The Clovis AML Platform
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
Overview
Clovis provides a holistic, AI-based application that combines analysis, investigation, reporting functions and intuitive interfaces customized to dynamically meet your AML needs. Additionally, the experienced Clovis team works with you to build and maintain data stores and analytics that provide alerts based on the risk profile of your institution.
Key Features
Acquiring and keeping customers in this new environment exposes banks to vulnerabilities that they have not experienced before.
Clovis Technologies' AI-enhanced AML/CFT detection software helps you address new challenges by providing:
- Rapid Model Integration - Upload, test, and implement AML models in minutes. Immediately begin monitoring data with new analytics and assigning alerts to investigators.
- Single Platform Collaboration - Combine multiple data systems into one platform for easy retrieval of information and provide real-time updates between investigators, analysts, and managers. Graphical interfaces give quick views of activity and links to details for use in research.
- ClovisQ - Proprietary AI-enabled AML risk score that combines a customer’s demographics, industry, location, transactions, and interactions with investigator actions to update risk scoring in real time as patterns emerge.
- On-Demand Reports & FIU Submissions - Standardized report templates include automatically populated key data points to ensure management and FIUs receive consistent reporting. Consolidated, easy-to-query data sources let you quickly run external and internal audits.
Contact us at info@clovistechsf.com to schedule a demo of the Clovis platform today.
Key Benefits
Current AML Software vs. The Clovis Platform
1. Current AML Software - AI is either non-existent, misapplied, and/or very limited in scope leading to high false positives & low resolution velocities.
The Clovis Platform - The AI developed by Clovis takes a holistic approach and includes not only customer transaction activities but investigator, analysts and supervisor behaviors. Learning from those who use the system, Clovis can formulate better alerts to lower false positives, increase resolution velocities and help users become faster and smarter at the tasks they are performing.
2. Current AML Software - Software companies usually employ a “black-box” structure where new models can take weeks, if not months, to be installed on the system by the vendor, delaying important updates as new criminal patterns are detected.
The Clovis Platform - Our platform allows users to easily and quickly install and test new models in real time. Allowing for faster integration of better quality alerts as new information become available.
3. Current AML Software - Platforms have a delay in receiving records from external data stores in that either information needs to be manually moved from an external system and/or wait for overnight processing due to the limited capabilities of the software.
The Clovis Platform - Clovis integrates the financial institution’s data into the platform in real time. No need to manually input data and/or wait for information uploads. As records update, Clovis will update as well.
4. Current AML Software - Investigators are sent alerts without an understanding of why the alert was triggered and/or the best path to investigate the alert.
The Clovis Platform - ClovisQ is the proprietary AI enhanced scoring system the Clovis platform uses to rank alerts, accompanied by clear indicators as to why a customer may be suspicious.
5. Current AML Software - No/limited capabilities to see stats on investigator workflow (number of open/closed alerts, decisions, time spent on alerts, etc.).
The Clovis Platform - Clovis gives managers the ability to review their team stats in real time including individual performance. Managers can use this information to make strategic decisions including additional training based on a person’s strengths/challenges skill set
6. Current AML Software - SARs and/or requested audit documentation must be manually written, researched and submitted. This can take weeks, if not months, for a financial institution to coordinate.
The Clovis Platform - Besides the ability to pull all information requested for an audit in just minutes, Clovis can compose and electronically submit effective SARs using the information gather on an alert including documentation and notes to the bank’s regional FIU. This will allow AML personnel more time to focus on investigations and detection instead of administration work.
