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Use Cases

Fund Managers

Fund managers use Lucra to screen investors, run due diligence on investees and verify bank accounts on outgoing payments.

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Compliance completed correctly, with minimal effort

Lucra delivers all the essential tools you need to effortlessly meet your anti-money laundering and KYC obligations on LPs, investees and major counterparties.

AI-driven AML screening capabilities

Lucra has partnered with best-in-class data providers who leverage AI to screen for global sanctions, adverse media and PEP status. All in real-time.

Always monitoring in the background

Avoid costly KYC and AML refreshes with monitoring capabilities that work quietly in the background, alerting you every time there is a change.

Adjust screening settings for different risk profiles

Risk screening is never a one-size-fits-all exercise. Configure how you screen for PEPs, adverse media and fuzzy logic to ensure you've adequately screened for your risks.

A single source of truth for reporting and audit

Check results, screening settings, notes and observations, and an audit timeline of user action and activity. All neatly delivered in a single report.

Pricing that conserves cash

All Lucra plans start on a PAYG basis. No multi-year contracts or upfront bundles. So you get to protect your cashflow while only paying when value is delivered.

Protecting fund money

Detect and prevent fraudsters stealing LP and operational funds on proceed distributions and supplier payments.

Real-time trusted-source data

Lucra harnesses open banking to source bank account information directly from a payee's bank.

Superior confirmation of payee

First test of fraud is to actually see the full name on the account. Understand exactly who you are paying and if it matches the payee.

Transaction activity that matches payee profile

Second test of fraud is to determine how old an account is and whether its activity levels match the economic profile of the payee. Lucra delivers this with analysed transaction data.

100% correct payment details

Don't worry about fat finger errors. Lucra pulls the account number, sort code and IBAN directly from the bank. So what you see is 100% correct.

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