Ondato: Launches automated AML risk scoring
- Ondato is a tech company that streamlines KYC and AML-related processes using cutting-edge AI solutions tools
- Announces the launch of Risk Scoring, an automated tool for companies to identify and manage customer-associated risk better
- The new tool reduces high acceptance and rejection error rates associated with manual AML customer risk assessment
- Risk Scoring delivers an advisory risk assessment that gives financial institutions a significantly better understanding
- It shows each customer’s risk score, enabling companies to make informed decisions about how to manage that risk
- The solution is fully integrated in the OS platform, which covers the entire customer onboarding cycle
