Case Study: AUSIEX achieves seamless onboarding and stronger compliance with ComplyAdvantage

AUSIEX reduces false positives and scales onboarding with ComplyAdvantage

Ausiex, an Australian stockbroking firm, faced the challenge of balancing rigorous anti-money laundering (AML) compliance and customer due diligence with the need for a fast, seamless client onboarding experience. Their legacy systems caused high volumes of false positive alerts, manual work, and delays. To address this, Ausiex partnered with ComplyAdvantage to implement its customer screening and ongoing monitoring solutions.

ComplyAdvantage provided a dynamic, AI-powered platform featuring automated risk scoring and consolidated customer data, which significantly reduced false positives and improved efficiency. The solution allowed Ausiex to meet all regulatory requirements while scaling its onboarding process. The vendor's responsive support and technical expertise were crucial to the partnership's success, leading Ausiex to plan for further adoption of ComplyAdvantage's modules.

Ausiex