Ermi, the provider of straightforward transaction monitoring solutions, has announced three new tailored packages — Ermi for Startups, Ermi for Licensed Firms, and Ermi as a Backup. These are designed to quickly, easily and affordably meet the needs of financial services businesses at every stage of compliance and growth. With a focus on effortless setup and integration with familiar tools, Ermi delivers powerful anti-money laundering (AML) monitoring without the usual cost and complexity.
Built for emerging companies awaiting licensing approval, Ermi for Startups combines ease of use with ensuring regulatory readiness. Through its immediate, guided setup, it enables startups to be “ready to play” with minimal fuss. Integrating directly with everyday tools such as Excel and Google Drive, this package generates clear, auditable spreadsheet reports. Its fixed-price model eliminates the uncertainty of per-transaction fees, allowing innovative firms to allocate resources efficiently while meeting FCA expectations. Recognising that businesses shouldn’t be paying over the odds for a tool they are not able to fully use yet, Ermi for Startups is a fixed £6,000 set-up package, with no add-ons or hidden extras required. Learn more: ermitm.com/startups
For established, fully licensed entities, Ermi for Licensed Firms provides robust, ongoing transaction monitoring designed by experienced MLROs. This service streamlines compliance by letting your IT team simply upload data; whether via AWS S3, Azure, or other familiar cloud platforms and receive flagged reports detailing any irregularities. Auto-updating rule sets ensure the platform is always aligned with evolving legislation and global regulatory demands, to deliver a seamless, hands-off experience for compliance teams. Discover the full capabilities at: ermitm.com/licenced
Recognising that continuity in compliance is critical, Ermi as a Backup offers organisations an efficient, reliable fallback option. This package effortlessly integrates with existing systems to provide an added layer of security, ensuring that in the event of primary system downtime or during transition periods, your transaction monitoring remains uninterrupted. With the same straightforward setup and comprehensive reporting used across all Ermi solutions, businesses can maintain complete audit trails and regulatory assurance, for DORA for example, at all times. For additional details, visit: ermitm.com/backup “There is no point in building shiny cool tools that people dont have the technical resources to integrate with or afford. Our mission at Ermi is to make transaction monitoring as straightforward and accessible as possible,” said Mike Southgate, Co-Founder of Ermi. “Whether you’re an emerging startup, an established licensed firm, or simply in need of a dependable backup system, Ermi’s tailored packages get you up and running quickly, delivering robust AML compliance without overcomplication”.