What CONSORTIX does

Consortix is a Budapest-headquartered financial crime compliance consultancy founded in 2015 that delivers anti-money laundering (AML) and counter-terrorist financing solutions to banks, insurance companies, wealth management firms, payment service providers, central banks, and government institutions across Europe with extensions into North America, Africa, and Moldova. The company operates a SAS Silver Partner, MASP (Managed Analytics Service Provider), and reseller model in which its flagship AML Accelerator configuration layer wraps SAS Viya with pre-built modules for Transaction Monitoring, Customer Screening, Customer Due Diligence, Regulatory Reporting, and KYC Onboarding to compress enterprise AML deployments from typical 8-9 month cycles down to as little as 2 months.

The product portfolio includes Aurora, launched in 2025 as a modular agentic AI suite that converts plain-language AML rule descriptions into tested, auditable, production-ready scenarios using generative and autonomous agent capabilities built on SAS Viya. Aurora addresses the translation gap between compliance policy and technical implementation, with cited use cases including reduction of AML scenario development from weeks to days and reduction of false-positive rates. A funded NRDI R&D project (2018-1.1.1-MKI-2018-00145) underpins the proprietary machine learning methods using matrix factorization and deep learning for transaction chain anomaly detection. The company maintains a multi-vendor extension through a Lucinity partnership for clients preferring AI-native compliance stacks, delivering configuration, onboarding, and integration services.

Commercially, Consortix generates revenue across four streams: one-time SAS AML software resale (Transaction Monitoring, Customer Screening, CDD, Regulatory Reporting, KYC), managed services delivered through the MASP subscription model with multi-year contracts (hosting, maintenance, monitoring, eliminating hardware and IT operations costs), professional services including consulting, implementation, and multi-level support, and partnership-based configuration revenue from Lucinity engagements. The company employs 40+ staff (nearly 20 in support alone), operates from Budapest with a Toronto subsidiary (Consortix Canada, incorporated 2022), and references 50+ successful implementations across 20+ countries including tier 1 banks (OTP Group across 8 country subsidiaries, Saint James's Place), mid-market banks (MKB Bank, MBH Bank, Landsbankinn), and government clients (National Bank of Moldova, monitoring 300,000 daily transactions via 100+ scenarios across 37 integrated databases). Consortix is ISO 27001 certified, is privately held with founder-led ownership (CEO Tamás Ács), and operates within the Consortix Group alongside subsidiaries Sapientics (IT consulting) and Consortix Canada.

Name

CONSORTIX

Legal name

Consortix Plc. (Consortix Informatikai Tanácsadó Private Limited Company)

Website

https://consortix.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Consortix is a Budapest-based financial crime compliance consultancy that implements SAS-based and Lucinity-based AML solutions, AI-driven scenario development (Aurora), and managed services for banks, insurers, wealth managers, PSPs, and central banks across 20+ countries.

Ownership category

akta.pro rank

Product category

Anti-Money Laundering Compliance Software & Services

NAICS

Other Scientific and Technical Consulting Services (54169), Computer Systems Design and Related Services (54151), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Services-Management Consulting Services (8742), Services-Computer Programming Services (7371)

akta.pro primary industry

Financial Crime, AML/CFT & Sanctions Compliance (BPAHAFAE)

akta.pro secondary industries

Financial Crime Compliance Program Management (Policies, Controls, Training) (FSAMAMAH), Fraud, Risk, KYC/AML & Compliance Platforms (BPAMAFAI), Risk, Compliance & Internal Controls Consulting (BPAHACAJ)

Keywords

• Anti-money laundering solutions
• AML compliance consulting
• Transaction monitoring software
• Financial crime compliance
• SAS AML implementation

Headquarters

HQ city

Budapest

HQ country

Hungary

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Software Resale: Reselling SAS AML software solutions including Transaction Monitoring, Customer Screening, Customer Due Diligence, Regulatory Reporting, and KYC Onboarding modules
2. Managed Services (MASP): SAS AML software delivered as a managed service through MASP model; includes hosting, application maintenance, monitoring; eliminates hardware costs and IT operation expenses
3. Consulting and Implementation: Specialized consulting, implementation and first-line support for SAS AML systems; includes system implementation, multi-level support services, AI-based optimization
4. Strategic Partnership Services: Configuration, onboarding, integration and change management services for Lucinity platform partnerships

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Consortix sells, implements, and supports anti-money laundering and financial crime compliance solutions primarily built on the SAS Viya platform, including its proprietary Aurora agentic AI suite and the AML Accelerator configuration layer that bundles Transaction Monitoring, Customer Screening, Customer Due Diligence, Regulatory Reporting, and KYC Onboarding modules. The company delivers these as licensed software, cloud-hosted managed services (AML Accelerator Cloud / MASP), and professional consulting, implementation, and multi-level support services.

Product overview

Consortix offers a unified financial crime compliance platform primarily built on SAS Viya, comprising the AML Accelerator as the core configuration layer with modular add-ons for Transaction Monitoring, Customer Screening, Customer Due Diligence, Regulatory Reporting, and KYC Onboarding. The portfolio includes Aurora, an agentic AI suite for AML scenario development, the managed AML Accelerator Cloud service, Multi-level Support Services, and the Lucinity Partnership solution for AI-driven compliance transformations. The offerings range from on-premise implementations to cloud-hosted managed services, serving banking, insurance, wealth management, payment service providers, pharma, and gambling industries across Europe and beyond.

Differentiator

Problem solved

Functional benefit

Brands

• Aurora: Agentic AI-based scenario developer assistant for Anti-Money Laundering solutions that turns plain-language AML rule descriptions into tested, auditable, production-ready scenarios in hours rather than weeks.
• Sapientics

Products and services

• Consortix AML Accelerator Best-practice-based configuration layer built on SAS AML that provides out-of-the-box know-how for quick deployment of anti-money laundering solutions, bundling Transaction Monitoring, Customer Screening, Customer Due Diligence, Regulatory Reporting, and KYC Onboarding modules. Targeted at banks, insurance firms, wealth managers, PSPs, pharma, and gambling companies needing to stand up or accelerate AML programs.
• Aurora Modular agent-based AI suite built by Consortix on SAS Viya that extends existing AML systems rather than replacing them, tackles the slowest, most manual parts of the AML scenario lifecycle, and turns plain-language AML rule descriptions into tested, auditable, production-ready scenarios in hours rather than weeks. Designed for compliance and financial crime teams at financial institutions that need to accelerate rule development while keeping every step transparent, documented, and auditable.
• Transaction Monitoring AML Transaction Monitoring module built on the SAS platform with Consortix proprietary add-ons covering business and regulatory transaction monitoring requirements from data orchestration through fine-tuning, including risk-based approach and system calibration for false-positive reduction.
• Customer Screening Customer screening system covering regulatory requirements with advanced fuzzy matching algorithms, secondary matching, and support for sanctions watchlists, adverse media, PEP, and UBO screening.
• Customer Due Diligence Solution for collecting customer data, performing dynamic risk assessments, and assessing AML risk of customer relationships with continuous monitoring and Enhanced Due Diligence workflows.
• Regulatory Reporting Platform-independent application for validating and managing regulatory reports including Suspicious Transaction Reports, with integrated task management and compliance with regulatory changes.
• KYC Onboarding KYC application for making accurate onboarding decisions, monitoring processes, streamlining workflows, and creating customized questionnaires for customer risk assessment.
• AML Accelerator Cloud Managed service delivery of the AML Accelerator built on SAS platform, provided as a secure cloud service with hosting, application maintenance, and monitoring included, eliminating hardware costs and IT operation expenses for institutions that cannot manage complex on-premise deliveries in-house.
• Multi-level Support Service Expert SAS AML support service including health checks, hotfixes, updates, issue resolution, optimization, system changes, and full system operation for financial institutions, backed by a dedicated team of nearly 20 professionals.
• Lucinity Partnership Solution Full-service compliance transformation combining Lucinity's AI-driven tools (Case Manager, Customer 360, Transaction Monitoring, Luci AI Agent, Regulatory Reporting) with Consortix's implementation and support services, delivered as configuration, onboarding, integration, and change management for European financial institutions.

Quantifiable outcome

• AML scenario development reduced from weeks to days
• +3 more outcomes

Named customers6 records

Segments7 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability5 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core and major.

• LucinitycoreStrategic or Co-development Partner · 25 June 2025Strategic partnership to deliver complete compliance solution for financial institutions across Europe. Combines Lucinity's AI-driven investigation and monitoring tools (Case Manager, Customer 360, Transaction Monitoring, Luci AI Agent, Regulatory Reporting) with Consortix's hands-on expertise in financial crime system implementation and support. Consortix provides configuration, onboarding, and integration services.
• SAScoreTechnology or Integration · 1 January 2015SAS Silver Partner, MASP (Managed Analytics Service Provider) service provider, and reseller. Over 25 SAS solution-based projects since 2015. Implements entire SAS AML solution in direct collaboration with customers. Provides specialized consulting, implementation and first-line support for SAS AML systems. Accelerator Framework built as configuration layer on SAS solution.
• USAIDmajorStrategic or Co-development PartnerUSAID Financial Sector Transparency Activity (FSTA) partnership for National Bank of Moldova AML system. Project coordinated by International Development Group LLC (IDG). Consortix served as technology and implementation partner.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Lucinity: Iceland-based AI-native AML/compliance platform vendor offering Case Manager, Customer 360, Transaction Monitoring, and the Luci AI Agent. Direct strategic partner of Consortix but also a potential channel partner; target market segments (banks, fintechs, payment service providers) overlap almost entirely.

Broad incumbents

• NICE Actimize: Market-leading financial crime and AML enterprise software suite sold to tier-1 banks and financial institutions globally. Competes with Consortix's SAS-based offerings for large AML transformation deals, though Consortix differentiates as a partner/implementer rather than a platform vendor.
• Oracle Financial Services Anti Money Laundering: Oracle's AML/financial crime compliance suite (formerly Mantas) competes with SAS-based AML solutions in the same enterprise banking segment. Consortix occasionally competes against Oracle during AML platform selection at financial institutions.
• BAE Systems Applied Intelligence (NetReveal): Established AML and financial crime compliance suite (NetReveal) sold to large banks and government agencies globally. Competes for tier-1 AML transformation deals alongside Consortix's SAS-based offerings.

Emerging players

• Featurespace: UK-based AI-native fraud and AML transaction monitoring vendor using adaptive behavioral analytics. Targets the same banks Consortix serves, with a more productized, AI-native offering that competes for AML transformation budgets.
• ThetaRay: AI-native AML and sanctions screening platform vendor serving banks and payment service providers globally. Competes with Consortix-implemented AML systems for net-new platform RFPs, particularly in cross-border payments.
• Napier AI: UK-based AML compliance platform vendor offering transaction monitoring, customer screening, and case management. Targets mid-market banks and challengers, overlapping with Consortix's mid-market MASP segment.
• Silent Eight: AI-based AML and sanctions screening vendor using machine learning for name and transaction screening. Competes with Consortix's customer screening modules for AML compliance transformations at financial institutions.
• ComplyAdvantage: AI-native AML/KYC data and platform vendor serving banks, fintechs, and payment service providers. Overlaps with Consortix's customer screening and KYC onboarding modules, particularly for fintech and PSP clients.

Regional players

• Fenergo: Ireland-based client lifecycle management and KYC/AML platform vendor serving global banks. Overlaps with Consortix's KYC Onboarding and customer due diligence capabilities, particularly in European banking.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/consortix_hq
• Facebookfacebook.com/consortix
• LinkedInlinkedin.com/company/consortix

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CONSORTIX