Greenlite is a revolutionary AI platform that focuses on financial crime. It automates repetitive financial compliance work, enabling users to scale with remarkable efficiency. Trusted by leading financial institutions, it takes on the L1 work that often slows down teams.
When it comes to handling screening alerts, Greenlite automates the research for sanction, PEP and adverse media alerts. This allows investigators to complete more high-quality reviews in less time. In transaction monitoring, it helps investigators analyze case details faster and with better documentation.
For customer due diligence, Greenlite reviews customer documentation, financial statements and web presence swiftly to assess new risks. It also automates onboarding reviews like KYC and KYB that were previously manual, facilitating faster onboarding of good customers.
Moreover, Greenlite offers various other workflows such as partner diligence, third-party risk management, website forensics and more. It is designed to work seamlessly with existing systems. It connects to case management systems via its robust API and webhook platform, while also learning and following the existing policies and procedures to create detailed and auditable reports.
By automating manual and repetitive tasks, it can reduce the time-per-case by 70 - 90%. This frees up teams to focus on areas that need more attention, speeding up casework, optimizing and scaling operations, and keeping costs low.
Built for highly regulated financial institutions, Greenlite has excellent audibility and record keeping. It is SOC 2 Type II Compliant and turns compliance into a competitive advantage. It helps eliminate backlogs, risks, and manual work, while also improving the customer experience and allowing for flexible scaling.
