WorkFusion once again recognized as a Leader in both IDP and in the Banking-specific IDP Products PEAK Matrix® Assessment, underscoring the market impact of WorkFusion AI Agents and their ability to effectively automate complex document processing
NEW YORK, April 30, 2025 -- WorkFusion, a pioneer in AI agents for financial crime compliance (FCC), today announced that it has, for the seventh consecutive year, been named a Leader in Everest Group's Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment for 2025. It has also been recognized as a Leader for the second year in a row in the Banking-specific IDP Products PEAK Matrix® Assessment 2025. The PEAK Matrix® Assessments consider vendors based on market impact, vision & capability.
"WorkFusion has strengthened its position as a Leader in the Intelligent Document Processing (IDP) PEAK Matrix® Assessment 2025 by making further investments in its digital worker-solutions—such as an LLM-based no-code digital worker builder—and building agentic capabilities on top of digital workers," said Vaibhav Bansal, Vice President, Everest Group. "WorkFusion also provides an Automation Studio that offers a drag-and-drop interface to build, define, and edit automation workflows, as well as pre-built analytics with industry-specific metrics. Clients have highlighted the ease of use of the platform, extraction accuracy, scalability, availability of complementary technologies, and overall customer support as key strengths of the solution."
WorkFusion AI Agents are immediately productive in their respective operations roles within financial crime compliance. This is in large part due to IDP, which serves as the backbone for the company's Work.AI platform, a no-code platform that makes it easy to configure or build AI Agents for automating complex and complete job roles.
IDP automates complex document processing, boosts the accuracy and speed of operations, and helps organizations save millions. It serves as the core technology for automatically handling massive volumes of documents that require information extraction, classification, and validation.
WorkFusion CEO Adam Famularo said, "We value the in-depth analysis performed by Everest Group and the resulting recognition of WorkFusion's IDP expertise, market leadership, and customer impact delivered by our AI Agents for Financial Crime Compliance. IDP is one of the core technologies that makes our AI Agents stand out in the marketplace. By automating document-driven work, like capturing and validating ID documents for KYC ops, or reviewing document-like data such as payment alerts generated against sanctions lists in the case of transaction screening, our AI Agents allow for speed and accuracy in document handling that no human could possibly match."
About WorkFusion
WorkFusion is a pioneer in AI agents for financial crime compliance (FCC). Its AI Agents are purpose-built workers that augment financial crime compliance operations teams in Level 1 analyst functions for anti-money laundering (AML), adverse media monitoring, sanctions screening alert review, Know Your Customer (KYC), and transaction monitoring investigations (TM). WorkFusion's AI solutions are used at 4 of the top 5 US banks and leading financial institutions around the globe to mitigate risk, solve talent challenges, increase workforce capacity, save money, enhance employee and customer experience, and improve compliance posture. For more information visit workfusion.com.
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