Transaction monitoring

You want to be sure you’re getting it right when you monitor transactions. And let’s be honest – manual monitoring procedures are just too vulnerable. One ‘overlooked’ transaction could lead a perfect storm. But how to control risks in a huge and growing counterparty file easily, quickly and effectively?

Well, here’s how: our bulletproof transaction monitoring solution explained step-by-step.

Our solution: Step-by-step

01

Retrieve transaction details

Step 1

02

Transaction Profiling

Step 2

03

Alerts handling

Step 3

04

Reporting

Step 4

Step 1

Retrieve transaction details

It can be a challenge i to get information from different transactions collected and structured and in the system.

 

Our solution offers several options to retrieve and structure your transactions.

We make transaction handling work with...

SWIFT connectivity

SWIFT connectivity

Direct bank connection

Direct bank connection

Manual upload

Manual upload

Step 2

Transaction Profiling

Now you’ve received all bank transactions, these are off-set against the transaction profiles.

 

The profiles you can create are client specific, with a variety of parameters. This will enable you to have complete, specific, and clear profiles that can easily be kept up-to-date.

 

Regulators love that!

We make profiling work with...

Counterparty screening

Counterparty screening

Transaction profiling

Transaction profiling

Transaction reconciliation

Transaction reconciliation

Step 3

Alerts handling

You’ve received the output of the transactions that have been offset against the profiles. The transactions which fall outside the parameters of profiles are flagged and will need some follow up.

We make validation / alert handling work with...

Automatic alerts

Automatic alerts

Pre-defined follow-up procedure

Pre-defined follow-up procedure

Audit trail

Audit trail

Step 4

Reporting

All transactions are logged.

 

You have a clear and full overview of all relevant details, such as type of transaction, counterparties, approved or unusual transactions, etc.

 

You can filter the data any way you like, and you’ll be able to run a variety of reports with just one click.

We create these insights with...

Reporting options

Reporting options

Audit trail and versioning

Audit trail and versioning

Alert handling (to Regulator)

Alert handling (to Regulator)

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From now on, it will be easy.

Our solution enables you to make profiles for your transactions. The minute a transaction is not in line with the profile, you’ll know about it.

 

From now on nothing will slip your attention!

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