Delivering Business Value to Major Financial & Banking Institutions
Accuracy across Extraction & Validation Tasks
Reduction in manual effort involved in KYC/AML checks
Improvement in Turnaround Time
Revamp KYC and AML Processes with Best-In-Class AI-Based Automation
Smart digitization of customer declarations
Romulus smartly digitizes & extracts pertinent data from customer’s Formation Documents, Brokerage & Bank Statements, Source of Funds/Source of Wealth documents etc.
Cross-Validation with confidence
Romulus validates the extracted data against customer’s declarations and business policy requirements. Runs an inter, intra-document and third party databases checks for anomaly detection.
Information discovery for risk management
Romulus unlocks cross-selling/up-selling opportunities, automates data-lineage, pattern discovery to maintain responsiveness to compliance and risk mitigation.
Automates document gathering
Romulus, pre-trained on 125+ document types, can process unstructured/ structured documents and classify them based on their source, type, content or a combination thereof without manual effort at all
Ensures high accuracy regardless of document type
Romulus, unlike OCR, can auto-detect, validate and correct errors based on historical data, contextual clues and/or validation rules. It is maker-checker ready, that can enable human controls as necessary
Offers enterprise-grade security
Romulus is ISO 27001 certified and comes with enterprise-grade security, access control & audit trails that are compliant with financial services requirements
Romulus eased KYC at the largest private bank of Europe