Leading global research firm Everest Group has announced the release of three new reports that provide strategic insights into the evolving Financial Crime and Compliance (FCC) technology landscape.
These studies explore key developments in digital identity solutions, the transformative impact of generative AI across the FCC value-chain, and the latest edition of the Everest Group Leading 50™ Financial Crime and Compliance (FCC) Technology Providers 2025.
As the Banking, Financial Services, and Insurance (BFSI) sector undergoes rapid digital transformation, the demand for robust, compliant, and seamless digital identity infrastructure has never been greater.
Everest Group’s Digital Identity in BFSI: Market Trends and Technology Outlook report analyzes the role of identity verification, authentication, and compliance automation in enhancing operational efficiency and regulatory adherence. It also assesses the impact of emerging technologies such as AI-driven authentication, biometrics, blockchain, and decentralized identity amid rising cyber threats and global regulatory mandates like PSD2, GDPR, and eIDAS.
Complementing this, the Generative AI in FCC: Unlocking the Next Frontier report evaluates how financial institutions are leveraging generative AI to tackle the rising complexity of FCC operations. The report identifies key use cases, including dynamic screening, entity resolution, FRAML monitoring, and anomaly detection, where generative AI is already delivering tangible benefits. It also profiles 12 technology providers, categorizing them as Luminaries, Fast Followers, Influencers, and Seekers using Everest Group’s proprietary Innovation Watch Assessment framework.
The third publication, Everest Group Leading 50™ FCC Technology Providers 2025, lists the most impactful FCC technology providers globally. The listing is based on an extensive evaluation across four parameters: scale and growth momentum, value-chain coverage, innovation and investment, and client/geographic coverage. The report highlights critical industry shifts such as the convergence of Fraud and AML (FRAML), the adoption of cloud-native and low-/no-code platforms, and the strategic expansion of providers across regions including North America, EMEA, APAC, and LATAM.
Ronak Doshi, Partner, Everest Group:
“Financial Crime and Compliance (FCC) technology is evolving rapidly, fueled by intensifying regulatory expectations, digital innovation, and increasingly complex financial threats.
“Through our industry-leading research, including our Leading 50 listing of the most impactful FCC technology providers across the breadth of the FCC value chain, a market assessment of cutting-edge Generative AI solutions, and a deep dive into digital identity technology, we spotlight the providers driving meaningful change in the industry.
“These insights are designed to help BFS enterprises identify the right partners to strengthen their compliance posture and stay ahead of emerging risks.”
Together, these reports offer an integrated view of how financial institutions can address today’s compliance challenges, enhance customer trust, and future-proof their operations in an increasingly complex threat landscape.
The insights serve as critical resources for banks, FinTechs, capital markets, RegTechs, and technology providers aiming to modernize their FCC strategies.
