- Nasdaq Verafin (NDAQ, Financial) launches Agentic AI Workforce to transform AML compliance.
- The Digital Sanctions Analyst is expected to reduce alert review workload by over 80%.
- More than 1,300 clients already utilize Nasdaq Verafin's GenAI capabilities.
Nasdaq Verafin (NDAQ) has announced the launch of its innovative Agentic AI Workforce to enhance anti-money laundering (AML) compliance for banking institutions. This suite of digital workers aims to revolutionize how banks conduct AML processes by automating high-volume, low-value compliance tasks. The initiative builds on the company's successful GenAI Entity Research Copilot, which has already been adopted by over 1,300 clients since its introduction in the second quarter of 2025.
The Agentic AI Workforce introduces two key digital workers, the Digital Sanctions Analyst and the Digital EDD Analyst. The Digital Sanctions Analyst is designed to reduce the alert review workload by more than 80%, helping banks efficiently manage sanctions screening processes while minimizing the risk of compliance failures and associated penalties. The Digital EDD Analyst automates Enhanced Due Diligence (EDD) reviews, thereby streamlining processes and reducing operational expenses associated with high-risk customer assessments.
This development addresses a significant challenge reported by 75% of financial institutions, which have increased headcount investments to combat financial crime but still face resource constraints. The introduction of Nasdaq Verafin's digital workforce aims to alleviate these issues, enabling banks to reallocate human resources to more sophisticated and strategic financial crime investigations.
The digital workers are expected to be available to clients later in 2025, aligning with an increasing industry trend towards leveraging AI-driven solutions to enhance compliance effectiveness while controlling operational costs. Nasdaq Verafin's continued focus on innovation positions the company as a competitive player in the regulatory technology market, particularly as financial institutions seek more efficient and effective solutions to address evolving compliance demands.
