What we solve
KYC should fuel growth, not hinder it.
Inefficient KYC processes slow down your compliance teams and frustrate your customers with delayed onboarding. This often leads to them abandoning the process and going to your competitors. We understand these challenges, which is why we’ve created a solution using AI and automation to help compliance teams easily meet KYC requirements in one seamless flow.
How you'll benefit
Here's why we are the preferred KYC vendor for banks and financial institutions.
Global KYC Compliance
Comply across 184+ jurisdictions with automated customer verification flows and global PEPs, sanctions and adverse media screening.
AI-driven Fraud Prevention
Protect your institution with advanced AI-powered workflow for customer verification, AML screening, and risk assessment to prevent identity fraud.
Minimise False Positives
Achieve >95% match rate with advanced algorithms helping you make faster, more accurate compliance decisions.
Faster Onboarding
Onboard more customers in a fraction of the time with automation, so that you can focus your attention and resources on riskier clients.
Reduce Abandonment
Reduce process abandonment by more than 30% with a frictionless, remote onboarding experience that is available 24/7.
Flexible & Scalable
Tailor our KYC solution to fit your specific compliance and operational needs. Scale it effortlessly as your institution's KYC requirements grow.
184+
Jurisdictions & Territories Covered
21,000+
Identity Document Type Coverage
95%
False Positives
Reduction
3X
Shortened
Onboarding Cycles
Integrated KYC flow
Comply with ease and provide an exceptional onboarding experience
Fully integrated KYC workflow automation with advanced AI-driven fraud prevention and detection controls to help you meet evolving KYC requirements easily and provide a frictionless onboarding experience for your customers.
Prevent advanced identity fraud with multi-layered AI checks
Ensure your customers are who they claim to be with our advanced identity fraud prevention controls that leverages the latest artificial intelligence to effectively detect deepfake and spoofing attempts, empowering your team to swiftly and accurately verify identities.
Identify high-risk individuals and entities globally in real-time
Eliminate the risk of missing PEPs and sanctioned entities while cutting down on resource-intensive manual reviews, with accurate screening across a comprehensive list of global databases, watchlists, and adverse media sources that are always up-to-date.
Obtain actionable insights with dynamic risk assessments that align with FATF recommendations
Strengthen and speed up compliance decisions with AI-powered risk assessments that help compliance teams prioritise riskier customers and efficiently process lower risk ones. The KYC solution is also automatically updated to constantly meet evolving regulations.
Stay on top of emerging risks with continuous monitoring
Receive instant alerts to changes in your customer’s risk profile and take prompt action. Whether they are flagged on a sanctions list, exhibiting suspicious transaction behaviors, or have expiring documents, we help ensure your institution stays ahead of risks.
Customise and scale easily to meet evolving compliance needs
Choose modular features for customised compliance or opt for a complete, integrated KYC solution. Both options integrate smoothly via API, causing minimal disruption to your existing workflows. Moreover, our cloud-native architecture allows you to scale effortlessly to meet growing demands as your institution expands.
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What is Cynopsis Solutions?Cynopsis Solutions specialises in helping businesses digitise and simplify complex compliance processes, utilising advanced technologies to meet KYC, KYB, AML, and CFT requirements across multiple jurisdictions. Established in 2014 and headquartered in Singapore, our global footprint extends to Vietnam, the UK, and the USA. Our comprehensive solutions are meticulously designed in accordance with global FATF recommendations and are applicable in over 180 jurisdictions.
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What does Cynopsis Solutions offer?Our comprehensive services encompass Digital Onboarding, Risk Screening & Assessment, Customer Lifecycle Management, and Real-time Transaction Monitoring, all designed to streamline and automate the compliance process. Our end-to-end compliance products include: Ares - Digital Onboarding Artemis - Screening, Risk Assessment, Lifecycle Management Athena - Transaction Monitoring Iris - Balanced Scorecard (BSC) Framework
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Who can benefit from Cynopsis Solutions' services?Our solutions cater to a diverse range of clients which includes: Banking & Finance, FinTech companies, Blockchain firms, and Designated non-financial businesses and professionals (DNFBPs).
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What measures does Cynopsis Solutions take to ensure data security?Safeguarding our clients’ data is our top priority. We implement stringent physical, technical, and organisational measures to ensure its safety. Our Artemis system, operates on secure AWS EC2 servers within Amazon's cloud infrastructure. Additionally, our ISO/IEC 27001 certification confirms adherence to global standards for information security management systems, validating our practices and defences against cyberattacks and preventing unauthorised access to sensitive information.