Information Technology
Lucinity Wins the Microsoft Partner Awards for 2024 for Partner of the Year - Iceland and Sustainability and Social Impact
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In June 2023 , Lucinity launched the world's first copilot for FinCrime prevention powered by Microsoft Azure OpenAI called Luci . Luci stands out in the financial services industry with specialized skills for FinCrime prevention such as adverse media checks, case analysis, and SAR writing.
Built on the robust and scalable Microsoft Azure platform, Lucinity offers customers a trusted SaaS product. Additionally, Lucinity's presence on the Microsoft Azure Marketplace allows companies to leverage their Microsoft Azure credits to access the platform.
The seamless integration with Microsoft's Azure stack has enabled Lucinity to implement advanced AI capabilities, fostering rapid innovation and enabling banks and fintech companies to utilize AI securely and audibly. Furthermore, Luci significantly reduces investigation times from 2.5 hours to just 25 minutes, saving Tier 1 banks an estimated
$25 million annually.
Guðmundur Kristjánsson (GK) Lucinity's Founder and CEO comments,
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