Unit21

Unit21 is a provider of risk and compliance solutions for organizations involved in financial transactions. The company offers a no-code software platform designed to help risk and compliance teams detect, investigate, and report on fraud, money laundering, and other financial crimes across various industries. Unit21's platform combines Know Your Customer (KYC) identity verification, transaction monitoring, outlier detection, and suspicious activity report (SAR) case management in a unified dashboard.

The company's software is fully customizable, allowing users to tailor the solution to their specific needs without relying on engineering resources. It provides hundreds of pre-built scenarios that can be deployed with a single click, as well as the flexibility to create custom rules and scenarios. The platform features an API and dashboard for easy integration and use.

In March 2024, Unit21 introduced new AI-powered features, including Ask Your Data and AI Copilot. These tools are designed to enhance decision-making capabilities and operational efficiency for fraud analysts, compliance officers, and risk managers. The AI Copilot assists in resolving alerts by offering contextual guidance, suggesting decisions, and providing transparent explanations.