Eastnets SafeWatch AML vs ThetaRay RAY Platform

Eastnets SafeWatch AML is a web-based compliance product for financial institutions that monitors transactions and supports financial-crime investigations. It analyses transactions online in real time and examines historical transaction data offline. Unsupervised AI models assess account behaviour, surface anomalous activity, and generate alerts intended to reduce false positives. Dynamic risk scores for customers, accounts, and transactions help prioritise alerts. Users can select preconfigured AML scenarios or build rules with the Rule Builder and Library. Network analytics add relationship context that transaction-level monitoring may miss, and configurable workflows can reflect an organisation’s investigation processes. A built-in goAML module formats and submits reports according to United Nations standards. The modular system centralises transaction data from institutional sources in a dashboard and can expand as needs change. Eastnets says it supports FATF frameworks, EU Anti-Money Laundering Directives, and OFAC requirements. Onboarding includes integration, scenario configuration, and training, with ongoing regulatory updates and model recalibrations. Pricing is on request; the product page invites customers to request a demo.

ThetaRay RAY Platform is a paid, cloud-based agentic AI suite for accelerating and standardizing anti-money-laundering case investigations. It analyzes alerts, customer and counterparty behavior, KYC profile alignment, and historical alerts and cases before producing an investigation report. An on-demand assistant can summarize documents, explain alert context, clarify case details, perform controlled open-source scanning, and help analysts validate decisions. ThetaRay says analysts remain in control while RAY supplies explainable outputs, documented reasoning, and audit-ready case files. The platform works inside ThetaRay’s Investigation Center and directly on top of ThetaRay Transaction Monitoring. Listed capabilities include customer risk assessment, transaction monitoring, case management, regulatory reporting, PEP screening, ongoing monitoring, transaction screening, API access, custom list management, and audit trails. It is available through web and API. ThetaRay identifies banks, fintechs, payment providers, correspondent banks, remittance companies, and digital banks as potential users. Pricing is on request, with no public package limits stated.