Arachnys and BAE Systems to improve the security and risk management of financial institutions

Arachnys, the leader in Customer Risk Intelligence solutions for Client Onboarding, Know Your Customer (KYC), Customer Due Diligence & Enhanced Due Diligence (CDD/EDD) and Anti Money Laundering (AML), announced that it is partnering with BAE Systems, a proven enterprise solution provider of advanced analytics, to address anti-money laundering and compliance obligations and delivering accurate and efficient fraud detection and prevention. The partnership between BAE Systems’ NetReveal solution and Arachnys’ cloud-native Customer Risk Intelligence platform will enable mutual customers to benefit from streamlined due diligence processes, ongoing monitoring, improved KYC profile record completion and agile customer risk scoring.

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