments and wealth
& asset management firms. Napier AI designs and engineers
technological innovation to make a measurable difference in driving
down financial crime. Trusted by over 150 institutions worldwide,
the company’s platform, Napier AI Continuum, is transforming
compliance from a legal obligation to a competitive edge.
About Finance in Motion
Finance in Motion is a global impact asset manager focused
exclusively on sustainable development in emerging markets and
developing economies. The company structures, manages, and advises
impact investment funds that bring together public and private
investors to address climate change, strengthen biodiversity
conservation, foster the sustainable use of natural resources,
improve livelihoods, and promote economic opportunities.
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https://www.napier.ai/contact
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version on businesswire.com: https://www.businesswire.com/news/home/20240423090837/en/
For media enquiries: Elise Thrale Head of Content, Napier
+4477890 952 278 Elise.thrale@napier.ai