Toronto, Canada - September 10, 2024 – Minerva, a leader in real-time AML compliance technology, announced today its advanced AML Screening platform is now available in AWS Marketplace, a digital catalogue with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS).
AWS customers will now have access to Minerva’s AML screening and investigations platform directly within AWS Marketplace. The Minerva platform provides AWS customers with the ability to streamline the purchase and management of Minerva’s services within their AWS Marketplace account.
Joining AWS Marketplace will enhance Minerva's ability to meet the evolving compliance needs of customers worldwide, by allowing easy access to Minerva’s screening platform. The first product to launch through this channel is Minerva’s automated sanctions, PEP, adverse media, and open source intelligence (OSINT) screening for onboarding and continuous monitoring.
Minerva’s entity matching engine uses real-time data to identify risks and automatically onboard up to 85% of customers. By cutting false positives by up to 75% and automating manual investigative workflows, Minerva reliably halves AML program costs while supporting a risk-based approach to compliance using AI designed by researchers and AML experts.
“Listing on AWS Marketplace is a significant step for Minerva,” added CEO, Jennifer Arnold. “It enables us to reach a broader audience and offer our solutions seamlessly to financial service providers, FinTechs, banks, and crypto exchanges. This move aligns with the growing trend of customers preferring to buy through marketplaces, and coupled with significant expense pressure, gives them an opportunity to save on AML compliance costs.”
In addition to self-service subscription packages, Minerva will also offer private subscriptions for businesses seeking customized commercial solutions. This flexibility ensures that customers can work directly with Minerva to tailor solutions to their specific needs while benefiting from centralized invoicing through AWS.
For more information, please visit Minerva’s AWS Marketplace listing or contact our sales team.
About Minerva
Minerva is an AI anti-money laundering platform that helps financial institutions cut AML program costs by half while enabling compliance teams to scale. Unlike legacy providers, Minerva doesn’t just search and gather data; it understands it. Powered by AI trained on 5 million investigation decisions, Minerva reduces false positives by up to 75% and automates manual workflows. Its Risk Screening API and Investigations Platform are trusted by leading financial institutions to streamline risk assessments, automate investigations, and maintain a risk-based approach to compliance, so they can scale confidently, and stay ahead of evolving risks.
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