In response to the regulation technology (RegTech) needs of the financial market, Coraleus Limited has devoted three years to R&D in Hong Kong Science Park, tailor-making RegTech tools for Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) to improve the efficiency of compliance operations.
Coraleus has developed three products: (1) an efficiency check system to evaluate the accuracy and efficiency of the name-screening engine, (2) a big data intelligence analyser to help compliance departments optimise transaction monitoring rules, and (3) a face verification and robotic process automation tool to reduce the number of false positive name screening alerts.
Mr Wong Chi-man (Alumnus, Dept. of Social and Behavioural Sciences, CityU)
Mr Kakeru Wang (Alumnus, Dept. of Social and Behavioural Sciences, CityU)
Mr Leung Chin-keung (Alumnus, College of Liberal Arts and Social Sciences, CityU)
Mr Peter Ong Tuck-soon (Graduate, SEGi University and Colleges, formerly Systematic College)
(Info based on the company's application form)
- CityU HK Tech 300 Angel Fund (2022)