| Who it is for | Industries listed include asset and fund managers, banking, crypto and blockchain, broker dealers, fintechs, private banking, marketplaces, law firms, mobility, accounting and real estate (azakaw.com) | Licensed FX/CFD brokers and payment and e-money firms in the UAE, Türkiye and the Gulf |
|---|
| Scope | Digital KYC, digital KYB, digital onboarding, transaction monitoring and corporate compliance (azakaw.com). "Screen transactions and entities against over 1,400 global sanctions, Politically Exposed Persons (PEPs), and adverse media watchlists" (azakaw.com/transaction-monitoring) | Trade surveillance, transaction monitoring, sanctions screening, case management and STR drafting. Sanctions lists: UN, OFAC, EU and UK, fetched from the publishers; the UAE Local Terrorist List and MASAK lists by CSV upload. No identity verification (KYC) and no PEP lists; PEP and adverse-media results can be imported from the firm's KYC provider. |
|---|
| Deployment | The homepage describes a standalone platform and an embedded API option (azakaw.com). An on-premise or customer-hosted option was not stated on the pages checked. | Self-hosted package for the firm's own cloud or servers: the container image and install guide are ready; the first installation is carried out with the customer's IT team. A dedicated in-region instance is also available. |
|---|
| Detection approach | "Leverage AI to monitor transactions continuously and flag suspicious activities instantly"; "Set tailored thresholds and workflows to meet your organisation's specific needs" (azakaw.com/transaction-monitoring) | Deterministic rules. Firm-specific rules are built in a no-code rule builder, previewed on 90 days of history and approved by the MLRO (four-eyes). Thresholds are backtested and versioned. |
|---|
| Timing | "Detect, prevent, and resolve suspicious activities in real-time" (azakaw.com/transaction-monitoring) | Overnight batch on end-of-day data, plus a real-time decision API that returns allow, review or hold for a deposit or withdrawal before it is processed. Trades are not checked before execution. |
|---|
| Trade surveillance | The broker-dealer page states "Detect and report market manipulation or unusual trading patterns" and lists employee trading and outside business activity (azakaw.com/broker-dealers). Specific typologies such as wash trading or spoofing are not named on the pages checked. | Rules for wash trading and spoofing/layering, in the same case queue as the AML typologies |
|---|
| STR, goAML and MASAK output | "Use AI driven suspicious activity reports" (azakaw.com). A goAML or MASAK format was not stated on the pages checked. | goAML XML draft (UAE), MASAK ŞİB export draft (Türkiye), CBUAE and MASAK deadline clocks |
|---|
| AI and language models | "AI-Driven Risk Scoring" and AI-powered alerts (azakaw.com/broker-dealers) | Detection and triage are deterministic. An optional language model writes text only from evidence already collected; identifiers are tokenised and every sentence cites an evidence row. |
|---|
| Audit evidence | "Generate comprehensive audit reports in seconds with just a few clicks" (azakaw.com/transaction-monitoring) | SHA-256 evidence pack per case; hash-chained audit log |
|---|
| Recognition and security | Named an IDC Innovator in the Middle East Regulatory Technology Providers 2026 report (azakaw.com). Security certifications were not stated on the pages checked. | TOTP two-factor sign-in and OpenID Connect SSO (no SAML). No SOC 2 or ISO 27001 certification and no independent penetration test yet. |
|---|
| Trial and sandbox | Demo on request (azakaw.com/request-a-demo). A free trial or sandbox was not stated on the pages checked. | Public self-service sandbox at app.marqib.com/demo: synthetic data or your own CSVs, tokenised in the browser, deleted after 7 days |
|---|