The Future of 
Financial Crime Prevention

An end-to-end operating system designed for AML 
and fraud prevention

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So far so good, but how does it benefit your Financial Institution?

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100% Risk 
Coverage

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80% Faster 
Deployment

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Flexible Deployment Options

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50% Fewer False Positives

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100% Risk 
Coverage

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80% Faster 
Deployment

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Flexible Deployment Options

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50% Fewer False Positives

Key Features

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Context-Aware Modeling for fewer, higher-quality fraud alerts
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Comprehensive Solutions for FRAML Management streamlining workflows
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Identify Unique Financial Crime Patterns specific to different markets
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Rapid Ingestion and Operation of Scenarios from the AFC Ecosystem

What all can you do with FinCense ?

Transaction Monitoring

Comprehensive risk detection using AI and typology-based approaches for efficient alert management.

Key Benefits:

  • 100% risk coverage
  • 45% better alert yield
  • 50% reduction in onboarding time for new scenarios
  • 90% reduction in false positives

Customer Risk Scoring

Dynamic and continuous risk scoring for holistic customer activity analysis.

Key Benefits:

  • 99% of material alerts accurately identified
  • 60% net reduction in high-risk customers
  • Advanced customer segmentation
  • Self-learning mechanism

Screening

Real-time and continuous screening against PEP, Sanctions, Adverse Media watchlists.

Key Benefits:

  • 60-90% reduction in false positives
  • Supports 24 languages and 14 scripts
  • Matching across multiple customer attributes
  • In-built prioritization engine

AI Alert Prioritization Agent

Prioritize alerts to enhance efficiency using ensemble machine learning models.


Key Benefits:

  • Alert prioritization and scoring
  • Glass-box transparency for alert explanations
  • Built-in champion challenger framework
  • Reduced false positives

Fraud Prevention

Detect and prevent fraudulent transactions as they occur with AI-powered anomaly detection.

Key Benefits:

  • Millisecond response times
  • Advanced pattern recognition
  • Multi-channel fraud detection
  • Continuous learning from new patterns

Case Manager

Centralized platform for managing alerts and cases across AML and fraud programs.

Key Benefits:

  • Case creation and assignment
  • Automation for case management processes
  • Comprehensive investigation support
  • 24/7 visibility into operations

Tookitaki Data Science Studio

Powers all AI/ML capabilities in the FinCense platform, ensuring continuous improvement and compliance with regulatory requirements.

Multiple Model 
Support

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Supports multiple regression and classification models for both supervised and unsupervised machine learning.

Self-Learning Capabilities

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Auto threshold tuning and automated self-learning capabilities ensure continuous improvement of models.

Explainable AI (XAI) Framework

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Patent-pending XAI framework provides transparency and interpretability of AI models for regulatory compliance.

Regulatory 
Compliance

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Designed to meet and exceed regulatory requirements for AI-based financial crime prevention systems.

Multiple Model 
Support

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Supports multiple regression and classification models for both supervised and unsupervised machine learning.

Self-Learning Capabilities

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Auto threshold tuning and automated self-learning capabilities ensure continuous improvement of models.

Explainable AI (XAI) Framework

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Patent-pending XAI framework provides transparency and interpretability of AI models for regulatory compliance.

Regulatory 
Compliance

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Designed to meet and exceed regulatory requirements for AI-based financial crime prevention systems.

Partners who have trusted Us

Flexible Deployment Options for Your Needs

Choose the deployment option that works best for your institution.

Data Center for 
Full Control

Maintain full control over your infrastructure with an on-premise deployment. Secure, customizable, and tailored to your internal compliance needs.

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Cloud (AWS & 
Google Cloud)

Leverage the cloud infrastructure preferred by the majority of our clients. Scalable, secure, and highly available enabling seamless integrations with your existing systems.

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Hybrid Approach

Enjoy the best of both worlds with a hybrid deployment, combining the flexibility of the cloud with the security and control of on-premise systems.

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Trusted by Industry Leaders

Discover detailed insights into our technology, real-world use cases, and customer success stories.

Compliance Office of a Singapore Bank​

The area of AML requires constant vigilance and continual enhancement. The use of RegTech such as Tookitaki’s FinCense enables us to augment our ability to identify actionable alerts and minimise false positives. These sharpen the accuracy and effectiveness of our AML risk management.

View case study

50%

Reduction in false positives

~45%

Reduction in overall compliance cost

Digital Bank Client

For a new business like ours, Tookitaki's FinCense has been a perfect partner to help us effectively manage our compliance needs.

View case study

100%

Risk coverage for transactions

50%

Reduction in time to onboard to new scenario

Payment Services Client

FinCense's ability to detect AML and fraud risk accurately in real time allows us to maintain the performance of the system at scale. It has been a game-changer for us.

View case study

70%

Reduction in effort on threshold tuning and scenario testing

90%

Reduction in false positives

E-Wallet Client

Tookitaki helped us simplify our compliance operations by providing us with a single platform that effectively manages all fraud and AML processes.

View case study

90%

Accuracy in high-quality alerts

50%

Reduction in time to onboard to new scenario

Our Thought Leadership Guides

FinCrime Reports

Powering the Next-Gen of AML Technology with AI

This Tookitaki report elucidates how our solution complements the existing rules-driven primary system for easy operationalisation.Download our whitepaper to understand:The challenges arising from incremental adjustments to existing systems and current alerts management processesThe criticality of smart alert management to augment efficiency and effectiveness in AML processesThe framework to operationalize an AI-driven transaction monitoring solution into existing financial crime prevention ecosystemsUse cases to validate the productivity gains and returns FIs have garnered when the solution was deployed in productionThe example of a Tier-1 bank that saved over US$1 million through enhanced productivity in the alert management process.

Powering the Next-Gen of AML Technology with AI
FinCrime Reports

The Paypers Financial Crime and Fraud Report 2023

The Paypers Financial Crime and Fraud Report 2023This report, brought to you by The Paypers, gathers the brightest minds in the industry to explore challenges, opportunities, and best practices in combating financial crime and fraud.Within the report, Tookitaki Founder and CEO Abhishek Chatterjee explains the trends he has spotted permeating the financial crime landscape in South-East Asia in the last 12 months. He also reveals how Tookitaki’s two innovative platforms i.e., AFC Ecosystem and AML Suite, are revolutionising the fight against fincrime by promoting a collaborative, community-based approach to prevention.

The Paypers Financial Crime and Fraud Report 2023
FinCrime Reports

The Role of Anti-Money Laundering Software in AML Compliance

The Role of Anti-Money Laundering Software in AML ComplianceAn anti-money laundering software (AML software) is a technology solution that helps financial institutions and other regulated entities to prevent, detect and report money laundering and related crimes in compliance with the requirements of regulators.Financial institutions use anti-money laundering software solutions as part of a broader AML compliance programme. These solutions are implemented taking into account each financial institution’s unique AML risk profile. Anti-money laundering software solutions are valuable tools for institutions worldwide in the fight against financial crime as they facilitate faster and more accurate compliance and investigations.AML tools help financial institutions implement their AML programmes, which involve many diverse processes. The processes ensure that a customer’s profile and financial behaviour are not against the AML laws of the land. Broadly, AML software solutions increase the effectiveness and efficiency of these processes.AML software solutions help financial institutions to stop doing business with high-risk people and entities, prevent or detect suspicious activities in their platforms, reduce false positives in workflows and assist in reporting suspicious activities and transactions.

The Role of Anti-Money Laundering Software in AML Compliance

FAQs

How can I book a demo for Tookitaki's FinCense?

You can book a demo for Tookitaki's FinCense by contacting our sales team.

What are the key features and functionalities of FinCense offered by Tookitaki?

You can book a demo for Tookitaki's FinCense by contacting our sales team.

How can FinCense help my organization in detecting and preventing money laundering activities?

You can book a demo for Tookitaki's FinCense by contacting our sales team.

Are there any specific industry regulations or compliance standards that FinCense caters to?

You can book a demo for Tookitaki's FinCense by contacting our sales team.