Ninth Wave Builds Multi-Agent Open Finance Onboarding on Amazon Bedrock
What did Ninth Wave announce?
FAQ
What is Ninth Wave's Compass?
Compass is a multi-agent open finance onboarding assistant built on Amazon Bedrock AgentCore that validates bank APIs against FDX, scores compliance, and cuts onboarding from weeks to minutes.
How does agentic onboarding differ from traditional onboarding?
Traditional onboarding relies on manual testing and human reviews taking weeks, while Compass automates FDX API validation and compliance scoring in minutes with an auditable record.
Can MENA banks adopt this model?
Yes, the architecture is replicable with regional open finance frameworks, but teams must verify alignment with local regulators such as SAMA and CBUAE before production.
Why do SOC 2 and PCI DSS matter here?
Because the assistant handles sensitive financial data and banking APIs, SOC 2 and PCI DSS are baseline requirements for banks to accept it in production environments.
Source: AWS Machine Learning
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