-Lucinity and Neterium partner to provide real-time transaction and counterparty detection through Lucinity’s financial crime prevention software
Driving holistic customer insights through Luci Copilot
LONDON, June 29, 2023 /PRNewswire/ — Lucinity and Neterium have announced a partnership to integrate real-time counterparty and transaction detection capabilities within the Lucinity platform, ushering in a new era in compliance technology.
The announcement follows Luci’s recent launch of Lucinity at Money2020 in Europe, Lucinity’s pioneering generative AI co-pilot, which now integrates seamlessly with Neterium. Luci enables clients to perform in-context, in-depth, and ad-hoc sanctions checks and provides a comprehensive interpretation of the results. Luci copilot is the first of its kind in the industry. With the Lucinity platform, users can natively integrate and unify all detection processes and workflows in a single system.
Lucinity customers will have access to instant detection results 24 hours a day through Luci, a suite of measures to significantly improve compliance measures and deliver unparalleled benefits. FinCrime prevention professionals can also perform a holistic search for an actor at the click of a button, including a search of Experian databases, an Internet search, and any Neterium-powered sanction match.
Lucinity is a cutting-edge SaaS platform that leverages generative AI and augmented intelligence to transform the financial industry through faster, smarter financial crime prevention. Neterium, with its unique holistic matching technology that is API and cloud native, offers more than 20 years of experience in financial crime compliance.
The partnership between Lucinity and Neterium is intended to increase effectiveness and efficiency by merging top-tier detection and FinCrime prevention into a single solution. This alliance provides financial institutions with a comprehensive compliance tool, allowing them to identify high-risk individuals or entities and take prompt and appropriate action. The partnership has already attracted a shared customer base, underscoring the transformative potential of this collaboration.
Guðmundur Kristjánsson (GK), Founder and CEO of Lucinity, expressed his excitement about the partnership, stating: “With the launch of Luci copilot and our partnership with Neterium, Lucinity is pushing the boundaries of innovation in the crime prevention space. Our mission is to streamline FinCrime processes, empowering professionals to work more efficiently and make faster, more informed decisions. Together, we are reshaping the industry, propelling it into a future of unprecedented productivity.”
Neterium CEO Luc Meurant added: “We are delighted to partner with Lucinity to offer clients an innovative and comprehensive compliance solution. This unified solution for financial crime prevention simplifies compliance, making it easier for institutions to financial institutions meet regulatory requirements effectively and efficiently.”
About Lucinity: www.lucinity.com About Neterium: www.neterium.io
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Contact:Celina PabloDirector of PR and Eventscelina@lucinity.com 354 792 4321
Para Neterium:Manon LoisonDirector de Marketing Manon@viaprod.com 352 621 322 062
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