Finance in Motion teams up with Napier AI to enhance AML efforts in impact investing

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Napier AI is set to enhance Finance in Motion’s operations by integrating its Client Screening solution and Client Risk Assessment module within the Napier AI Continuum platform. This initiative is aimed at bolstering Finance in Motion’s growth and enabling the firm to focus on generating positive change in emerging markets through impact investments.

The Napier AI platform offers several innovative features that Finance in Motion will benefit from, including API-enabled, cloud-native automated client screening which supports transliteration across 22 languages, AI fuzzy matching, and secondary scoring capabilities. Additionally, the platform offers a user-friendly interface with customisable workflows, a sandbox environment for optimising screening configurations, and configurable dashboards that facilitate efficient decision-making through no-code rule building and AI insights.

Impact investing is crucial for addressing global challenges and achieving the United Nations’ Sustainable Development Goals. Specifically, the 8th goal aims to promote ‘Decent work and economic growth’ by taking immediate and effective measures against forced labour, modern slavery, human trafficking, and the worst forms of child labour. Finance in Motion is dedicated to this cause, ensuring that the funds they manage are not only invested responsibly but also safeguarded against financial crime through robust AML controls.

Sylvia Wisniwski, Managing Director at Finance in Motion, emphasized the importance of their duty to ensure that all capital raised is used precisely for intended impact investments in emerging markets. She said, “Like any institution, we have a duty to ensure that the public and private capital raised is used exclusively for the intended objectives, in our case impact investments in emerging markets. Accordingly, regulation requires effective measures to prevent funds from being used to finance criminal activities. The collaboration with Napier AI allows us to efficiently query data through automated processes and integrated systems.”

Greg Watson, CEO of Napier AI, expressed pride in their partnership with Finance in Motion. He said, “Napier AI is proud to join forces with Finance in Motion to use next generation technology to make a positive impact on the planet. The key to dismantling criminal networks lies in cutting off their sources of revenue entirely by correctly identifying accounts, transactions, and behavioural patterns associated with financial crime. Napier AI’s cutting-edge compliance solutions supercharge Finance in Motion’s mission to generate positive change in emerging markets with automated client screening.

Napier AI is a pioneering RegTech company providing anti-money laundering and financial crime compliance software to the banking, payments, and wealth & asset management sectors. With a client base of over 150 institutions globally, Napier AI Continuum is transforming compliance into a strategic advantage.

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