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Tuum forms partnership with ComplyAdvantage,

Tuum, a leading next-generation core banking platform, is proud to announce its partnership with ComplyAdvantage, a leader in financial crime intelligence.

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This strategic partnership leverages Tuum’s API-first approach to integrate best-of-breed complementary solutions, ensuring that financial institutions can meet their unique needs effectively and efficiently with a modern solution, providing advanced tools to detect and prevent financial crimes seamlessly.

Delivering Modern, Best-of-Breed Solutions

Tuum’s API-first and cloud-native architecture enables seamless integration with top-tier technology solutions. While this partnership with ComplyAdvantage helps financial institutions quickly adapt to regulatory changes and improve their compliance posture, Tuum also integrates with other best-of-breed solutions to deliver a comprehensive end-to-end proposition beyond core capabilities. By partnering with ComplyAdvantage, Tuum expands its platform’s capabilities to offer robust, real-time financial crime detection and compliance solutions. This partnership underscores Tuum’s commitment to providing comprehensive, region-specific solutions that are deployed quickly and address the complex regulatory requirements of the financial industry.

Tuum clients will gain access to an array of sophisticated compliance solutions, including:

  • Real-Time AML Screening: Automated, real-time monitoring to swiftly identify and report suspicious transactions.
  • Holistic Risk Assessment: Utilizing AI and machine learning for comprehensive risk evaluation and actionable insights.
  • Efficient Onboarding: Streamlined, compliant customer onboarding to save time and reduce costs.

“We are delighted to partner with Tuum to offer our advanced, AI-driven financial crime intelligence products alongside Tuum’s core banking platform. We believe every financial institution can – and must – have access to best-in-class risk management solutions. This partnership is an important milestone on that journey,” said Kanisha Patel, Global Partnerships Lead, ComplyAdvantage.

Jean Souto, VP Global Partnerships at Tuum, stated, “This alliance with ComplyAdvantage allows us to provide our clients with unparalleled compliance solutions, reinforcing our commitment to delivering cutting-edge, adaptable banking technology. By leveraging our cloud-native platform and partner marketplace, we can deploy end-to-end regional solutions quickly and flexibly, ensuring financial institutions are equipped with the necessary tools to operate efficiently and competitively in their respective regions. This modern approach enables faster compliance, reduces business risk, and increases operational efficiency, empowering financial institutions to meet regulatory demands head-on while driving their business forward.” 

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