Case Study: Freetrade achieves scalable ongoing customer screening with ComplyAdvantage

Freetrade drives global growth with comprehensive, flexible ongoing customer screening

Freetrade, an investment company helping users invest simply and affordably, needed to move beyond screening customers only at onboarding as it expanded into new jurisdictions and faced increasingly complex sanctions and PEP risk. It partnered with ComplyAdvantage for ongoing customer screening to better support its financial crime compliance obligations.

ComplyAdvantage provided Freetrade with flexible, tailored ongoing screening and monitoring, along with up-to-date sanctions and PEP data, including relatives and close associates. The solution helped Freetrade focus on higher-risk alerts, reduce false positives by around 50%, and scale more efficiently while staying aligned with its risk-based approach.

Freetrade

Denzel Akuffo

Financial Crime Lead