Arachnys and BAE Systems Partner to Provide Streamlined Compliance Investigations and Accelerate Client Onboarding

Arachnys’ Customer Risk Intelligence Platform with BAE Systems
accelerates AML compliance investigations,
streamlines KYC onboarding, ongoing due diligence and calculates
real-time risk scoring

the leader in Customer Risk Intelligence solutions for Client
Onboarding, Know Your Customer (KYC), Customer Due Diligence & Enhanced
Due Diligence (CDD/EDD) and Anti Money Laundering (AML), today announced
that it is partnering with BAE Systems, a proven enterprise solution
provider of advanced analytics, to address anti-money laundering and
compliance obligations and delivering accurate and efficient fraud
detection and prevention.

The partnership between BAE Systems’ NetReveal solution and Arachnys’
cloud-native Customer Risk Intelligence platform will enable mutual
customers to benefit from streamlined due diligence processes, ongoing
monitoring, improved KYC profile record completion and agile customer
risk scoring.

Arachnys’s dynamic capabilities to support KYC, remediate transaction
monitoring alerts and screen and monitor for negative events, give
financial institutions a faster and more accurate understanding of
ongoing risk across all customer populations. These capabilities
combined with NetReveal’sadvanced detection analytics,
investigator-centric design and modernized modular technology will
enhance investigations and speed up the adjudication of alerts,
integrated automated workflow capabilities (RPA), providing a single
source of beneficial ownership and corporate structures in line with
evolving regulations.

Ed Sander, President of Arachnys said:

“We are delighted to partner with BAE Systems to improve the security
and risk management of financial institutions. The comprehensive
capabilities of our Customer Risk Intelligence platform provides rapid
integration and solutions for a wide variety of customer risk evaluation
across KYC, CDD and AML use cases”.

Robert Harrison, Head of Product and Solutions, Financial Services,
BAE Systems Applied Intelligence

“Due to evolving regulations, it is taking longer to onboard customers,
NetReveal applies a faster, smarter, intelligence-led approach to KYC.
Our partnership with Arachnys will provide more efficient verification
and validation through data enrichment; driving down onboarding times,
improving operational efficiency and fighting financial crime.”

About Arachnys:

Arachnys is a leader in Customer Risk Intelligence. We harness the
world’s information to empower the investigative minds that secure our
world. Our cloud-native, customer risk intelligence platform enables
financial institutions worldwide to thwart bad actors, reduce
operational costs, accelerate topline revenue, decrease false positives
and reduce rejection and error rates. It ensures a firm’s KYC, AML and
CDD /EDD capabilities support regulatory compliance demands. Arachnys’
unique use of RPA and ML technologies garnered it a 2018 “KYC Category
Leader” rating from Chartis Research and placed it in the 2019 Chartis
RiskTech 100, which identifies and profiles the top 100 RiskTech global
providers. Arachnys is a valued member of the venture capital firm QED’s
RegTech portfolio.

Arachnys is the registered trademark of Arachnys Information Services,
headquartered in London with offices in New York. The Arachnys logos and
product brands are trademarks/service marks of Arachnys. For more
information please visit

About BAE Systems:

At BAE Systems, we provide some of the world’s most advanced technology
defense, aerospace and security solutions. We employ a skilled workforce
of 82,500 people in over 40 countries. Working with customers and local
partners, our products and services deliver military capability, protect
people and national security, and keep critical information and
infrastructure secure.

At BAE Systems Applied Intelligence, we help nations, governments and
businesses around the world defend themselves against cybercrime, reduce
their risk in the connected world, comply with regulation, and transform
their operations. For further information about BAE Systems Applied
Intelligence, please visit

For more information regarding BAE Systems’ fraud detection and
regulatory compliance solutions, visit
and for information on hot topics and new technologies in the banking
sector, subscribe to BAE Systems’ Banking Insights expert briefing


Arachnys, Lynne Morrice
(0) 7973 143330

BAE Systems, Nick Haigh
(0) 7525 390982

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