Clari5 AML vs Fiserv AML Risk Manager
Clari5 AML
clari5.comFiserv AML Risk Manager
fiserv.comSide by side
| Figure | Clari5 AML | Fiserv AML Risk Manager |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | — |
| Linux | Yes | — |
| Self-hosted | — | Yes |
| Plans published | 1 | 1 |
| Spec score · AML Compliance Software | 7.5 (#10) | 7.6 (#8) |
| False positives | The AML page says the solution has proven low false-positive rates and can reduce operational investigation costs. | For financial institutions, Fiserv says advanced analytics can minimize false positives and prioritize alerts. |
| Headquarters | Bengaluru, India | Milwaukee, Wisconsin, United States |
| Integrations | Clari5 says it can integrate with onboarding systems and external company-data providers such as D&B and Bureau van Dijk. | The watch list filtering feature can screen custom lists and lists provided by third-party data service providers. |
| Intended users | Clari5 describes its AML solution as serving banks and financial institutions. | Fiserv describes the solution for financial institutions, insurance companies and investment firms. |
| Purpose | Clari5 AML helps banks and financial institutions automate AML/CFT compliance and monitor suspicious activity in real time. | AML Risk Manager helps financial institutions, insurance companies and investment firms detect, manage and report suspicious activity. |
Plans
In their own words
Clari5 AML
Clari5 AML helps banks and financial institutions automate anti-money-laundering and counter-terrorist-financing compliance while monitoring suspicious activity in real time. Its suite covers customer risk categorization, onboarding and ongoing due diligence, enhanced checks for higher-risk customers, and transaction monitoring with pre-packaged AML scenarios. Screening supports sanctions and watch lists, fuzzy and exact identity matching, and provider or internal lists. Other modules include entity identity resolution and link analysis, regulatory reporting, and case management. Reports include CTR and STR/SAR; goAML provides web-based filing workbenches for PO/MLRO teams. Investigators can be routed through workflows, close cases, and retain an evidence and audit trail. Clari5 says the system integrates with onboarding platforms and company-data providers such as D&B and Bureau van Dijk. Deployment options include IBM LinuxONE and Linux on zSystems, and the listed platforms are Linux and web. Pricing is on request and may vary with transaction volumes, modules, and deployment architecture.
Fiserv AML Risk Manager
Fiserv AML Risk Manager has no write-up on Specifiction yet; its figures are above.