AML Solutions Built for the Speed and Complexity of Modern Business
Our data-first, risk-based approach ensures unparalleled accuracy and efficiency in identifying and reducing risk, accelerating AML compliance workflows, and optimizing team productivity. FinScan’s comprehensive, integrated platform includes Know Your Customer (KYC) checks, sanctions screening, risk scoring, data quality, and advisory services.
Stop Money Launderers in Their Tracks
Trusted by hundreds of organizations worldwide, Innovative Systems, Inc.’s FinScan® offers advanced anti-money laundering (AML) compliance technology and consulting solutions built on decades of experience in data management and proprietary matching technologies.
Why Compliance Teams Choose FinScan
Innovation
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A new standard in AML screening accuracy with a proprietary screening algorithm that addresses issues with weighted score matching
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A proven track record of uncovering missed hits while reducing false positives by 5x
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Continuous technology innovation keeps our customers ahead of the latest trends and regulations
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A pioneer in data quality and management
Experience
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20+ years in the industry without a hitch
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A team of experts in AML, KYC, and data quality to help navigate the complex regulatory landscape of compliance
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Experience working across diverse industries and a range of complex implementations (on-premises to cloud-based environments)
Growth
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Over 300 billion screenings annually with zero unplanned downtime
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16 of the 200 largest companies in the world
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6 data centers across the globe
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Customers in 65+ countries
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10X faster average response time per transaction than competitive solutions
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Meet regional and global requirements
KYC Onboarding: Streamlined and Perpetual
Named a KYC solution leader in Quadrant Knowledge Solutions’ SPARK Matrix™ report, FinScan helps prevent fines and reputational damage by effectively identifying and resolving risk during customer onboarding and daily operations while meeting AML and KYC regulatory obligations.
FinScan users can expect an 80% or more reduction in false positives (equivalent to a 5X or better reduction).
Enterprise Data Quality and Enrichment: It's in Our DNA
For over 50 years, Innovative Systems has continually pioneered enterprise data solutions. Let our experience in data management help you assess and improve your data integrity and monitor for errors in customer data feeds—getting you better results, faster.
We achieve enterprise-level data quality in less than 20% of the time and at 50% of the total cost of our competitors.
AML Compliance Technology: Speed, Accuracy, and Scale
Named a 2024 FinCrimeTech50 company by FinTech Global, FinScan provides a data quality-driven, comprehensive AML compliance solution in one user-friendly platform to help streamline your AML operations, improve productivity, and scale to growing volumes without sacrificing speed.
FinScan screens over 300 billion names a year in 60+ countries.
Loved by the Analysts
FinScan consistently stands out to press and analyst experts as a leader in the AML solutions space. However, our biggest point of pride is that many of these awards also use customer voting as a factor.
Your Industry’s Leaders Rely on FinScan
67%
Reduction in
false positives
75%
Reduction in
false positives
19k
Hours of manual
review saved
Payments
A large Latin American-based payment processor, operating across 15 countries, faced escalating compliance challenges due to the absence of centralized data collection methods. The company’s expansion amplified the complexity of adhering to different regional laws and regulations governing data screening and reporting.
Featured Insights
The world’s leading compliance teams trust their reputation to FinScan
FinScan addresses our regulatory and financial crime risks on a global scale—providing exceptional accuracy for the most complex screening scenarios.
James Parker, Risk & Assurance Director
We needed a compliance tool that meets very high standards across a variety of areas. We’ve built a great partnership with FinScan that’s helped lay a foundation for our continued growth and success.
Robbi Nagel, Deputy Global Chief Compliance Officer, AmTrust
FinScan helped us to reduce the amount of work and reviews in our head office and dramatically increase efficiencies. The work is spread across the organization, which has led to assurance that our AML compliance remains transparent and resilient.
Mariana Hori, Senior Compliance Manager, Welthungerhilfe