Hawk Named Technology Standout in New Celent Customer Due Diligence and Customer Lifecycle Management Report
Hawk, the leading provider of AI-powered fraud prevention, anti-money laundering (AML), and screening solutions, has been recognized as a Technology Standout in the latest Celent report, Know Your Customer Systems: Customer Due Diligence / Customer Lifecycle Management (CDD/CLM), for its advanced customer risk rating capabilities.
In Celent’s latest profile of the global CDD and CLM landscape, providers are tiered based on the depth of their features and the caliber of their underlying tech. Hawk’s recognition as a Technology Standout validates its position at the forefront of the industry, delivering high-functioning, innovative solutions for complex compliance needs.
Hawk's Customer Risk Rating solution was recognized for its highly configurable risk scoring engine, which allows institutions to:
- Define custom thresholds
- Combine built-in and bespoke risk factors
- And configure time- and trigger-based review cycles for both individuals and organizations
By incorporating any data point, including internal scores and behavioral indicators that update as screening hits or deviations occur, Hawk reflects each customer’s unique risk profile dynamically. Celent praised Hawk’s ability to feed dynamic risk ratings into screening and transaction monitoring, while also noting the ease of model configuration and the platform's "intuitive user experience."
"Legacy KYC processes are often static and manual, making it difficult for institutions to keep pace with evolving risks. To truly understand customer behavior, financial institutions need dynamic, data-led risk scoring that integrates seamlessly with their broader monitoring ecosystem," said Wolfgang Berner, Co-Founder & Chief Product Officer at Hawk. "Our mission is to provide a unified, data-led approach to fighting financial crime. By connecting the dots between data and risk, we help financial institutions see the full picture of who their customers really are."
Learn more about Hawk’s Customer Risk Rating technology or read the full Celent report here.