Napier AI Continuum Listed on Microsoft Marketplace

Napier AI, a London-based RegTech firm specializing in financial crime compliance technology, has made its Continuum platform available on Microsoft Marketplace. The marketplace allows businesses to source vetted cloud tools and AI applications directly.

With Continuum listed on the platform, Napier AI's existing and prospective customers can now find and deploy the offering with easier integration and centralised management alongside Microsoft Azure and other services. Buyers can procure the entire suite or select individual modules covering client screening, transaction screening, and transaction monitoring.

Continuum is designed to strengthen how banks and regulated firms handle know-your-customer checks and anti-money laundering obligations using next-generation screening and monitoring tools combined with AI built specifically for financial crime use cases.

Napier AI cited its own research that global money laundering losses hit roughly $5.5tn last year, equivalent to around five per cent of worldwide GDP. The company suggested adopting AI-based compliance systems could allow regulated firms to cut costs by as much as $183bn annually, while economies globally could recoup upwards of $3.3tn a year through reduced illicit financial flows.

Napier AI also highlighted that eligible customers buying Continuum through Microsoft Marketplace can count that spend towards their existing Azure Consumption Commitment, giving firms an added way to make use of their committed budgets.