ICIL AML Transaction Monitoring Solutions
Global Radar-AML Transaction Monitoring Solution
Banks requires strict global regulatory requirements for Transaction Monitoring to generate suspicious activity reports related to Money Laundering and Terrorist Financing.
Monitoring and reporting on suspicious activity, many a time unknown threats can get you in trouble.
Monitor Suspicious Activity:
Suspicious Activity Monitoring offers end-to-end coverage for detection, scoring, alerting, and reporting of suspicious activity to make sure nothing slips through the cracks. It supports full investigation life cycle and, with integrated case management platform, improve your staff’s productivity, helping you to meet regulatory obligations in a cost-efficient manner.
Suspicious Activity can be identified and prevented by:
- Detection models specifically designed for the banking, finance, securities, and insurance industries.
- Advanced analytics profiling capabilities allow for multi-level, flexible monitoring.
- High-quality alerts focus investigations on the highest priority issues.
- Automated reporting and regulatory filing that eases AML compliance requirements.
AML transaction monitoring protect you against the known and the unknown hiding within the millions of transactions your institution processes each day.
- A, multi-phased analytics approach combines rules based models with profiling analytics to identify known risk scenarios, discover previously unknown money laundering risks, find hidden relationships between accounts, and ensure regulations are met.
- Standardized anti-money laundering processes, integrated, customizable workflows, allow users to establish standard processes and procedures and adhere to regulatory obligations for effective, automated and cost-efficient compliance.
- Automated investigation processes and support capabilities pool data from various sources and auto-populate content to deliver automated Suspicious Activity Report (SAR) and Currency Transaction Report (CTR) forms, improving investigation accuracy and speed.