ANTI-MONEY LAUNDERING INVESTIGATION

Automate the lower-end of AML alerts investigation through a knowledge-assisted process

KNOW MORE

WHAT'S INVOLVED?

 

Transaction monitoring systems generate numerous AML alerts and each alert needs to be eye-balled. Determining whether an alert is a false positive or the activity is unusual and reportable can be time-consuming and data-intensive. For the alerts that qualify for Suspicious Activity Reports, SARs are filed with FinCEN as mandated.
To bring down compliance cost, there is a need to reduce the time spent per investigation case and to reduce the number of false positives. 

THE PROCESS

 

zoom image

WHAT WE CAN DO

 

BENEFITS