Ondato, a company that streamlines KYC and AML-related operations utilizing cutting-edge AI technologies announced today that it has partnered with Radix Compliance Ltd, a Maltese company that is a part of the Radix Malta Group and focuses on providing AML and KYC outsourcing, drafts AML-related policies and processes, and conducts Business Risk Assessments and independent AML or Compliance audits. The automated solutions from Ondato will be made available by Radix as part of their work with clients in order to raise the mitigation levels for businesses subject to specific AML regulatory requirements.

Recognizing the advantages of incorporating Ondato's solutions into internal practices to combat money laundering and terrorism financing. Radix Compliance will introduce Ondato's automated onboarding capabilities to its clients. This will aid in further streamlining business procedures and produce quicker, safer, and more seamless services. Radix Compliance will distribute Ondato's technology in Malta, Liechtenstein, Armenia, the UK, and the EU/EEA.

"We are excited to partner with Radix Malta and introduce our automated onboarding tool to their network of customers," said Ondato CEO Liudas Kanapienis. "We are confident that this partnership will prove to be very beneficial for all."

Radix Compliance Director John Caruana stated, "We are thrilled to be working with Ondato and to offer their innovative solution to our customers. This partnership will help us better serve our clients and provide them with the best possible compliance solution."