OWNY is centralising its anti-money laundering (AML) checks with Flagright, aiming to streamline monitoring and reporting.
The platform is designed to help institutions manage private investments and capital across borders.
Its services include private wealth management, alternative asset investing, document processing, payments via ACH, wire, FX and SWIFT, and back-office reporting for regulatory purposes.
By adopting Flagright’s technology, OWNY will use real-time monitoring, AML screening, risk scoring, and case management across its operations.
OWNY added that its clients depend on the platform to manage private offerings and move funds worldwide, and that Flagright’s centralised tools will support compliance at scale while preserving user experience.
“We are excited to support OWNY as they modernise capital flows.
With our AI-native compliance platform, OWNY can unify transaction monitoring and case management across payment rails and reporting, strengthening financial crime controls from day one.”
said Madhu G. Nadig, Co-founder and CTO of Flagright.
“We wanted strong controls, a flexible platform, and AI tools to streamline routine compliance operations without heavy engineering work.
Flagright’s no-code rules and unified case management let our team set up real-time monitoring quickly and keep everything audit-ready as we grow.”
said Maksim Kovalenko, CTO and Co-founder at OWNY.
Featured image: Edited by Fintech News Singapore, based on image by denisapolka via Freepik
