Enhancing AML efforts in impact investing
In brief:
- Finance in Motion, a leader in impact asset management, has partnered with Napier AI to implement the Napier AI Continuum as their chosen platform for anti-money laundering and counter-terrorist financing (AML/CTF).
- Napier AI is set to enhance Finance in Motion’s operations by integrating its Client Screening solution and Client Risk Assessment module within the Napier AI Continuum platform.
- This initiative is aimed at bolstering Finance in Motion’s growth and enabling the firm to focus on generating positive change in emerging markets through impact investments.
What does this mean?
Sylvia Wisniwski, Managing Director at Finance in Motion, emphasized the importance of their duty to ensure that all capital raised is used precisely for intended impact investments in emerging markets. She said, “Like any institution, we have a duty to ensure that the public and private capital raised is used exclusively for the intended objectives, in our case impact investments in emerging markets. Accordingly, regulation requires effective measures to prevent funds from being used to finance criminal activities. The collaboration with Napier AI allows us to efficiently query data through automated processes and integrated systems.”
