Minerva: AI-Powered AML Risk Screening for Modern Compliance

Minerva is an AI-powered platform designed to revolutionize Anti-Money Laundering (AML) compliance by automating risk screening and ongoing monitoring. Built for compliance teams, Minerva leverages proprietary AI trained by AML experts to analyze billions of data points, reducing false positives by 75% and automating up to 97% of screening activities. The platform provides comprehensive screening for sanctions, PEPs, and adverse media, with features like intelligent alert management, shared alert queues, and configurable ongoing monitoring. By integrating seamlessly via API and offering human-like judgment through neural networks, Minerva enables faster decision-making and significantly reduces manual workload. Its robust security compliance with standards like SOC 2, ISO-27001, GDPR, and CCPA ensures trust and reliability for financial institutions and enterprises.

Key Features:

• AI-Powered Screening: Uses neural networks trained by AML experts to analyze 4.5 billion live data points for sanctions, PEPs, and adverse media.
• False Positive Reduction: Achieves 75% reduction in false positives compared to traditional solutions.
• Automated Onboarding: Automates up to 96% of client onboarding without manual review.
• Intelligent Alert Management: Remembers past decisions and resolves alerts 4x faster than manual research.
• Shared Alert Queue: Enables collaborative alert actioning across teams.
• Configurable Monitoring: Supports scheduled ongoing monitoring with customizable workflows.
• API Integration: Easily integrates with existing compliance systems and data sources.
• Compliance & Security: Compliant with SOC 2, ISO-27001, NIST, GDPR, PIPEDA, CIS CSA, and CCPA.
• Screening Analytics: Provides insights into screening performance and risk trends.
• Batch Upload: Supports bulk processing of client data.
• Sanctions List Source Selection: Allows users to choose preferred data sources.

Pricing: Minerva offers a free demo and a subscription-based model, with pricing available upon request. The platform is designed for scalability and enterprise use, with options tailored to different organizational needs.

Conclusion: Minerva is a cutting-edge AI solution that empowers compliance teams to fight financial crime with greater accuracy, speed, and efficiency. Its innovative technology and robust feature set make it an essential tool for modern financial institutions and enterprises committed to strong AML practices.