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Transaction Monitoring - AML system to analyze the plausibility of all transactions

Pythagoras Transaction Monitoring takes client information from the Pythagoras database with transaction information from the accounting system and processes them together through a pre-determined set of rules. These rules are defined by your organisation - any deviation from normal or plausible transactions will be alerted and can be documented. Integration with the Partner Screening and Transaction Screening modules in Pythagoras Solutions enables a detailed picture of the financial circumstances of clients, all while fulfilling regulatory requirements at the same time.

Main Advantages

  • Daily update with accounting data ensures timely detection of anomalies
  • Analysis of business cases regarding plausibility to detect abnormal activities
  • Flexible and transparent configuration of rules, thresholds and limits, to fit any scenario
  • Workflow and task assignment for follow up on alerts and documentation requirements
  • Option to integrate Client Profile, build peer groups, define individual limits and link all data in the system
  • Deployed solution ensures data security, no internet connection required

     

 

Key Features

  • Multiple groups of rules available, based on practical experience in the financial industry
  • Standard set of rules can be selected, or individual rules specifically configured according to in-house risk management and procedures
  • Automatic report generation in various formats possible, such as Excel, PDF, csv
  • Definition of dependencies and correlations between various rules
  • Detection of unusual flow of funds over a period of time (e.g. smurfing)
  • Set up of peer groups of clients to compare transactions with an average of the group
  • Multiple Languages for user interface

Download our 2-page overview of this solution and ask us for a Demo