Fincom is honored to announce that it has been selected as a semi-Finalist for the Global Fast Track (GFT) Pitching Competition 2022 in the RegTech vertical.
About GFT: www.globalfasttrack.hk
Hong Kong FinTech Week
FINCOM develops and deploys Streamlined Data Search Solutions for Regulatory applications, AML/Sanction Screening, Data Mapping, Entity Resolution, and Homeland Security applications.
Fincom’s patented “Phonetic Fingerprint” core technology ensures accurate matching and mapping of data entries in 40+ different languages (in original alphabets and transliterations) across different data silos, while deduplicating and cleansing results.
Fincom’s core technology, applied in Entity resolution and AML solutions, was tested and approved by tier-1 Financial Institutions and Governmental Regulators, demonstrating Real Time processing (in under 200 milliseconds) in high volume data sets with over 170 million entries.
THE CORE TECHNOLOGY
Fincom’s patented core technology – ‘Phonetic Fingerprint’ – makes it possible to ‘understand’ the way the name sounds, no matter what system or Alphabet is used to represent these sounds. The System’s phonetic-linguistic capability of name screening and matching within and across languages and sign systems, enables recognizing names in their original spelling as well as transliterations and encodings. Enhanced by 48 mathematical algorithms, phonetics, computational linguistics, and distance algorithms (within and across languages) and tracing each phoneme across 40+ different languages and sign systems, transliterations, and spelling variations, enables accurate name matching, ensuring automated efficient real-time screening for AML compliance.