There’s a lot on the line since institutions that fail to perform sufficient due diligence during customer onboarding and throughout the customer relationship may be subject to significant fines and could see a loss of reputation and shareholder value.
Sanctions screening, onboarding, and ongoing know your customer (KYC) activities become more effective and efficient with AI-driven technology from Babel Street.
Babel Street offers advanced natural language processing solutions for name screening, adverse media monitoring, and know your customer/know your vendor due diligence.
Our identity matching solution provides an unambiguous confidence score for name matching that considers the variability and complexity of names across languages and cultures. It is also highly-configurable to reflect an organization’s data and risk profile.
The Babel Street Difference
Simplify financial compliance by minimizing risk
Reduce False Positives
Minimize false alarms and add automation to remediation processes — customers who switch to Babel Street report up to a 90% reduction in false positives and an increase in overall productivity
Multilingual Watchlist Screening
Cutting-edge algorithms match names across different scripts and languages, accounting for numerous linguistic and contextual factors — without compromising performance
Customize and Understand Match Results
Easily tailor how you match data fields to conform with your policies and requirements with no code required —understand match decisions with explainable AI
Rapid Tracing of Ultimate Beneficial Ownership (UBO)
Process the data needed for UBO investigations, such as news sources, corporate filings, and public records using AI-driven entity extraction for people, places, and organizations from multilingual text
Unmatched Access to PAI
Put publicly available information to work for adverse media screening, identification of politically exposed persons, and ongoing KYC due diligence
Automate Financial Compliance Processes
Reduce the manual labor associated with anti-money laundering and sanctions screening — expand your risk profile by conducting more thorough sanctions screening
