Napier AI is celebrating its 10th anniversary, marking a decade of innovation and growth in the fight against financial crime. What began as a vision to modernise compliance has grown into a global company serving more than 100 customers worldwide.
Reflecting on the journey, Napier AI CEO Greg Watson said the compliance industry has shifted dramatically in the past decade. When the company was founded, many financial institutions relied on outdated systems and manual checks. He explained that the advent of AI-driven platforms has enabled compliance teams to respond faster and more effectively to emerging risks.
Watson highlighted the Napier AI / AML Index, a global report on AI’s role in money laundering prevention, as an example of the company’s commitment to advancing industry knowledge.
Chief data scientist Dr Janet Bastiman underlined how regulatory demands have shaped the way AI is applied to anti-money laundering. Ten years ago, she said, AI tools were limited and often lacked transparency. Today, regulators expect explainability, driving firms like Napier AI to embed trust into their solutions. Bastiman pointed to the company’s synthetic data partnership with the UK’s Financial Conduct Authority as a key step in aligning AI with compliance priorities.
Chief customer officer Louise O’Connell emphasised the importance of customer collaboration. Napier AI has developed client councils to give institutions a direct role in shaping product development. This feedback loop has helped refine solutions that meet real-world challenges, she said. The results have been recognised, with customers winning accolades such as the Celent Model Risk Manager awards.
Chief people officer Stacy Lowe noted that while AI is reshaping compliance, people remain at the centre. Napier AI has invested in Centres of Excellence in Belfast and Kuala Lumpur to support global collaboration and skills development. Lowe said the firm is committed to nurturing talent that combines technical expertise with creativity and resilience, ensuring the next generation of compliance professionals is equipped for evolving challenges.
Chief revenue officer Adam Flowers added that Napier AI’s first decade has laid the foundations for the future. He said the market is moving quickly, with institutions looking for platforms that both meet compliance requirements and provide competitive advantage. Flowers said the company’s compliance-first approach positions it strongly for the next decade, where real-time technology, trusted AI, and stronger partnerships will be essential.
As Napier AI enters its second decade, the company believes the future of financial crime prevention will depend on trusted AI, customer collaboration, and talented people driving innovation. Its leadership team sees the next ten years as an opportunity to further strengthen compliance and market leadership.
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