Hummingbird
Hummingbird provides a compliance and risk platform designed to enhance financial crime investigations for financial institutions through automation, AI tools, and a global SAR filing system.
Compliance and Risk Platform for Financial Institutions
Hummingbird offers a comprehensive compliance and risk platform tailored for financial institutions to perform fast and accurate financial crime investigations. This solution is designed to handle various compliance workflows, including anti-money laundering, anti-fraud, and customer due diligence processes.
Automation and AI Tools for Enhanced Compliance
Hummingbird incorporates automation and AI tools to streamline compliance workflows and reduce manual tasks. By leveraging these technologies, the platform optimizes efficiency and accuracy in navigating complex regulatory environments.
Global SAR Filing System
Hummingbird features a robust global SAR (Suspicious Activity Report) filing system that automates regulatory reporting. This system can save 2-4 hours per case, enhancing productivity and ensuring timely compliance with reporting requirements. It supports automated SAR/STR (Suspicious Transaction Report) filing in over 60 financial intelligence units, including significant authorities such as FinCEN and FINTRAC.
Third-Party App and Data Source Integrations
The platform supports integrations with third-party apps and data sources, which extend its capabilities. This allows financial institutions to incorporate vital data into their compliance workflows seamlessly.
No-Code Automation for Efficient Workflows
Employing a no-code automation platform, Hummingbird enhances workflow efficiency by enabling users to automate complex compliance processes without the need for extensive programming knowledge. This feature is beneficial for streamlining operations and reducing the burden of manual tasks.