Sentinels.ai is a cutting-edge startup specializing in Anti-Money Laundering (AML) transaction monitoring software. Founded in 2019 by Joost van Houten and Arryon Tijsma, the company aims to revolutionize the way financial institutions detect and report financial crimes. Sentinels operates in the regtech (regulatory technology) market, focusing on providing intelligent solutions for AML compliance.

The company serves a diverse range of clients, including payment processors, scale-ups, enterprise finance companies, and crypto companies. These clients benefit from Sentinels' advanced machine learning and artificial intelligence (AI) capabilities, which enable real-time transaction monitoring and sanctions screening. This technology helps compliance teams identify and mitigate risks more efficiently, thereby enhancing overall risk management.

Sentinels' business model is based on a software-as-a-service (SaaS) approach. Clients subscribe to their platform, gaining access to a suite of tools designed to streamline AML compliance processes. The company generates revenue through these subscription fees, which are typically based on the scale and specific needs of the client.

One of the standout features of Sentinels' platform is its ability to iterate transaction thresholds in a sandbox environment. This allows compliance teams to test and adjust rules without the need for developer intervention, making the system highly adaptable and user-friendly. Additionally, the platform offers real-time backtesting reports, enabling clients to go live with adjusted rules quickly and efficiently.

Sentinels is committed to ending financial crime by leveraging the expertise of its diverse team, which includes professionals from payments, compliance, and machine learning backgrounds. The company believes that AI and machine learning are game-changers in digital banking, and their platform is already proving this by significantly improving risk management for their clients.

Keywords: AML, transaction monitoring, AI, machine learning, regtech, compliance, financial crime, SaaS, real-time monitoring, risk management.