Risk & Compliance

Turn Compliance from Cost Center Into Competitive Edge

Indian financial institutions spend 5-10% of revenue on compliance — and penalties for non-compliance are climbing. Our platform automates AML screening, regulatory reporting, and risk monitoring so your compliance team can focus on judgment calls, not data entry.

85%
Less Manual Effort
< 2 sec
AML Screening Time
Zero
Penalty Incidents (24 Mo)
Industry Challenges

Compliance Challenges at Scale

Regulatory complexity grows faster than compliance teams can hire. Manual processes create gaps that regulators find.

📜

Regulatory Overload

RBI, SEBI, IRDAI, PFRDA, and FIU-IND issue hundreds of circulars yearly. Tracking which ones apply to your entity is a full-time job.

🔍

Manual AML Screening

Name-matching against sanctions lists, PEP databases, and adverse media generates thousands of false positives that analysts must manually review.

📊

Fragmented Risk Data

Credit risk, market risk, operational risk, and compliance data live in different systems with no unified dashboard.

Regulatory Reporting Deadlines

STR, CTR, and NTR filings to FIU-IND have strict deadlines. Manual preparation risks late submissions and regulatory action.

🔄

KYC Refresh Gaps

Periodic KYC reviews for high-risk customers are tracked in spreadsheets. Missed refreshes trigger regulatory findings.

💸

Rising Penalty Risk

RBI penalties for AML violations have tripled in the last 3 years. A single finding can cost ₹1-5 Cr and reputational damage.

Want zero regulatory penalties next audit?

Schedule a compliance health check and get a gap analysis mapped to your specific regulatory obligations.

Compliance Impact

Results Across 25 Deployments

Aggregated compliance metrics from banks, NBFCs, and insurance companies using our platform.

85%
Less Manual Effort
< 2 sec
AML Screening
94%
False Positive Reduction
Zero
Penalties (24 Mo)
Impact Metrics

Efficiency Gains

Three areas where compliance teams see immediate relief after deployment.

94%
Fewer False Positives
ML-driven name matching reduces AML false positives from thousands per day to dozens — freeing analysts for real investigations.
85%
Less Manual Work
Automated regulatory filings, KYC refresh, and audit-trail generation eliminate repetitive data entry.
100%
Filing Deadline Compliance
Automated STR/CTR generation with built-in deadline tracking ensures zero late submissions.
Compliance & Regulations

Our Own Compliance Posture

We practice what we preach — here are our own certifications.

🛡️
SOC 2 Type II
Annual independent audit of security, availability, and confidentiality controls across our entire platform.
🔒
PCI-DSS Level 1
Cardholder-data protection with network segmentation, tokenization, and quarterly vulnerability scans.
📋
ISO 27001:2022
Certified information security management system covering development, deployment, and support operations.
🏛️
RBI Outsourcing Compliant
Architecture and processes aligned with RBI outsourcing guidelines including data localization and audit access.
Why OpenMalo

Why Compliance Teams Trust Us

We have built compliance systems for institutions regulated by RBI, SEBI, IRDAI, and FIU-IND.

🏛️
Multi-Regulator Coverage
Single platform covering RBI, SEBI, IRDAI, PFRDA, and FIU-IND obligations — no need for separate tools per regulator.
🔍
Global Sanctions Coverage
Screening against OFAC, EU, UN, and Indian MHA lists — updated within 15 minutes of any list change.
🧠
ML False-Positive Reduction
Our models learn from your analysts decisions to continuously reduce false-positive rates without loosening screening criteria.
📐
Configurable Risk Models
Plug in your own risk-scoring methodology or use our pre-built models for credit, market, operational, and liquidity risk.
📊
Board-Ready Reporting
One-click generation of compliance dashboards, risk heat maps, and board-presentation decks.
🤝
Regulator Liaison Support
Our compliance advisory team helps you prepare for RBI inspections, SEBI audits, and FIU-IND examinations.
Get Started

Get Your Compliance Health Check

Share your regulatory landscape and we will identify gaps before your next audit does.

Free AML process assessment
Regulatory filing gap analysis
Risk-data maturity evaluation
False-positive reduction estimate
No obligation — cancel anytime
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Featured Case Study

Case Study

Large NBFC

How an NBFC Eliminated Compliance Penalties

A large NBFC with 8M customers had received two consecutive RBI penalties for AML deficiencies — totaling ₹3.5 Cr. Their compliance team of 12 was overwhelmed by manual screening, filing deadlines, and KYC refresh backlogs.

Zero
Penalties in 24 Months
94%
False Positive Reduction
₹4.2Cr
Annual Compliance Savings
The Challenge

The Problem

The NBFC compliance department was in firefighting mode:

AML name screening generated 3,000+ false positives daily — analysts could review only 400
STR and CTR filings were prepared manually, resulting in 2 late submissions in the past year
KYC refresh for 200K high-risk customers was 6 months overdue
No centralized case-management system — investigations tracked via email and shared drives

Our Approach: We deployed our AI-powered AML screening engine that reduced daily false positives from 3,000 to 180 using ML-driven name disambiguation and entity resolution. Automated STR/CTR generation with built-in deadline tracking eliminated late filings. RPA bots initiated KYC refresh for all 200K overdue customers within 8 weeks. A centralized compliance CRM replaced email-based case management. The NBFC passed their next RBI inspection with zero observations. Total deployment: 14 weeks.

Read Full Case Study
Client Stories

What Our Clients Say

We went from 3,000 false positives per day to 180. My team finally has time to investigate real suspicious activity instead of clearing noise.

RV
Rahul Verma
Chief Compliance Officer, NBFC

Zero penalties in 24 months after two consecutive fines. The platform paid for itself in the first quarter.

LS
Lakshmi Sundaram
Head of Risk, Regional Bank

The regulatory change tracker is invaluable. Every new RBI circular is automatically mapped to our compliance obligations within 24 hours.

PB
Pankaj Bhatt
VP Compliance, Insurance Company
FAQ

Frequently Asked Questions

RBI (banks, NBFCs, payment cos), SEBI (brokers, AMCs, depositories), IRDAI (insurers, TPAs), PFRDA (pension funds), and FIU-IND (STR/CTR/NTR filings). Each regulator has dedicated compliance modules.