We are delighted to announce Ocean Investments` latest investment move.
We proudly welcome into Ocean`s family – OMNIO, a start-up company with the first integrated Financial Crime Compliance CRM solution.
OMNIO is a RegTech start-up founded by Stoyan Lozanov – a young and innovative entrepreneur who repeatedly faced the difficulties arising from many manual processes in commercial law procedures. Stoyan wanted to bridge this gap and began developing a methodology for identifying and analyzing potential financial crimes. A year and a half later, it grew into what OMNIO is now – the first integrated Financial Crime Compliance CRM solution. An innovative product that optimizes and automates the processes of applying regulatory mechanisms in measures against money laundering and counter-terrorist financing. OMNIO is a new generation of software that automates financial crime compliance processes, utilizing machine learning technology and compliance knowledge. This multi-platform solution detects suspicious activity, generates assessments, and recommends a course of action for your cases.
What makes OMNIO unique
Without writing a single line of code, its unique rule engine allows each financial institution to integrate its compliance procedures into the system. External data sources supplement both the detection of suspicious activity and the analyst’s investigation process.
As a result, you’ll have a system that detects threats and generates a written report like your most experienced compliance officer would. It also significantly reduces the risk of failure, resulting in less time spent on compliance and no additional costs for additional staff, external advisors, or regulatory fines.
OMNIO’s software combines:
- Knowledge about Your Customer
- Enhanced Due Diligence/ Customer Due Diligence
- Transaction Monitoring
- Politically Exposed Persons and Sanctions Screening
- Anti-Bribery and Corruption
- Anti-Money Laundering
- Counter-Terrorism Financing
- Fraud Monitoring
The entire compliance decision-making process is fully auditable, as defined by the client and carried out by OMNIO. The software is easily implemented in the existing technological environment of banks, insurance companies, non-banking financial institutions, fintech, and crypto companies.
Being a strategic investor Ocean Investments will support OMNIO through its path to rapid growth with financial resources and domain knowledge, business strategy, and offering the entire team of professionals and experts behind its back.
OMNIO recently won the “Innovative start-up” award at the “Innovative Enterprise of the Year” competition.
We are happy to welcome OMNIO!
Let`s future together!