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Transaction Monitoring

Complygenics can help your organization maximize the effectiveness and efficiency of your transaction monitoring system. We can ensure that the AML model rules cover all your identified scenarios that are known as “red flags”. We can also ensure that your system is tuned to match your organization’s risk appetite and the data provided to the system is of the best possible quality and that there is no data lost or unintentionally transformed from source to destination.

Our Expertise

  • We will work with your team on implementing or upgrading your transaction monitoring system

  • Identify the solution detection model/rules that best fit your organization product and services

  • Confirm that your organization identified risks are being appropriately monitored

  • Validate that all transaction generating systems are identified and their transaction activity sourced, that controls are in place to identify potential data failures, and that data provided is consistent and within the expected range.

  • Incorporate a risk-based approach on ongoing monitoring of customer transaction activities and account/customer relationships

  • Pre-production analysis of above and below the line alerts and adjustment of parameter thresholds.

  • Supports design and delivery of training

  • Follow up on generated alerts quality and review alert resolution

 

Quality Control

  • Perform quality review on generated alerts quality and resolution

  • Provide feedback to your team on generated alert quality, effectiveness, and efficiency.

  • Assist alert review analysts on understanding the logic used in the generation of alerts and how they may be an indication of suspicious activity.

  • Coach and train analysts on how analysis performance can be improved.

ComplyGenics' Process

to Conduct an Investigation

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Step 1:
Information Gathering
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Step 2:
Information Management
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Step 3:
Information Analysis

Contact Us

1100 Cornwall Rd. Ste. 205, Monmouth Junction NJ 08852

609-924-3400

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© 2020 by ComplyGenics