Overview
What is Lucinity?
Lucinity is an AI-powered platform designed by Lucinity Group ehf to streamline and enhance financial crime prevention and compliance processes. According to the vendor, it caters to companies of all sizes, including startups, scaleups, and enterprise-level organizations. Lucinity aims to support compliance...
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Get StartedPricing
Basic
$54,000
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Product Details
- About
- Tech Details
What is Lucinity?
Lucinity is an AI-powered platform designed by Lucinity Group ehf to streamline and enhance financial crime prevention and compliance processes. According to the vendor, it caters to companies of all sizes, including startups, scaleups, and enterprise-level organizations. Lucinity aims to support compliance professionals in various industries, such as financial institutions, payment service providers, fintech startups, and challenger banks, helping them manage compliance and mitigate financial crime risks effectively.
Key Features
Actor Intelligence: According to the vendor, users can dive deep into account overviews, gain a comprehensive view of customer profiles, and interpret data effortlessly through visual displays.
Workflow Management: The vendor claims that Lucinity simplifies the review process, generates compelling stories, facilitates seamless transitions between investigation and reporting stages, and fosters collaboration.
Luci AI-powered Copilot: The vendor states that Luci provides tailored summaries and narratives, offers coaching capabilities for consistent reviews, and enhances reporting with thorough and timely regulatory reports.
Transaction Monitoring: According to the vendor, Lucinity offers complete coverage with flexible, behavior-based risk screening, clear decision-making with explainable artificial intelligence, and a deep understanding of financial behaviors through data retrieval.
Regulatory Reporting: Users can streamline the handling of suspicious activity reports (SARs), review, update, and file SARs from a single connected interface, and organize SAR cases into narratives for reporting, as claimed by the vendor.
Security: The vendor emphasizes that Lucinity prioritizes the security needs of customers with robust security measures, aligns with the highest security standards, and ensures responsible AI development and ethical practices.
API Documentation: According to the vendor, Lucinity provides modern and open APIs for easy integration with third-party systems, enabling users to illuminate multiple data sources for smarter decision-making. The vendor also offers detailed guidance for developers to leverage Lucinity's capabilities and enhance the efficiency of compliance operations.
Lucinity Features
- Supported: Behavioral Analytics
- Supported: Reporting/Analytics
- Supported: Transaction Monitoring
- Supported: Case Management
- Supported: Compliance Management
- Supported: Compliance Tracking
- Supported: Fraud Detection
- Supported: Investigation Management
- Supported: Risk Management
- Supported: SARs
- Supported: Workflow Management
- Supported: Audit Management
- Supported: Operational Risk Management
- Supported: Risk Analysis
Lucinity Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
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Operating Systems | Web-Based |