The associated compliance activities
The solution can be customized to work with any alert type where the administrator can build specific rules to deal with alerts from intake through to resolution. Key features of the solution include the ability to augment alerts with pertinent data resident on the bank’s systems and to build configurable workflows which assign the alerts to the appropriate analyst team..
By weeding out the false positives and focusing only on those suspicious activities that warrant further scrutiny, the associated compliance activities, such as submission of Suspicious Activity Reports to the Financial Crimes Enforcement Network of the United States Treasury or matters relating to the Bank Secrecy Act and anti-terrorism, will be handled with greater efficiency. The end-product is compliance attained and maintained with greater ease and certainty.
- Eliminates the need for multiple detection systems and can provide alerts various transactions like check, card or loan fraud
Aithent Alert Manager
A browser-based solution that allows financial institutions to gain control of its flow of alerts and, thus, make its compliance, investigation and fraud prevention efforts more effective.