Join Faisal, CEO of Complytek, and David, CEO of Identomat, as we pull back the curtain on compliance: the past, present, and future.
Remember the old days? Photocopying passports, dot matrix printers, stacks of paper reports that never made it to the right desk. When compliance was 100% manual, it was a maze of disconnected processes that made life miserable for compliance officers.
Faisal takes us back to those MS-DOS days, sharing what it was really like, while David breaks down how game-changing moments like the Patriot Act and COVID pushed identity verification and KYC into the digital age.
But here’s the thing, our research shows compliance officers are still drowning in manual work. SARs get filed into the void, systems don’t talk to each other, and the sheer amount of low-value work is off the charts.
That’s exactly what we’re fixing. Complytek and Identomat are tearing down those barriers with automation that actually makes compliance easier. Think screenings in under a second, up to 80% fewer false positives, and 24/7 monitoring that works with you, not against you.
2025 brings opportunities for a complete shift in how compliance teams operate.
Got ideas on what we should tackle next? Share your suggestions!
If you want to hold onto some of the key insights from this discussion, you can download the PDF with key takeaways here.
Complytek helps mid-market institutions fight money laundering with our award-winning Client Lifecycle Management (CLM) platform. Recognized by Chartis RiskTech AI 50, we combine AI-powered monitoring and risk management to streamline compliance and combat the global $3 trillion money laundering problem. Get started fast with deployment in just 48 hours for SaaS or 45 days for SaaP -at 15% lower cost than traditional systems.
We give you the flexibility to tailor your AML solution to your exact needs. Each feature is optional, so you can select only the functionalities that align with your compliance goals, no unnecessary add-ons. With Complytek, you can add new scenarios within 24 hours, allowing you to adapt quickly. And that’s why our clients love us!
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Meet every regulatory requirement with our AI-assisted, real-time risk management solution. Centralize your processes for easy client lifecycle management, including customer onboarding, risk assessment, screening, ongoing monitoring, and case management—all in one place.
Assign numerical risk scores based on predefined factors, and customize evaluation levels and weight allocations to suit your business’s unique risk appetite. Plus, take advantage of machine learning modules that continuously improve risk scoring by learning from your decisions—achieving a level of precision that manual, predefined systems alone can’t match.
Getting started with an AML transaction monitoring program has never been easier, thanks to our extensive library of over 350 ready-to-use transaction monitoring scenarios. We support multiple regulatory jurisdictions, making it the perfect solution for organizations with diverse global compliance requirements.
Enhance your compliance process with real-time payment screening capabilities. Detect suspicious transactions instantly with our AI-powered insights and robust watchlist management. Ensure unmatched security with seamless API integration and support for multi-jurisdictional compliance.
At Complytek, we make onboarding easy. Our team is here to guide you every step of the way, with account managers who truly care about your success. From fast setup (just 48 hours!) to personalized help whenever you need it, we ensure you never feel alone. Speak to one of our team members to see how we can help.
