Unit21

What is Unit21 Software?

Unit21 is an anti-money laundering (AML) software that empowers organizations to combat financial crime proactively and enhance decision-making throughout the customer lifecycle. Tailored to individual risk profiles, it consolidates data silos into a comprehensive, end-to-end solution, mitigating the impact of financial crime on both the organization and its customers.

With a simple API and dashboard, the platform facilitates detecting and managing money laundering, fraud, and other sophisticated risks across diverse industries. The AML platform integrates Know Your Customer (KYC) identity verification, transaction monitoring, outlier detection, and suspicious activity report (SAR) case management, streamlining all risk and compliance operations. In contrast to legacy systems, it generates action buttons, sets up workflows, creates custom dispositions, and exports real-time case management actions to the admin dashboard.

Why Choose Unit21 Platform?

• The AML software allows you to identify underperforming detection rules for specific customer segments for targeted improvement.
• It allows you to utilize over 1,000 tried-and-tested rules and scenario models for common financial crime typologies.
• The platform enables the users to continuously fine-tune fraud and AML processes with insights from management and productivity tools.
• It offers insight into agent performance metrics, such as Average Handling Time, for effective staffing allocation.
• The AML tool allows you to leverage Chainalysis data for enhanced KYC/B and anti-crime efforts.

Benefits of Unit21 AML Software

• The AML software allows you to run rules in shadow mode to observe their effects on future data without triggering real alerts or flagging irrelevant data.
• You can use graph-based analysis to identify points of interest, such as shared IPs or stolen IDs, to detect suspicious behavior.
• The software allows you to respond swiftly to potential incidents with alerts generated within seconds of detecting suspicious activity.
• Administrators with special permissions can create custom buttons to trigger workflows and automate processes.
• It allows you to use pre-filled forms, narratives, and custom action buttons to automate manual work on cases.

Pricing of Unit21 AML Platform

Unit21 AML platform pricing is available on request at techjockey.com. Its pricing in India may vary based on factors like customization, additional features required, number of users, and the deployment type. Please request a call back for subscription-related details and to avail offers on premium packages.