Transparently.AI
Detects fraud using AI, analyzes global financial data swiftly.. [Freemium]
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What is Transparently.AI?
Transparently.AI is an AI-powered RegTech platform that detects accounting manipulation and fraud in corporate financial statements. The platform uses its proprietary Manipulation Risk Analyzer (MRA) to sift through millions of data points from historical financial records, utilizing over 150-200 factor models grouped into 14 risk clusters to rank the probability of accounting fraud causing corporate collapse. It delivers an accurate 0-100 percentage risk score along with custom reports containing detailed next-step recommendations.
The platform covers over 80,000 companies across more than 100 countries, with clients managing over $4 trillion in assets. Key features include the GenAI forensic accounting assistant called Luca for deeper analysis, forensic report generation, sector benchmarking, API integration for seamless system integration, and access to historical financial data for longitudinal analysis. The AI system is built and owned by Transparently, not an off-the-shelf solution, ensuring continuous evolution and future feature additions.
Transparently.AI is designed for financial analysts, portfolio managers, asset managers, auditors (including Big 4 firms), banks, fraud analysts, regulators, and corporate boards. It serves asset managers for enhanced stock selection and portfolio risk management, auditors for client onboarding and audit planning, banks for credit risk management and ESG monitoring, and fraud analysts for investigations and fraud detection at scale. The tool helps users identify financial
Transparently.AI pricing
Pricing model: Freemium
Transparently.AI offers Starter and Professional packages, with Enterprise solutions available. The Starter and Professional plans include fast AI insights, fraud detection, Luca chatbot support, and seamless API integration. Users can add seats to their current plan at any time for new users, with pro-rated billing for additional seats. Enterprise users contact their Account Manager to add seats or new markets. To change plans between Starter and Enterprise, contact [email protected]. All prices are quoted before tax (GST, VAT) and displayed clearly in invoices. For custom enterprise solutions and pricing details, contact [email protected]. For support, contact [email protected].
Transparently.AI pros
- Detects accounting fraud within seconds instead of months
- Provides accurate 0-100% risk score for each company
- 150+ factor models grouped into 14 risk clusters
- Covers 80,000+ companies across 100+ countries globally
- GenAI assistant Luca provides fast unbiased insights
- Detailed contextual reports explaining why companies score high or low
- Built and owned proprietary AI, not off-the-shelf solution
- Access to historical financial data for longitudinal analysis
- Reduces human error in financial manipulation detection
- API integration for seamless integration with existing systems
- Saves significant time and money on manual financial analysis
- Supports ESG governance monitoring for investment decisions
- Scales to analyze dozens of companies in time of one
- Used by Top 10 global banks and Big 4 auditors
- No false positives with always-learning machine
- Proactive support from skilled RegTech experts
- Custom enterprise proof of concepts available in two weeks
Transparently.AI cons
- No free tier mentioned on the website
- Pricing details not publicly disclosed, requires contact
- Limited to publicly listed companies only
- Focuses only on accounting fraud, not other fraud types
- Enterprise plan requires contacting sales team
- Starter plan requires admin to add seats manually
- All prices quoted before tax (GST, VAT)
- No self-service signup for enterprise customers
- May require technical integration for API usage
Frequently asked questions about Transparently.AI
What is Transparently.AI?
Transparently.AI is the world's first AI solution for automated detection of accounting manipulation and fraud in companies. It uses the Manipulation Risk Analyzer (MRA), a proprietary AI system that sifts through millions of data points using 150+ factor models grouped into 14 risk clusters to deliver accurate 0-100% risk scores and detailed reports with next-step recommendations.
How fast does Transparently.AI analyze companies?
Transparently.AI analyzes a company's probability of fraud within seconds, compared to the months it traditionally takes financial analysts to manually analyze one company. This dramatic speed improvement allows users to identify financial red flags almost instantly.
What is Luca?
Luca is Transparently's GenAI forensic accounting assistant that provides fast, unbiased insights using Transparently's data models. Luca helps users query and investigate risk signals, distill information needed for decision-making, and provides recommendations for forensic analysis.
How many companies does Transparently cover?
Transparently.AI provides analytics for over 80,000 companies across more than 100 countries globally, giving users unparalleled breadth of coverage for investment due diligence and risk management.
What industries benefit from Transparently.AI?
Transparently.AI serves asset managers, auditors (including Big 4 firms), fraud analysts, banks, regulators, and corporate boards. It helps with stock selection, portfolio risk management, audit planning, credit risk management, ESG monitoring, and fraud investigations.
Does Transparently.AI provide historical data?
Yes, Transparently provides access to historical financial data sets, allowing users to analyze any historical financial year to get a clearer picture of a company's financial health over time, not just current data.
How can I integrate Transparently with my existing systems?
Transparently offers API integration that allows users to easily integrate the AI into their existing systems to streamline operations and show information where needed. This enables seamless workflow integration for financial institutions.
Can I add more users to my plan?
Yes, you can add seats to your current plan at any time for new users. The named administrator navigates to Settings and Team/Users, clicks 'Add new seat,' enters the number of seats and user details. Additional seats are billed on a pro-rated basis for the remaining month.
What is the Manipulation Risk Analyzer (MRA)?
The MRA is Transparently's proprietary AI system that analyzes accounting fraud risk by sifting through millions of data points, using 150+ factor models grouped into 14 risk clusters. It ranks the probability of accounting fraud causing corporate collapse and delivers accurate risk scores with detailed contextual reports.
How do I get a demo or contact sales?
You can schedule a tailored live demo by booking through their website, where the team walks you through how the platform works. For pricing information or plan changes, contact [email protected]. For support help, contact [email protected].