Identify previously unseen connections between suspicious persons and resolve multiple entities.
Financial Crime Detection
World governments require insurance companies to know who is using their services, and to prevent identified bad actors from using insurance services to launder money. Using Shift Financial Crime Detection, insurers can resolve bad actors' entities using AI, while at the same time mitigating illegal activities and demonstrating compliance to authorities.
- Resolves false identities using a variety of internal and external data sources
- Automatic AI analysis identifies policyholders who may be politically exposed, sanctioned by a foreign government, or in other sensitive positions
- Maintain regulatory compliance across multiple jurisdictions
- Supports Know Your Customer (KYC) initiatives
Address a range of compliance challenges related to financial crime
Efficient, customizable user interface
Aggregate Risk Score
Keep track of potential bad actors with a single, comprehensive risk profile.
Highlight Risk Factors
Learn the reasons why an entity could potentially be compromised in terms of compliance.
Learn how your risky applicant may be connected to other compliance risks.