Header banner
Revain logoHome Page
merlon logo

Merlon Review

6

·

Very good

Revainrating 4.5 out of 5  
Rating 
4.3
Governance, Risk and Compliance, Anti Money Laundering

View on AmazonView on ЯM

Description of Merlon

Automated Adverse Media Investigations for Anti-Money Laundering (AML), Know Your Customer (KYC), and Due Diligence, radically simplifying and accelerating the identification of high-risk people and entities. Merlon automates the organization and screening of relevant negative news articles, improving risk detection while enabling compliance analysts to focus on reviewing findings and evidence Merlon is designed to significantly boost screening productivity: - AI-generated Risk Findings enable analysts to quickly remediate risk rather than reading article-after-article. - Context-aware AI and perpetrator identification significantly reduces false-positive rates. - Innovative user experience designed around analyst workflow, reducing remediation time and effort.

Reviews

Global ratings 6
  • 5
    2
  • 4
    4
  • 3
    0
  • 2
    0
  • 1
    0

Type of review

Revainrating 4 out of 5

Best solution for identification and screening of high-risk customers

We have used merlons in our anti money laundering programs to identify suspicious individuals across multiple jurisdictional boundaries with ease by applying robust risk scoring models that are available from its API interface! No other product has been able or willing so far because it's not even close at this time - they do everything we need right now as well is some additional features down their road roadmap which will be great but isn't there yet :) I've also realized how valuable having…

Pros
  • It automates processes
  • Great support provided via customer service reps along side account managers.
  • High quality data sources for each report type (CRM, OTC trading platforms)
  • Reporting capabilities such s user defined fields & dashboard widgets etc

Revainrating 5 out of 5

Powerfull tool for performing Security and Vulnerabilities assessments

The ability to perform risk assessment in real time without having access or authorization is what I appreciate most about this product - it's so powerful! This feature alone makes me want more features/enhancements from merlons team as well because they are working really hard with their customers & partners around world who use them daily!! It would be great if you could provide API integration which can help us integrate into our systems faster since we have an enterprise solution that needs

Pros
  • Ability for performing security assessments, threat intelligence feed monitoring (real timedata feeds)etc.
  • Reports generation toolset also very good
Cons
  • Minor Issues

Revainrating 4 out of 5

Excellent software product which helps us improve efficiency in daily business

The platform is very flexible. We were able to create our own rules and have them implemented into the system with just a few clicks. All communications are done via the platform and therefore we have a complete overview of what is going on at all times. As we want to grow Merlon we have to be able to adapt the platform to our needs. The platform is a bit complex but you can always find a solution for your problem. Merlon is an excellent tool for our compliance department. It reduces the time…

Pros
  • Merlon is customizable and can be tailored to your needs
Cons
  • The amount of rules that can be set up is a challenge

Revainrating 4 out of 5

Best solution for identification and screening of high-risk customers

We have used merlons in our anti money laundering programs to identify suspicious individuals across multiple jurisdictional boundaries with ease by applying robust risk scoring models that are available from its API interface! No other product has been able or willing so far because it's not even close at this time - they do everything we need right now as well is some additional features down their road roadmap which will be great but isn't there yet :) I've also realized how valuable having…

Pros
  • It automates processes
  • Great support provided via customer service reps along side account managers.
  • High quality data sources for each report type (CRM, OTC trading platforms)
  • Reporting capabilities such s user defined fields & dashboard widgets etc

Revainrating 5 out of 5

Powerfull tool for performing Security and Vulnerabilities assessments

The ability to perform risk assessment in real time without having access or authorization is what I appreciate most about this product - it's so powerful! This feature alone makes me want more features/enhancements from merlons team as well because they are working really hard with their customers & partners around world who use them daily!! It would be great if you could provide API integration which can help us integrate into our systems faster since we have an enterprise solution that needs

Pros
  • Ability for performing security assessments, threat intelligence feed monitoring (real timedata feeds)etc.
  • Reports generation toolset also very good
Cons
  • Minor Issues

Revainrating 4 out of 5

Excellent software product which helps us improve efficiency in daily business

The platform is very flexible. We were able to create our own rules and have them implemented into the system with just a few clicks. All communications are done via the platform and therefore we have a complete overview of what is going on at all times. As we want to grow Merlon we have to be able to adapt the platform to our needs. The platform is a bit complex but you can always find a solution for your problem. Merlon is an excellent tool for our compliance department. It reduces the time…

Pros
  • Merlon is customizable and can be tailored to your needs
Cons
  • The amount of rules that can be set up is a challenge