PassFort Lifecycle vs. spektr

PassFort, a Moody's Analytics company, is on a mission to transform the way compliance professionals work, breaking the compromise between compliance efficiency and great customer experiences in the fight against financial crime. Born in the cloud, PassFort’s SaaS solutions are defining a new wave of RegTech by enabling regulated financial services companies to manage risk, trust and compliance standards across customer relationships.

spektr is an AI-powered compliance platform that helps banks, fintechs and other regulated businesses manage KYC, KYB and AML processes across customer onboarding, ongoing monitoring, transaction monitoring and case resolution. It combines configurable workflows with AI agents, governed by policies set by the customer’s own compliance team. spektr is used by product, operations and compliance teams. Product teams use it to configure onboarding flows for new products and markets without engineering work. Operations teams use it to handle onboarding, alerts and case work at higher volume.