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  3. FinScan
Logo of FinScan

FinScan

byInnovative Systems
in Anti-Money Laundering
4.0

Overview

Product Information on FinScan

Updated 13th October 2025

What is FinScan?

FinScan is a software that provides compliance and risk management capabilities for financial institutions and organizations. The software performs screening of customers and transactions against regulatory watchlists and sanctions lists to support anti-money laundering and counter-terrorism financing efforts. FinScan offers features such as data quality management, advanced filtering algorithms, and configurable workflows that assist users in identifying potential risks and ensuring regulatory compliance. The software addresses the business problem of efficiently managing compliance obligations by automating the process of detecting and managing potential matches, thereby reducing manual screening and supporting adherence to global regulatory requirements.

FinScan Pricing

FinScan software utilizes a subscription-based pricing model, typically structured according to factors such as the volume of data processed, number of users, and specific modules or features selected. Organizations can choose configurations that align with their compliance and screening requirements, and pricing may vary based on deployment options including on-premise or cloud-based solutions.

Overall experience with FinScan

Chief Executive Officer
3B - 10B USD, Energy and Utilities
FAVORABLE

“Comprehensive Filtering Tool Faces Challenges in Integration and Complex Pricing Model”

4.0
Jul 8, 2025
This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions.
There are no reviews in this category.
CRITICAL

Key Insights

A Snapshot of What Matters - Based on Validated User Reviews

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About Company

Company Description

Updated 25th July 2024

Innovative Systems, Inc. is a company dedicated to the provision of accurate enterprise data management, risk management solutions, and consulting services to organizations around the world, utilizing its expertise garnered over 50 years. An integrated array of services is offered by the company, consisting of FinScan, a solution for AML compliance; Enlighten, an Enterprise Data Quality Suite; PostLocate, a global address validation and geocoding solution; Instant 360 View; Synchronos, an enterprise data management platform; and consulting services, which cover areas like data governance, data migration planning, auditing, and customer data management. By leveraging Innovative's solutions, various organizations globally are able to enhance their target marketing and risk management strategies, as well as improve the quality of customer service.

Company Details

Updated 26th February 2025
Company type
Private
Year Founded
1968
Head office location
Pittsburgh, United States
Website
http://www.innovativesystems.com/

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Peer Discussions

FinScan Reviews and Ratings

4.0

(2 Ratings)

Rating Distribution

5 Star
0%
4 Star
100%
3 Star
0%
2 Star
0%
1 Star
0%
Why ratings and reviews count differ?
  • Chief Executive Officer
    1B-10B USD
    Energy and Utilities
    Review Source

    Comprehensive Filtering Tool Faces Challenges in Integration and Complex Pricing Model

    4.0
    Jul 8, 2025
    It is a good tool for inbound and outbound filtering for payments, trade surveillance, lending, trading, and FX.
  • Chief Executive Officer
    1B-10B USD
    Energy and Utilities
    Review Source

    Comprehensive Filtering Tool Faces Challenges in Integration and Complex Pricing Model

    4.0
    Jul 8, 2025
    It is a good tool for inbound and outbound filtering for payments, trade surveillance, lending, trading, and FX.
  • Read All 2 Reviews

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Recommended Gartner Insights

  • Market Guide for Anti-Money Laundering
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Performance of FinScan Across Market Features

FinScan Likes & Dislikes

Like

Good APIs, well documented and professional support and sales team

Like

Good APIs, well documented and professional support and sales team

Like

Good APIs, well documented and professional support and sales team

Reviewer Insights for: FinScan