“Lynx Tech has taken its deep expertise in applying Big Data machine learning and AI in the world of fraud and applied it effectively to watchlist monitoring,” says Nick Vitchev, Research Director at Chartis. “Its solution applies proprietary machine learning technologies to augment watchlists in a configurable manner that is explainable to regulators, and delivers similarity scores in real-time with speed and accuracy – and we expect it to make significant strides in the market in the near future.”
“Lynx’s appearance in our inaugural FCC50 ranking reflects an ability to transition its knowhow and standing in the area of fraud detection into AML and beyond. Alongside a robust platform that incorporates a large number of risk signals and enables high scalability and flexibility, Lynx’s sophisticated models and tuning capabilities, underpinned by an AI-first approach, enable it to solve challenges in some of the most complex use cases and markets.”
“We’re proud to have received two forms of recognition for our solution from Chartis Research in the past couple of months. These accolades represent our commitment to remaining vigilant, agile, and customer-focused, leveraging technology to deliver innovative solutions that address the dynamic requirements of sanctions screening and AML.”
“Incredibly proud that Lynx Tech’s AML solution suite has been recognized by Chartis,” adds Alyssa Iyer, Head of Product for AML. “This acknowledgment highlights our dedication to reshaping compliance and financial crime prevention with pioneering AI technologies.”
