FIS Launches AI Agent to Streamline Banking Compliance

The new tool uses Anthropic AI to reduce investigation time for anti-money laundering alerts at U.S. banks.

Updated on Oct. 15, 2026 in Artificial Intelligence

FIS Launches AI Agent to Streamline Banking Compliance

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Financial services technology provider FIS has officially released its AML Investigations Agent, a tool designed to automate manual evidence gathering for banks. Amalgamated Bank served as a key design partner for the software, which is now available to all U.S. financial institutions.

Why it matters

The software aims to significantly cut the time investigators spend on manual data assembly, allowing them to focus on complex, high-risk cases. By automating repetitive documentation tasks, the tool addresses the high volume of false-positive alerts that currently plague standard compliance operations.

The agent runs in a private cloud environment using Anthropic Claude models and integrates with FIS Horizon and FIS Systematics platforms. Each AI-generated output is linked to specific records, with all recommendations recorded in an immutable audit trail.

The players

FIS

FIS is a global provider of financial technology solutions that serves banking, merchant, and capital markets industries.

Amalgamated Bank

Amalgamated Bank is a commercial bank that acted as the lead design partner for the development of the new FIS software.

Anthropic

Anthropic is an AI safety and research company that provides the Claude large language models used by the new investigative agent.

The details

The system utilizes the FIS Control Plane to isolate institutional risk logic, thresholds, and specific investigation procedures while mapping customer activity against alerts. Developers project the agent will reduce Level 1 alert review time by over 90 percent and SAR narrative preparation time by more than 80 percent.

U.S. financial institutions spent $35 to $40 billion on anti-money laundering operations in 2023.
Analysts spent 40 to 60 percent of investigation time on data assembly in 2025.
FIS and Anthropic jointly announced the agent in May 2026.
The AML Investigations Agent became commercially available on October 15, 2026.

The Tech Race

The integration of Anthropic Claude models into core banking platforms represents a departure from traditional, rules-based compliance software that is prone to high false-positive rates. This positions FIS to challenge legacy providers by automating the evidence-heavy documentation processes that have historically slowed down financial investigators.

For banking staff, this technology automates the tedious assembly of evidence records, effectively reducing Level 2 investigation time by approximately 98 percent. These improvements allow institutional investigators to manage higher caseloads without the current burden of redundant, manual data documentation.

The takeaway

Financial institutions looking to modernize their compliance departments can leverage this agent to reduce operational friction and improve the precision of their fraud detection. Banks may find that adopting AI-assisted workflows becomes a necessity to manage the high volume of regulatory alerts currently overwhelming manual teams.