TLDR: Unit21, a leader in risk and compliance technology, has launched ‘Build Your Own Agents’ (BYOA), a no-code platform that allows financial institutions to create custom AI agents. This innovation aims to significantly automate and streamline fraud and Anti-Money Laundering (AML) operations, drastically reducing alert handling times and enhancing accuracy in combating financial crime.
SAN FRANCISCO – August 27, 2025 – Unit21, a prominent global technology provider specializing in risk and compliance, today announced the launch of its ‘Build Your Own Agents’ (BYOA) platform. This new offering is designed to empower banks, credit unions, and fintechs with customizable AI agents to proactively combat fraud, money laundering, and other financial crimes.
The BYOA platform introduces a no-code solution that seamlessly integrates custom AI agents into critical fraud and AML workflows. This allows risk and compliance teams to automate tasks that traditionally involve extensive manual data gathering, sorting, and analysis, transforming hours of work into mere minutes of actionable insights. The system delivers structured, explainable insights directly into alert views, facilitating quicker and more informed decision-making.
According to Unit21, the implementation of BYOA has already demonstrated significant efficiency gains. The company reports a reduction in average alert handle time by up to 90 percent, with over 9,000 alerts reviewed and more than 100,000 tasks automated, achieving an impressive 99.99 percent accuracy rate. These figures underscore the platform’s potential to dramatically enhance operational efficiency and accuracy in financial crime detection.
Tyler Allen, Head of AI at Unit21, emphasized the company’s commitment to customer-centric innovation. “At Unit21, we believe in creating technology that fits a customer’s process and workflow, instead of expecting them to conform to ours,” said Allen. “Today’s launch of Build Your Own Agent is a testament to our commitment to customization, and we’ve seen 9,000+ alerts reviewed and 100,000+ tasks automated with 99.99 percent accuracy.”
The BYOA platform supports a variety of critical financial crime use cases, including:
Sanctions Agent: Designed to reduce false positives in sanctions screening by meticulously analyzing names, aliases, and identifiers to surface only genuine list matches.
Check Fraud Agent: Capable of detecting fraudulent checks by analyzing images and transaction data for altered details, duplicates, or mismatched information.
Transaction Monitoring Agent: Automates alert reviews by applying rules and historical data to identify suspicious activities.
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Unit21’s BYOA is available either as a standalone solution or can be integrated into a company’s existing Unit21 fraud and AML workflows, offering flexibility and substantial efficiency gains regardless of the deployment method. The company’s overarching mission is to unite financial crime fighters and AML professionals, aiming to restore the financial ecosystem to a pathway of opportunity by proactively mitigating risks associated with illicit activities.
