Hawk Named Technology Standout in New Celent Adverse Media Screening Report
Hawk, the leading provider of AI-powered screening, anti-money laundering (AML), and fraud prevention solutions, has been recognized as a Technology Standout in the latest Celent report, Know Your Customer Systems: Adverse Media Screening Solutionscape and Technology Capabilities Matrix, for its Customer Screening solution's breadth of functionality and technical sophistication.
The Celent report profiled 25 global adverse media screening technology providers. Firms are positioned on Celent's Technology Capabilities Matrix based on both the breadth of their functionality and the sophistication of their technology, making Hawk's Technology Standout commendation a marker of advanced innovation in the market.
"In a market where false positives have historically forced institutions to limit the scope of their screening programs, Hawk's combination of AI-driven precision and granular self-service controls makes screening a more attractive proposition," said Neil Katkov, PhD, Director in Celent’s Risk and Compliance Practice. "This helps compliance teams run broader, more comprehensive risk screening programs, uncovering indirect risks with reduced operational burden and without depending on IT to make it work."
Celent highlighted Hawk's ability to set granular rules for specific lists, geographies, and customer segments as a standout feature. Hawk was also recognized for its support for batch, real-time, and on-demand adverse media screening, fast throughput in transactions per second, and a common interface spanning AML, fraud, and screening as key strengths — enabling institutions to effectively manage customer risk across the customer lifecycle.
"What we consistently hear from customers is that the value of Hawk’s screening solution isn't just in the detection; it's in the control we put directly in their hands," said Wolfgang Berner, Chief Product Officer and Co-Founder of Hawk. "Being able to tune fuzzy matching rule-by-rule, leverage AI to infer context about an entity, manage lists without IT involvement, and rely on the system to remember past hit review decisions gives risk screening teams a level of precision and ownership that ultimately drives better outcomes."
Learn more about Hawk's Customer Screening technology or read the full Celent report here.
About Celent: Celent is a global research and advisory firm for the financial services industries and a GlobalData company.