What is Ixsight?

Ixsight delivers a comprehensive platform that leverages artificial intelligence to address critical needs in anti-money laundering (AML), compliance, and fraud risk management. Tailored for industries such as finance, insurance, healthcare, government, and retail, the software supports organizations in processing billions of records daily for KYC reverification, sanctions and PEP screening, identity resolution, and negative list compliance reporting.

The platform combines advanced data analytics, fuzzy data matching, and real-time address verification to ensure accurate onboarding, efficient compliance, and fraud detection. Flexible deployment options and seamless integration with business and transactional applications make Ixsight a reliable solution for both on-premise and cloud environments, supporting regulatory adherence and operational efficiency.

Features

AMLComplai Screening: Comprehensive sanctions, PEP, and AML list screening capabilities
KYC Risk Modeling: AI-driven risk evaluation and transaction alerting
Fraud Pattern Detection: Identifies fraudulent applicant behavior using data analytics
Digital Footprint & Face Match: Enhances KYC reverification with biometrics analysis
Third Party Risk Management: Monitors and assesses vendor and third-party risk
Real-time Data Quality APIs: Ensures data accuracy through automated validation
360° Identity Resolution: Unifies customer and entity data for holistic insights
Address Verification: Real-time scoring, correction, and deliverability evaluation
Compliance Classification: Automated rural/urban compliance reporting
Flexible Deployment: Available as cloud, on-premise, or hybrid solution

Use Cases

KYC reverification and customer onboarding for banks and financial institutions
Sanctions, PEP, and AML screening for regulatory compliance
Fraud detection and prevention in loan applications and insurance underwriting
Monitoring third-party and vendor risk for enterprises
Improving data quality and customer insights in retail, telecom, and healthcare
Address verification and delivery optimization for e-commerce logistics
Generating compliance reports for audit and regulatory requirements
Automating retrospective screening for financial service providers

FAQs

What is AML software, and what does it do?

AML software helps businesses and financial institutions detect and prevent money laundering by using algorithms and data analysis to identify suspicious transactions and customer behavior.
Why is AML software important for businesses?

AML software enables businesses to comply with legal requirements, safeguard reputation, avoid penalties, and maintain the integrity of their financial operations.
How does AML software detect money laundering activities?

It analyzes transaction data and customer patterns, searching for anomalies and high-risk indicators to flag potential illicit activities.
Who uses AML tracking software?

It is primarily used by financial institutions like banks and brokerage firms, as well as industries such as real estate, gaming, and fintech companies.
Can AML tracking software integrate with other systems?

Many AML tracking software solutions offer integration with core banking systems, CRM, and compliance tools for enhanced data sharing and compliance.