Swiss Digital Bank Alpian selects Napier for Financial Crime Compliance

By Gloria Methri

Digital private bank Alpian has partnered with Napier, the provider of financial crime compliance solutions, to implement a robust, end-to-end risk management platform for the bank.

Napier will supply Alpian with its full suite of compliance technology solutions through its intelligence platform, Napier Continuum. It offers AI-enhanced risk management capabilities across the entire risk profile of Alpian customers.

The digital banking platform caters to the needs of the client segment, combining everyday banking with personalised investment services through its unique mobile app. Napier Continuum will bring together core AML functions, such as transaction monitoring, customer, and transaction screening, advanced risk assessment tools, ongoing AI-enhanced reviews, and reporting functionalities.

Schuyler Weiss​​, CEO and Co-Founder at Alpian, said, “Switzerland has some of the strictest banking regulations in the world and, as its first digital private bank ensuring we’re fully compliant is critical. But for us, it is also about delivering the highest possible level of security for our customers and ensuring a seamless user experience.

“Partnering with Napier arms Alpian with the most advanced compliance technology in the market, enabling us to meet and exceed the benchmark of the regulators, as well as deliver a trusted service to our customers.”

Greg Watson, Napier’s CEO, said, “We are delighted to partner with Alpian to build its financial crime risk management strategy. Alpian are one of those organisations that we get excited to work with because we share that ethos of championing technological innovation. This partnership will help them futureproof their operations and support their global growth.”

Napier’s international footprint sees its AML and financial crime compliance solutions implemented by banks, payment providers, asset management firms, FX, crypto exchanges, and other regulated and financial organizations around the world.