Ondato, a company known for its digital compliance and KYC solutions, has launched AML Ranger, an AI-driven assistant designed to automate real-time AML compliance.
The new tool is now available for free, marking a significant advancement in the automation of compliance processes.
The launch of AML Ranger comes in response to the growing demand for scalable, precise, and cost-efficient AML operations. Financial institutions and regulated firms continue to struggle with inefficiencies in manual AML checks, often resulting in inflated costs and higher risks of human error. Ondato aims to address these challenges by combining automation, accuracy, and real-time data processing within a single intelligent platform.
Founded in 2018, Ondato provides identity verification, customer onboarding, and compliance management tools to businesses worldwide. Its solutions are used by financial institutions, legal firms, and other regulated entities to streamline KYC, AML, and due diligence processes. The company’s technology focuses on improving compliance workflows through automation and access to reliable, real-time data.
AML Ranger, powered by Ondato’s proprietary AI technology, introduces three specialist assistants — PEP, sanctions, and adverse media — each performing real-time screening and analysis. The system draws on global sources, including local-language news, sanctions databases, and PEP lists, to deliver accurate results while minimising false positives. Its contextual analysis capabilities help compliance teams make faster, more confident decisions without extensive manual reviews.
KPMG’s “Automating Anti-Money Laundering (AML)” report highlights that financial institutions spend billions annually on manual compliance tasks. The report estimates automation can cut compliance costs by up to 25%, reduce false positives, and improve consistency — issues AML Ranger directly addresses by automating the labour-intensive parts of AML monitoring.
The product launch also coincides with heightened global regulatory expectations. In Europe, the new Anti-Money Laundering Authority (AMLA) is set to begin operations in 2025, introducing a harmonised AML rulebook, while the Financial Action Task Force (FATF) has strengthened its Recommendations to emphasise real-time monitoring and enhanced due diligence. AML Ranger helps firms adapt to these evolving standards by streamlining adverse media checks, sanctions screening, and politically exposed person (PEP) monitoring.
Ondato Co-founder and CEO Liudas Kanapienis said, “For many teams today, AML checks still mean hours of manual work: reading through hundreds of articles, piecing together context, searching databases, and struggling with unclear results. AML Ranger was built to change that. It scans AML sources in real time just like a human would, but instead of getting lost in hundreds of articles and lists, it analyzes the context, summarizes findings, and delivers clear reports with sources and insights in less than 30 seconds instead of hours or days.”
AML Ranger is designed to be accessible for both large financial institutions and smaller firms lacking dedicated compliance departments. Users receive free monthly credits and can access Adverse Media Ranger, PEP Screening Ranger, and Sanctions Screening Ranger, with additional modules expected to expand the platform’s functionality in the near future.
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