EyesClear vs Lucinity Platform

EyesClear offers two AI-supported tools for financial-crime compliance: a Platform deployed on-premise or in a private cloud, and a separate hosted Investigations service. The Platform consolidates compliance alerts into a queue, gathers evidence, drafts case narratives and routes decisions to analysts. Cases do not close automatically; an analyst reviews, edits and signs before action. Connectors cover SWIFT, ISO 20022, MQ, Kafka, databases and files related to CRM, transactions, risk and KYC. EyesClear says Platform data and AI inference remain inside the bank’s environment rather than going to an external cloud or vendor. Investigations screens people and companies against public records and returns findings with source quotes. It can be used in a browser without integration or deployment and can pass findings to an existing case system. For a screening, it sends a subject name and derived search terms to public sources and its language models, not customer files, transactions or alerts. The service is free to financial institutions and regulators, with five credits on a new account and one credit per screening. EyesClear says it does not screen payments in real time; it addresses sanctions and name-matching alerts raised by a customer’s screening platform.

Lucinity Platform is a modular cloud platform for financial crime prevention, intended for financial institutions and compliance teams. Its Case Management module brings alerts, investigations, and reporting into one workspace. Transaction Monitoring uses scenario-based and AI-based monitoring to identify financial crime, while Customer 360 combines KYC, transaction, and behavioral information into a customer view. Regulatory Reporting supports generating and submitting reports, and Luci AI Agent is designed to simplify and automate complex investigations. Lucinity describes the service as API-first SaaS, with APIs for data ingestion and publishing as well as RESTful and webhook integrations. It is available through Microsoft Azure Marketplace and uses Microsoft Azure language models for Luci. Security provisions include ISO 27001 certification, SOC 2 compliance, and a Secure Lockbox that encrypts personally identifiable information in isolated infrastructure. Customers own their data and can request processing reports or their complete dataset. The service is cloud deployed and offers a free trial; pricing is on request. Lucinity was founded in 2018 and is headquartered in Reykjavík, Iceland.