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features
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support

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Description

Greenlite serves as an advanced compliance platform powered by AI, streamlining mundane tasks associated with AML, sanctions, and KYC processes, which empowers your team to enhance compliance efficiency significantly. By managing Level 1 tasks that often hinder productivity, Greenlite's agents alleviate the burden of repetitive activities in financial crime, enabling your team to concentrate on genuine risks and adopt a proactive compliance strategy. The platform efficiently addresses Level 1 sanctions, PEP, and adverse media alerts, allowing analysts to dedicate their efforts to actual threats rather than being bogged down by false positives. Additionally, Greenlite automates the reviews of high-risk customers both during onboarding and throughout regular review cycles, facilitating quicker onboarding for trustworthy clients. By automating KYC and KYB assessments that were once conducted manually, it accelerates the process of integrating reliable customers into your system. Furthermore, Greenlite provides an ongoing monitoring suite that keeps you informed about the risks associated with customers, partners, and vendors, ensuring that you remain vigilant. Importantly, it aggregates essential customer data in just minutes, making compliance not only easier but also more efficient for your organization.

Description

Introducing a cutting-edge AI-driven platform for adverse media research that significantly enhances Anti-Money Laundering (AML) and Know Your Customer (KYC) investigations. Merlon employs a sophisticated natural language processing engine that efficiently extracts and organizes risk-related topics in alignment with both FATF recommendations and the controls required by financial institutions. It also captures essential biographical details for accurate matching with client information. By clustering articles into distinct events, the system reduces the overall volume of articles that analysts need to review. Furthermore, it intelligently identifies and eliminates duplicate content, which greatly shortens the time required for investigations. The results are prioritized based on their AML risk relevance, allowing analysts to detect potential risks more swiftly. Additionally, our natural language processing algorithms uncover risk factors that traditional methods might overlook. To streamline the process further, irrelevant articles are filtered out, ensuring that analysts focus solely on material content that contributes to their investigations. This comprehensive approach not only saves valuable time but also enhances the overall effectiveness of compliance efforts.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Greenlite

Country

United States

Website

www.greenlite.ai/

Vendor Details

Company Name

Merlon

Founded

2017

Country

United States

Website

merlon.ai

Product Features

AML

Behavioral Analytics
Case Management
Compliance Reporting
Identity Verification
Investigation Management
PEP Screening
Risk Assessment
SARs
Transaction Monitoring
Watch List

KYC

Product Features

AML

Behavioral Analytics
Case Management
Compliance Reporting
Identity Verification
Investigation Management
PEP Screening
Risk Assessment
SARs
Transaction Monitoring
Watch List

KYC

Alternatives

Alternatives

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Pascal

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