Case Study: Nexo achieves 93% fewer false positives with Unit21

Nexo cuts false positives by 93% with Unit21

Nexo, a global digital assets platform, was facing significant challenges with its fragmented, in-house AML compliance systems. These systems generated an overwhelming number of false positives, relied on multiple disconnected tools, and provided delayed customer risk ratings that slowed down onboarding and investigations. To overcome these inefficiencies, Nexo partnered with Unit21 to implement its Transaction Monitoring, Case Management, and Customer Risk Rating solutions.

By implementing Unit21's no-code platform, Nexo consolidated its AML operations and leveraged AI Agents to automate workflows. The results were transformative, including a 93% reduction in false positives and the automation of 57% of alert reviews. This allowed Nexo's analysts to focus on high-risk investigations and provided real-time risk visibility, enabling the company to scale its compliance confidently across global markets.

Nexo