Use Cases
Our Agentic framework to orchestrate the financial services lifecycle
Covecta’s Agent Coverage
Ready made financial services agents available to be deployed today
Select use case:
CRA Scorecard
Automates creation and calculation of AML risk scores. Outcome: faster, standardised AML decisions aligned with regulatory frameworks.
SIC Code Matching
Validates and assigns accurate industry codes with an analysis against whats on companies house versus business activities/online profile. Outcome: improved classification for risk and credit modelling accuracy.
Adverse Media
Performs ongoing screening of entities across news and risk feeds with discounting and bank policy applied. Outcome: early detection of reputational or compliance concerns.
Policy Query
Retrieves and interprets internal policy rules in natural language. Outcome: instant, consistent policy adherence across users.
Heads of Terms
Drafts preliminary deal terms based on negotiation inputs and policy constraints. Outcome: accelerated deal setup and alignment between parties.
Sighting Papers
Slimmed down credit application in order to gauge early feedback from credit & relationship teams. Outcome: faster due diligence checks and better deal dynamics
KYB/KYC
Automates business and individual verification against regulatory and sanctions databases. Outcome: reduced onboarding time and improved compliance accuracy.
UBO Structuring
Maps ultimate beneficial ownership structures with entity linkages. Outcome: transparent ownership visibility critical for compliance and credit exposure management.