Arachnys Adds Cloud-Native Version of Customer Risk Intelligence Platform

Arachnys, a provider of customer risk intelligence solutions for client onboarding, Know Your Customer (KYC), customer due diligence (CDD), enhanced due diligence (EDD), and Anti-Money Laundering (AML), has introduced a cloud-native version of its platform. The capabilities of the platform address changing market dynamics that are leading financial institutions to focus on five initiatives: real-time money laundering interdiction, competitive differentiation with accelerated client onboarding, syndication of investigative knowledge, re-use of compliance data exhaust, and analyst empowerment.

Edward Sander, president at Arachnys, says: “We are solving extremely complex problems that require significant levels of financial crime and bank operations domain expertise. We have the capability to acquire and distill complex risk data into useful risk decision content, and the cloud and financial crime domain expertise, and advanced technology mastery to create a consumable customer risk intelligence platform.”