Sibos 2025: Cleversoft Unveils Innovative AI-Powered Transaction Surveillance and Compliance System
In a significant move, Cleversoft, a leading RegTech provider headquartered in Munich, has announced the launch of a joint platform with Fineksus, a long-standing SWIFT partner, at the upcoming Sibos 2025 in Frankfurt am Main from September 29 to October 2.
The joint platform aims to combine the expertise of both companies, creating a Financial Messaging Suite with integrated AI for real-time fraud prevention and compliance. This innovative solution is designed to optimize, ensure legal compliance, and provide scalable cross-border payments and financial communication for customers.
Florian Clever, the founder and CEO of Cleversoft, has emphasized the importance of Financial Crime Prevention in the modern financial landscape. To this end, Cleversoft's services include Financial Crime Prevention, which has been expanded through the acquisition of several specialized providers in recent years. The joint platform is designed to facilitate faster identification of suspicious activities for financial institutions, aiming to reduce the number of false alarms and ensure high cost-benefit efficiency in compliance.
Cleversoft offers automated solutions for optimizing business-critical compliance processes. The company supplies financial institutions with solutions for data management, regulatory data calculations, and document creation, ensuring compliance with various regulations such as ESG/SFDR, CSRD, MIFID II, 6AMLD, Solvency II, IFRS 17, PRIIPs, IORP, and others.
Following the acquisition of Fineksus by the Cleversoft group at the beginning of the year, Fineksus brings its proven Financial Messaging Services to the European market. Fineksus is known for its best-in-class solutions, and as a SWIFT partner, it has a strong track record in the field.
Cleversoft's European headquarters, like its counterpart in Munich, will also optimize, ensure legal compliance, and provide scalable cross-border payments and financial communication for customers. The company's global footprint includes additional offices in Frankfurt, Luxembourg, Amsterdam, The Hague, Malta, Sofia, Seville, Istanbul, Dubai, and Kuwait.
In addition to its European expansion, Cleversoft provides cloud-based RegTech services to financial institutions worldwide. With Cleversoft's solutions, financial institutions can streamline their compliance processes, ensuring they remain compliant with the ever-evolving regulatory landscape.
As the financial industry continues to evolve, the need for robust and efficient compliance solutions becomes increasingly important. With its innovative joint platform, Cleversoft and Fineksus are poised to meet this need, offering a comprehensive solution for financial institutions seeking to navigate the complex world of regulatory compliance.
