Lucinity

Lucinity is a financial crime investigation and transaction monitoring platform with a generative AI copilot called Luci. It was founded in 2018 and operates from Reykjavik and London.

Products

The listed products are Luci Copilot, generative AI for AML work, a case manager, transaction monitoring, a behavioural Customer 360 view and regulatory filing. The company states that the copilot cuts the time to investigate a single AML case from about two hours to ten minutes by assembling the customer picture and drafting the narrative for an analyst.

Customers and regions

Target clients are banks, payment service providers, fintechs and crypto platforms. Stated coverage is Europe, the United Kingdom and the United States.

Deployment and pricing

Lucinity is sold as enterprise SaaS, or Luci can be connected on top of an institution's current system, which avoids replacing existing monitoring. Prices are not published. A compliance team should ask how the model's output is reviewed and logged, since analysts remain responsible for the final decision.