How can financial institutions reduce customer friction caused by poor screening accuracy?
False positives and inconsistent screening decisions are significantly reduced when institutions deploy Agentic AI, minimising delays for legitimate customers and delivering a smoother onboarding and payments experience.
Iris 7 is designed to transform how financial institutions manage customer screening, bringing together specialised AI Agents that operate across the entire screening lifecycle – combining high-quality risk data, intelligent detection, AI-driven investigation, and governed decisioning to resolve alerts efficiently and consistently.
The result is faster onboarding, reduced customer friction, and the ability to scale screening operations in line with business growth, without increasing compliance risk or headcount.
Clean, Reliable Risk Data for Accurate Screening
Consolidate, clean, and standardise sanctions, PEP, and adverse media data from multiple sources. Remove duplicates and resolving entities for high-quality, validated screening screening risk data to improve accuracy, efficiency, and compliance decision-making.
Reduce Customer Friction with More Accurate Screening Matches
Identify potential matches across sanctions, PEP, and adverse media lists using AI-driven matching and configurable screening rules. Improve detection accuracy, reduce excessive alerts, and generate higher-quality alerts for faster, more efficient investigations and compliance screening.
Stay Ahead of Regulatory and Geopolitical Change
Continuously monitor regulatory, sanctions, AML, and geopolitical developments. Interpret their relevance against your institution’s policies and control framework and deliver structured, auditable assessments that help compliance teams identify emerging risks earlier. Reduce manual monitoring effort, and respond with greater speed and confidence.
Accelerate Onboarding by Resolving Up to 90% of Screening Alerts
Real-time, policy-bound investigation and decisioning of customer screening alerts across sanctions, PEP, and adverse media lists. Automatically close false positives and escalate genuine risks to reduce manual investigations, improve straight-through processing, and deliver fast, explainable decisions aligned with your risk appetite.
Reveal Hidden Risk in Global Media Sources
Analyse publicly available news and information sources to identify potential financial crime risks linked to individuals or organisations. Assess the materiality and relevance of adverse media to enrich screening and investigations with contextual insight that helps to uncover hidden threats, prioritise risk, and make more informed compliance decisions.
Manage Investigations and Decisions in One Workspace
An end-to-end workflow and case management environment that gives analysts a unified view of screening alerts. Enable your teams to prioritise workloads, track investigations, and document decisions with full audit trails, improving operational efficiency, transparency, and compliance oversight.
Automate Complex Customer Due Diligence Reviews
Perform complex CDD and EDD reviews, gather relevant information, apply institutional risk standards, and produce an informed customer risk rating with fully documented acceptance, escalation, or enhanced monitoring decisions.
Deliver Defensible Screening Decisions for Escalated Cases
Senior-level screening interpretation at scale. Assess escalated sanctions and watchlist cases using contextual research and institutional policy intent, for deeper interpretation than required in standard screening. Interpret entity relationships, indirect exposure, and jurisdictional factors within defined authority limits and produce defensible screening outcomes.
Continuous learning across the platform analyses data patterns, analyst feedback, and decision outcomes to strengthen detection and investigations over time, driving ongoing improvements in efficiency, effectiveness, and regulatory defensibility.
