Which LLM is the best KYC analyst?

Seven frontier models reviewed the same onboarding file. Fourteen planted defects and two legitimate facts built to look suspicious. Only the model differs.31 pages  •  Posted: July 24, 2026  •  PDF

Seven AI model logos above seven lenses, each casting light onto one shared document
Trusted by
Motive Ventures
Outward
Balderton Capital
Unruly Capital
Connect Ventures
Plug Capital
Sonder Capital
Acuity Fund Solutions
Concept Ventures
Beechbrook Capital
Motive Ventures
Outward
Balderton Capital
Unruly Capital
Connect Ventures
Plug Capital
Sonder Capital
Acuity Fund Solutions
Concept Ventures
Beechbrook Capital
Motive Ventures
Outward
Balderton Capital
Unruly Capital
Connect Ventures
Plug Capital
Sonder Capital
Acuity Fund Solutions
Concept Ventures
Beechbrook Capital

Key Findings

What seven frontier models found, and missed, reviewing the same onboarding file.

  • All seven rejected the file, so the verdict alone tells you nothing.
  • They found between seven and twelve of the fourteen planted defects.
  • Two defects were missed by every single model.
  • No model cried wolf on the two legitimate facts built to look suspicious.
  • Only one of seven wrote down why it cleared the clean controls.

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What’s inside

17 chapters across 31 pages, covering what each model found, what it means for your controls, and exactly how we tested.

I. What we found
  1. 1.They all get the headline right
  2. 2.Recall diverges sharply
  3. 3.Two defects the seven all missed
  4. 4.The controls came back clean
  5. 5.Price is not judgment
  6. 6.Effort is not judgment
  7. 7.What the judges can and cannot grade
  8. 8.What a newer model buys you
  9. 9.Can they even read the file?
II. So what
  1. 10.Necessary but not sufficient
  2. 11.How Steward closes the gap
  3. 12.What we are not claiming
  4. 13.About the author
  5. 14.See it on your own file
III. Methodology
  1. 15.How we tested it
  2. 16.How to read the scores
  3. 17.What we planted in the file

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Their AI handles the scale, our team handles the judgment.

“Service providers in the Compliance space often slow you down. Steward does the opposite. Their AI handles screening, document analysis, and entity validation at scale, letting our team focus on judgment calls. During our recent fundraise, we had a very short window to close, and Steward’s team went into overdrive. That responsiveness and anticipation separates a tool from a true compliance partner.”

Oded Cedar
Oded Cedar
CCO and Managing Director, Legal & Compliance @ Motive Partners

Document-first onboarding that removes blockers, even for complex structures.

“Steward’s document-first onboarding quickly extracts required information, flagging gaps, and removing blockers, even for complex structures.”

D’Arcy Martin
D’Arcy Martin
Platform @ Outward VC

Less review time, stronger audit defensibility, higher-value work.

“Steward cuts manual review time, improves decision consistency, and strengthens audit defensibility, freeing compliance teams to focus on higher-value work.”

Sol Alagba
Sol Alagba
Head of Compliance @ IAB Group

One fund became our entire portfolio on Steward.

“What started with one fund led us to move our entire portfolio to Steward, delivering seamless, AI-powered onboarding with a highly responsive team.”

Mark Pettit
Mark Pettit
CFO @ Connect Ventures

Their AI handles the scale, our team handles the judgment.

“Service providers in the Compliance space often slow you down. Steward does the opposite. Their AI handles screening, document analysis, and entity validation at scale, letting our team focus on judgment calls. During our recent fundraise, we had a very short window to close, and Steward’s team went into overdrive. That responsiveness and anticipation separates a tool from a true compliance partner.”

Oded Cedar
Oded Cedar
CCO and Managing Director, Legal & Compliance @ Motive Partners

Document-first onboarding that removes blockers, even for complex structures.

“Steward’s document-first onboarding quickly extracts required information, flagging gaps, and removing blockers, even for complex structures.”

D’Arcy Martin
D’Arcy Martin
Platform @ Outward VC

Less review time, stronger audit defensibility, higher-value work.

“Steward cuts manual review time, improves decision consistency, and strengthens audit defensibility, freeing compliance teams to focus on higher-value work.”

Sol Alagba
Sol Alagba
Head of Compliance @ IAB Group

One fund became our entire portfolio on Steward.

“What started with one fund led us to move our entire portfolio to Steward, delivering seamless, AI-powered onboarding with a highly responsive team.”

Mark Pettit
Mark Pettit
CFO @ Connect Ventures

Their AI handles the scale, our team handles the judgment.

“Service providers in the Compliance space often slow you down. Steward does the opposite. Their AI handles screening, document analysis, and entity validation at scale, letting our team focus on judgment calls. During our recent fundraise, we had a very short window to close, and Steward’s team went into overdrive. That responsiveness and anticipation separates a tool from a true compliance partner.”

Oded Cedar
Oded Cedar
CCO and Managing Director, Legal & Compliance @ Motive Partners

Document-first onboarding that removes blockers, even for complex structures.

“Steward’s document-first onboarding quickly extracts required information, flagging gaps, and removing blockers, even for complex structures.”

D’Arcy Martin
D’Arcy Martin
Platform @ Outward VC

Less review time, stronger audit defensibility, higher-value work.

“Steward cuts manual review time, improves decision consistency, and strengthens audit defensibility, freeing compliance teams to focus on higher-value work.”

Sol Alagba
Sol Alagba
Head of Compliance @ IAB Group

One fund became our entire portfolio on Steward.

“What started with one fund led us to move our entire portfolio to Steward, delivering seamless, AI-powered onboarding with a highly responsive team.”

Mark Pettit
Mark Pettit
CFO @ Connect Ventures