Napier's advanced screening tool supports St. James's Place financial crime defences
KUALA LUMPUR, Sept 7 (Bernama) -- Napier, provider of advanced financial crime compliance solutions, has partnered with one of UK’s top wealth management and financial planning specialists, St. James’s Place.
According to a statement, the partnership will upgrade SJP’s client and entity screening capabilities, strengthening and enabling agility within its financial crime compliance function.
“The regulatory landscape moves at a rate of knots, and organisations must be agile, continuously adapting their approaches to financial crime compliance,” said founder and chief executive officer at Napier, Julian Dixon.
“Napier’s customer screening solution enables faster screening and decision making, which is why SJP’s journey with us has already seen its use of our solution expand.”
Meanwhile, Group Money Laundering Reporting Officer at St. James’s Place, Chris Thomas said: “At SJP we prioritise offering the most secure and compliant financial services solutions, and part of that commitment is investing in the best and most robust technologies available to always stay one step ahead of financial criminals.”
With Napier’s AI-enhanced screening solution, St. James’s Place can leverage large-scale, ongoing customer screening and re-screening capabilities.
The solution provides SJP with the tools to continuously screen entities against global watch lists of sanctions, politically exposed persons, adverse media, as well as any internal whitelists and blacklists, across the entire organisation.
-- BERNAMA
