Fremtind chooses Strise to streamline customer case handling and enhance compliance efficiency
Fremtind adopts Strise to enhance AML case handling and EDD efficiency
Strise, a leading provider of Anti-Money Laundering (AML) automation solutions, has announced that Fremtind, a major player in the Norwegian insurance sector, has become a client.
Fremtind’s corporate markets team will use Strise Case to enhance efficiency, reduce workload, and standardise outputs, especially for customer cases requiring Enhanced Due Diligence (EDD). This will free analysts from time-consuming manual work and allow them to focus on higher-value decision-making.
Why this matters
By implementing Strise Case, Fremtind will:
- Streamline case-handling processes.
- Standardise outputs across teams.
- Maintain consistency and compliance in EDD cases.
Leadership comments
Mariann Fløten, Head of AML Corporate Markets at Fremtind:
“Becoming a Strise client marks a significant step forward in our approach to AML compliance. Strise will allow us to better streamline our customer case handling processes, ensuring our team can handle Enhanced Due Diligence cases more efficiently.”
Marit Rødevand, CEO of Strise:
“We’re thrilled to welcome Fremtind as a Strise customer. The ability to automate and standardise customer due diligence processes, especially in EDD cases, is a game-changer for many organisations.”
Strise’s momentum
This new client win comes after Strise’s Atomico-led $10.8M Series A in September 2023. The company now has nearly 50 employees, an expanded data model covering over 1 billion international entities and 11 million private individuals, and a new London office.
About Fremtind
Fremtind is Norway’s largest provider of property and casualty insurance through banks, serving private individuals, agricultural clients, and businesses.
Website: fremtind.no
About Strise
Strise’s AML Automation Cloud powers KYC, KYB, sanctions and PEP screening, ongoing due diligence, and automated onboarding. Clients report:
- 90% reduction in due diligence time (days to minutes)
- 30% reduction in cost
Website: strise.ai
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