The integration is expected to enhance transaction monitoring and screening, risk scoring and case management, the companies said in a news release.
The equivalent of about $2 trillion is estimated to be laundered in a given year, according to the UN Office on Drugs and Crime. AMLYZE co-founder Jekaterina Govina said the new partnership allows the companies to combine their best attributes to help prevent global financial crime.
“For us, working with a well-established core banking platform like Skaleet is quite intuitive, as a lot of our work has to do with transaction processing,” she said in the news release. “To use an analogy, if Skaleet were a car, we would be the seatbelt, ABS and airbags.”