Napier Continuum has been named Best Know Your Customer/Anti Money Laundering (KYC/AML) Service in this year’s WatersTechnology Asia Awards, which recognises excellence in the deployment and management of financial information and technology within Asia’s capital markets community. The winning category celebrates the best platform in the industry for its ability to provide end-users with increased levels of transparency and accuracy around their KYC/AML/Customer Due Dilligence (CDD) compliance. This win reflects the continued investment by Napier in providing the best solutions and support to its customers in Asia.
Napier Continuum, launched in 2022, is a unified AML platform. It was recognised for its combination of advanced technology including Artificial Intelligence (AI)in a flexible and intuitive user interface, to support practitioners in the global fight against financial crime. Napier Continuum integrates multiple compliance solutions into a single dashboard, avoiding data silos and giving the user a holistic view of potential criminal activity.
Suitable for both global financial institutions (FIs) - for whom it removes the need to ‘rip and replace’ by augmenting existing systems with specific use-case solutions; and small and medium sized organisations - which can deploy a user-friendly, fully tested, cost effective platform in a matter of weeks - Napier Continuum reduces false positives by up to 97%, allowing compliance teams to focus on genuinely suspicious behaviour.
Napier Continuum offers a scalable and comprehensive suite of modular solutions including ingesting KYC data through APIs. Each module in the platform, Client Screening, Transaction Screening, Transaction Monitoring, Client Activity Review, Client Risk Assessment or Regulatory Reporting Manager is a standalone solution. Its ‘always listening’ risk monitoring systems empowers teams to focus on substantive risk, reducing cost, and improving effectiveness.
“We’re delighted that our Continuum solution has been recognised as the best by WatersTechnology,” says Napier’s Regional Head of Asia Pacific, Rob Davies. “Napier was founded by a former solution buyer, so our products are built with a deep understanding of the issues faced by AML teams. Winning this award reflects our position as the advocate for empowering the region’s AML teams with tools that provide more accuracy, efficiency and transparency, and at a lower cost.”
To support the growing client base, Napier has expanded the Asia Pacific team. Rob Davies, previously Vice President for Feedzai, brings over 15 years of financial crime experience in the region. Previously Regional Head, Robin Lee, has now taken the role of Board Advisor at Napier. Napier’s dedicated Asia Pacific leadership team continues to focus on customer experience and fostering partnerships.
The team continues to lead the change in supporting compliance practices in the Asia Pacific with the recent addition of Neil Anderson, who brings over 25 years of extensive experience in the financial services sector and joins as Regional Head of Support.
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Photo by Erwan Hesry on Unsplash
