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What is Shift P&C Financial Crime Detection?

Elevate your initiatives in AML, KYC, and risk management compliance with a cutting-edge, AI-powered solution. Our platform enables insurers to efficiently identify entities and perform comprehensive checks against sanctions, watchlists, adverse media, and suspected fraudulent activities, effectively safeguarding against malicious actors while ensuring compliance with regulatory mandates in real-time. Although mandatory checks and reporting requirements can often slow down the purchasing process, Shift allows insurers to automate time-consuming tasks, resulting in quicker client onboarding. A single error could lead to significant consequences, such as financial losses, reputational harm, and potential legal issues. With Shift's forward-thinking approach, insurers can expand their coverage and enhance their confidence in their operational procedures. Additionally, the Shift Financial Crime solution utilizes a vast array of data to assess both individuals and organizations, removing the necessity for tedious manual searches through numerous data points to develop a detailed profile of prospective customers. This innovative technology not only empowers insurers to act rapidly but also equips them to make well-informed decisions that protect their business interests, ultimately leading to improved efficiency and security in their operations. As a result, insurers can focus more on growth and less on compliance hurdles.

What is Datonix?

Datonix minimizes the necessity for transferring data, incorporates built-in compliance capabilities, and facilitates real-time data operations, which is essential as moving data to locations like data warehouses can lead to considerable delays and elevated expenses. By leveraging the GRID architecture, Datonix can handle data processing without the need for relocation, thus removing these obstacles. In today’s environment, organizations frequently grapple with the burden of hefty investments and prolonged maintenance periods to keep their data management systems updated. Datonix proficiently fulfills all essential functions required to upgrade a database or manage an archive effectively. Unlike conventional data management solutions that emphasize real-time analytics and often require complex data operations along with significant processing power, Datonix utilizes innovative algorithms that greatly lessen the dependence on extensive processing resources. This results in a more efficient and cost-effective approach to data management, allowing organizations to allocate their resources more strategically. Ultimately, Datonix stands out as a transformative solution for modern data challenges.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Shift

Date Founded

2013

Company Location

United States

Company Website

www.shift-technology.com/products/financial-crime-detection

Company Facts

Organization Name

Datonix

Date Founded

2015

Company Location

Italy

Company Website

www.datonix.it/

Categories and Features

Categories and Features

Data Management

Customer Data
Data Analysis
Data Capture
Data Integration
Data Migration
Data Quality Control
Data Security
Information Governance
Master Data Management
Match & Merge

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