Partner Ecosystem Series: ComplyAdvantage
ComplyAdvantage is a leading RegTech company specializing in AI-driven financial crime risk detection and compliance data. Its platform offers a suite of advanced tools powered by “ComplyData,” a hyper-scale database of risk intelligence that identifies thousands of risk events daily from millions of data points. In practice, over 3,000 enterprises across 75 countries rely on ComplyAdvantage’s real-time sanctions screening, politically exposed persons (PEP) monitoring, adverse media checks, and fraud detection solutions.
By leveraging machine learning and natural language processing, ComplyAdvantage continuously ingests global watchlists and news to keep compliance teams informed of emerging risks. This modern, API-ready approach makes ComplyAdvantage a powerful, scalable solution for fintechs seeking to neutralise money laundering, terrorist financing, corruption, and other financial crimes in their customer base. In short, ComplyAdvantage’s AI-driven compliance engine and rich data resources position it as an innovative compliance solution that far outstrips legacy, manual screening processes.
How Integrated Finance amplifies ComplyAdvantage: Integrated Finance (IF) provides an orchestration layer that seamlessly embeds ComplyAdvantage’s capabilities into a fintech’s core workflows. The IF platform is built with a compliance-first approach, offering automated, customisable financial workflows that ensure every applicant and transaction can be screened and approved in real-time.
Using IF’s programmatic ledger, firms can record and audit all money movements alongside compliance checks, ensuring that any transaction flagged by ComplyAdvantage (e.g. a sanctions hit) is logged and prevented from settling until cleared. Moreover, IF’s workflow engine allows fintech developers to incorporate ComplyAdvantage’s API calls at crucial decision points – for example, automatically running an counterparty screening whenever a qualifying event occurs for example if a large payment is initiated.
This orchestration is achieved without the fintech needing to integrate directly with the ComplyAdvantage API; the IF Connection handles the integration and can add or switch account service providers on demand. The result is an end-to-end compliant infrastructure: ComplyAdvantage’s rich risk data informs every step of the customer journey, from onboarding to ongoing monitoring, while IF’s platform automates the enforcement of those compliance decisions across all applicants and wire transactions.
By assembling multiple components into one infrastructure, IF saves companies significant time and cost (up to 12–18 months of development and £1.5M, according to industry estimates ) in building a compliant fintech stack. The synergy of ComplyAdvantage’s AI-driven risk intelligence with Integrated Finance’s orchestration and compliance-by-design architecture gives fintech founders a sound, yet practical, blueprint for managing financial crime risk efficiently and at scale.