NEW YORK--(BUSINESS WIRE)--Sep 17, 2024--
AML compliance screening platform Castellum.AI is proud to launch a money-back guarantee, an industry-first in the AML space. Our commitment to delivering an excellent client experience means Castellum.AI is the only provider in the market to guarantee that clients' false positive rate will go down, or your money back.
Castellum.AI clients save hundreds of hours annually by reducing unproductive alerts, dramatically reducing the cost of compliance. This means businesses can streamline their compliance operations and focus on what really matters: preventing financial crime.
What Backs Castellum.AI's Guarantee
Patented Enrichment Process: Castellum.AI is built on the premise that quality data is at the core of effective compliance. Our patented process standardizes and enriches risk data directly from issuing authorities, ensuring accuracy and reliability.Proprietary Jgram Algorithm: Purpose-built to reduce false positives, Jgram functions across all languages and excels in high-volume screening environments, making it the top choice for institutions with complex compliance needs.Real-Time Monitoring: Our real-time monitoring capability only alerts you to changes relevant to your client and supplier base. We cover risk globally, across sanctions, PEPs, adverse media, sanctioned beneficial ownership and more.
"Clients buy compliance software for two simple reasons: to not get fined and to reduce false positives. As a former compliance executive, I know how frustrating it is to buy a system that doesn't work as advertised," said Peter Piatetsky, Castellum.AI CEO. "This is why Castellum.AI has offered free trials since day one, and why we're expanding this with our offer to enterprise clients: we guarantee a false positive reduction when you move off of a legacy vendor, or your money back."
About Castellum.AI
Castellum.AI is a B2B compliance solution that helps governments and businesses identify and prevent financial crime. With a global risk database covering sanctions, PEPs, adverse media, sanctioned beneficial ownership (SBO) and other data categories, compliance teams can easily screen customers, other counterparties and transactions to comply with AML regulations. Castellum.AI users can integrate risk data screening directly into existing core, CRM and case management systems or access via the Castellum.AI platform.
View source version on businesswire.com:https://www.businesswire.com/news/home/20240917457695/en/
CONTACT: Spencer Vuksic
Email:contact@castellum.ai
KEYWORD: NEW YORK UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: SOFTWARE FINANCE ARTIFICIAL INTELLIGENCE DATA MANAGEMENT PROFESSIONAL SERVICES TECHNOLOGY FINTECH SECURITY
SOURCE: Castellum.AI
Copyright Business Wire 2024.
PUB: 09/17/2024 08:38 AM/DISC: 09/17/2024 08:39 AM
http://www.businesswire.com/news/home/20240917457695/en