smartKYC, the world’s most advanced multilingual semantic search engine, has been recognized as one of the top category leaders across the 2022 Chartis KYC Solutions Market Update and Vendor Landscape report. 

smartKYC was rated ‘best in class’ for reporting and customer profile enrichment, recognising smartKYC’s industry-leading solutions in potential markets of customer satisfaction and growth strategy. 

smartKYC received additional advanced rankings in KYC risk scoring and customer onboarding, bringing their total scoring to 14 out of 16 stars. Chartis focuses on risk and compliance technology, giving it a significant advantage over generic market analysts when recognising industry leaders. 

Macro themes in the 2022 KYC solutions market are cost and efficiency, as KYC processes are still often manual, which can result in errors and a poor customer experience. smartKYC applies highly advanced artificial intelligence software to solve the most pressing challenges facing screening and background checking teams, including federated search, sophisticated name handling and multilingual natural language processing. 

 “smartKYC is proud to be included in the Chartis KYC Market Quadrant Report, ranking strongly in alignment with the macro themes in the 2022 KYC market. Receiving 14 out of the 16 possible stars in the ranking is a testament to our process of combining artificial intelligence, linguistic and cultural sensitivity and deep domain knowledge to set new standards for KYC quality.” - Hugo Chamberlain, COO, smartKYC.