Sphinx (sphinxhq.com) delivers AI-driven solutions that eliminate Know Your Customer (KYC) and Anti-Money Laundering (AML) bottlenecks for regulated businesses. The platform provides deeply researched onboarding decisions, backed by explainable proof, to help organizations comply with global financial regulations efficiently.
How Does Sphinx Work?
Sphinx leverages advanced AI agents to automate and streamline compliance processes traditionally handled by teams of analysts. Its offerings address several core areas:
- Adverse Media: Scans global news sources in multiple languages for risk-related information, provides real-time updates, and categorizes risk clearly for compliance teams.
- PEP & Sanctions: Instantly screens individuals and entities against global Politically Exposed Persons (PEP) and sanctions lists, accessing over 200 databases. Users can set customizable risk rules and receive real-time PEP status alerts.
- UBO & Source of Wealth: Exposes complex beneficial ownership structures, maps corporate hierarchies, verifies the origins of wealth, and visualizes structures up to 10 levels deep. The system cross-references multiple data sources and flags discrepancies.
- SAR & UAR: Streamlines the creation and filing of Suspicious Activity Reports (SAR) and Unusual Activity Reports (UAR), reducing filing time by up to 70%. The platform integrates seamlessly with regulatory systems and maintains a comprehensive audit trail.
- Risk Intelligence Network: Visualizes intricate relationships between individuals and companies, identifies hidden or indirect links, and maps complex corporate structures to support deeper due diligence.
What Sets Sphinx Apart?
Sphinx differentiates itself through explainable AI that tackles the complex, often manual aspects of compliance work. Its platform is designed to dramatically reduce repetitive review time while maintaining high accuracy and regulatory standards, offering audit-ready documentation for every decision.
Who Uses Sphinx?
Sphinx is built for compliance teams, financial institutions, fintech companies, and other regulated organizations that face ongoing KYC and AML requirements. Its automation and depth of analysis are especially valuable for businesses operating in multiple jurisdictions or dealing with complex corporate structures.
Who Leads Sphinx?
The company was co-founded by Alexandre Berkovic (CEO) and Chrisjan W. (CTO), both of whom bring technical and regulatory expertise to the platform. The team also includes contributors like Quentin Hottekiet--Beaucourt and Sameep Vani (ML), focused on machine learning and product development.
What Are Sphinx's Latest Developments?
Recently, Sphinx issued a public challenge to compliance officers: if their AI cannot automate 90% of compliance work faster and more accurately than manual methods, the company will pay $5,000 to the challenger. This initiative underscores Sphinx's confidence in its technology and its commitment to proving the real-world impact of AI in compliance operations.
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