About Us

Ours is a story of ‘patterns’; of apparently disjoint events, which when strung together form an incredible pattern. For over two decades, these events have occurred with a purpose, one naturally leading to the other.

Our Story

Technology & Science Keeps Us Busy

We have diverse interests and are always clued in to our pet subjects – Computer Science, Artificial Intelligence, Mathematics, Logic and Technology, Probability, Set Theory, Statistics, Psychology and Sociology. We are also deeply influenced by books like Blink, The Wisdom of Crowds, Tipping Point, Outliers, Freakonomics and Fooled by Randomness. We figured the best way to be connected to these passions with like-minded people was to turn our collective passion into a business – more specifically a product which can blend these disparate fields into fine art! We even incorporate insights from marketing psychology, sociology and set theory in our product design.

Our Vision: Deliver ‘Human like’ Real-time, Cross Channel Intelligence

We are making products that are more human like – intuitive, contextual, able to work with partial information, thinking learning inferring, and most importantly, functions in real-time. i.e. more of right brain software. Contrast this with today’s transaction oriented left brained approaches, which is causing huge disconnects across the end-customer spectrum. People are craving for the human touch (like in the good old days), where a customer could end every interaction with the satisfaction that she has interacted with her pal. We also make organizations ‘predictable’ in real-time across their core functions. We felt that this is a tough problem to crack, a problem which can keep us passionately busy for a long time, which will require us to blend multiple sciences together to make our journey into unchartered territory.

Our Calling

To create ‘customer centered predictable enterprises’. And we do this by directing intelligence to the heart of every customer interaction. In real-time.

Our Team

Clari5 – A Brief History

  • Clari5 customer Fino Payments Bank wins Celent Model Risk Manager Award 2021
  • Clari5 Featured in CeFPro™ Top 50 Global Fintech Leaders Report
  • Clari5 Launches Real-time Enterprise Fraud Management and Anti-Money Laundering Apps on Finastra’s
  • Clari5 Client, Mashreq Bank wins ‘The Asian Banker’s MEA Risk Management Award’
  • Mashreq Bank and Clari5 win ‘IBSI Global FinTech Innovation Award’
  • Listed in Fintech Global RegTech 100 again
  • Among Top 5 Asian firms in Top 100 Global RegTech Leaders
  • Positioned Category Leader for AML Solutions in Chartis Research Report on KYC/ AML Software Solutions
  • Among 10 Global Vendors With First-rate Case Management to Combat Global Fraud and Money Laundering
  • Among AIM’s Top 5 Fraud Analytics Firms
  • Clari5 along with Fino Payments Bank wins IBSI Global Fintech Innovation Awards, 2020 for best risk management project implementation
  • Gets positioned as a best-of-breed solution for AI in financial services by Chartis Research
  • Wins ISPMA Product Excellence Award for Enterprise Fraud Product Management Maturity
  • ‘Bankers to the Nation’ Bank of Ceylon becomes 1st Sri Lankan bank to become live on Clari5 AML
  • Featured in IBS Intelligence RPA in Financial Services Report and Al in Financial Services Report
  • Vijaya Bank (now Bank of Baroda) and Clari5 Win IBS Intelligence Global FinTech Innovation Award 2019
    for Most Innovative Use of AI & Machine Learning
  • Clari5 Positioned Category Leader for Account-based Enterprise Fraud Risk Management in Chartis
    Research Report on Financial Crime Risk Management Systems for Enterprise Fraud
  • MagnusBD and Clari5 join hands to help Bangladesh banks fight financial crime
  • Gets positioned as a category leader for Enterprise Fraud Technology by Chartis Research
  • Clari5’s client, Axis Bank, wins the Operational Risk Technology Implementation of the Year Award by The Asian Banker
  • Gets featured in Intense Research as a key vendor in the global fraud technology market
  • Bank of Ceylon chooses Clari5 for real-time AML
  • Runs in banks spread across 15 countries
  • Clari5.genie—the AI/ML avatar—is born
  • Scales to process over 10 bn transactions and manage over 500 mn accounts
  • Becomes the world’s largest implementation with 200 mn accounts at a single site, handling 4% of the global transactions
  • Clari5’s client, IndusInd Bank, wins Celent Model Bank of the Year Award for revenue growth while preventing fraud
  • Gets positioned as an Enterprise Solution for Enterprise Fraud Technology by Chartis Research
  • Clari5’s client, Karnataka Bank, receives a highly commendable citation at the Banking Technology Awards, UK
  • Receives Best Fraud Detection Product Award from
  • Reaches 200 mn accounts, the largest-of-its-kind installation
  • Gets featured in the Nasscom’s Research Paper Indian Analytics Products—Scaling New Heights
  • Clari5’s client, Karnataka Bank, becomes the runner up for the Best Risk & Fraud Management Initiative at IBA Banking Technology Awards
  • Signed up second client for the unified Real-time EFM and Real-time AML solutions. Signed up marquee clients in the ME region
  • Signed up a large bank in India for the unified real-time enterprise fraud management and real-time AML. This is the first ever bank in the Indian banking industry to opt for unified real-time EFM and AML solution
  • Becomes a Gartner Cool Vendor for Innovative CRM
  • Presents Paperless Branch Banking Solution at Finovate Asia
  • Receives Series-A funding of $4 mn from JAFCO Asia
  • Launches Clari5
  • Becomes a Gartner Cool Vendor for innovative banking solutions
  • Wins Red Herring 100 Asia Award
2006- 2011
2006- 2011
  • Initial team on-boarded
  • Business plan finalized
  • Business plan was a Showcase Entry in TiE-ISB Connect 07
  • Product Management & Engineering teams onboarded
  • Technology Demonstrator Product Released
  • Partner Tieups (HP, Infosys) done & hit the market
  • Tech Platform released
  • Customer-ready Product Launched (by Nandan Nilekani, CEO/Chairman Infosys)
  • First Customer - ICICI Bank signed (CEM)
  • New solution - EFM launched as a successful PoC at Andhra Bank
  • Series A funding received
  • First EFM customer signed - Federal Bank


Clari5 is a consistent winner of global accolades.