Transaction Monitoring
Get an intelligent review of your organisation’s transactions, streamline detection and monitoring of suspicious transactions for effortless compliance.
Handle millions of transactions with ease and strengthen your defences
Fourteen years, thousands of hours in designing state-of-the-art infrastructure, and a vast experience of successful implementations around the globe, our Transaction Monitoring solution has been designed specifically to meet the needs of your compliance team.Â
Using the best-of-its-kind, simple to deploy technology, our platform enables you to systematically and intelligently review your organisation’s transactions with ease.Â
A crucial part of your organisation’s AML strategy, having a transaction monitoring system is essential for your compliance team to efficiently monitor financial transactions and detect any suspicious activities indicative of money laundering.Our advanced AI-driven technology allows you to conduct a deep analysis of your data to minimise false positives and negatives along with identifying suspicious activities that a rules-based system alone cannot.
- Test new rules without hampering your daily operations
- Minimise false positives
- Reduce false negatives and ensure quality alerts
- Improved decision-making with user-friendly AI insights
- Manage your risks like a pro
- Increased operational efficiency & reduced costs
- Holistic customer view
- Automate suspicious activity reporting
- Generate detailed audit trail reports
- Click & use monitoring rules
Our numbers speak for themselves
NLP Models
Requests processed per second
Scenarios’ in-built library
In-built reports and dashboards
Reduction in false positives
Languages transliteration (Arabic & English)
Elevate your financial vigilance with our powerful AML Transaction Monitoring features.
Real time transaction monitoring
Effortlessly conduct real time, near real-time & batch-based monitoring and detection of financial, digital & non-financial transactions w.r.t suspicious activities in new accounts.
Pre-defined set of transaction monitoring scenarios
Match your compliance needs pertaining to all kinds of client attributes with our comprehensive library of customisable rule-based scenarios.
Automated data import through scheduled jobs and APIs
Import data automatically from source systems through scheduled jobs for batch or near real-time monitoring ensuring transactional and customer data remains up-to-date.
Alert assignment
Assign role-based / user-based alerts specific to roles of individuals within an organisation for further investigation and action.
Multi-channels and products
Proactively monitor cross-channel and cross product transactions.
Related alerts
Get a comprehensive understanding of a customer’s transactional behaviour and associated alerts with a holistic view of transaction alerts linked to a profile.
Manual alerts
Highlight specific cases that may not be automatically detected with the manual alerts feature to ensure no suspicious activity goes undetected.
Test rule environment
Test a given scenario along with accessing tools for scenario tuning and optimisation with our advanced test rule environment feature.
Configurable alert parameters, thresholds & rules
Configure and customise scenario rules based on your organisation’s risk appetite and regulatory obligations with complete flexibility to flag potential suspicious activities.
Compliance just a click away with powerful dashboards & reporting
Explore all customer data and analytics on a single, unified dashboard. Our best-in-class dashboards & reporting tools help your organisation in meeting compliance obligations by providing continuous, large-scale customer screening and re-screening capabilities leading to substantial operational efficiencies.
Our dashboards give you:Â
Top-down view of key screening activity
Client history, highlighting the customers who have scored the most hits
Current screening configurations
Reduced time in conducting review with bulk operations feature and keyboard shortcuts.
Overview of team activity and workflows, highlighting backlogs and performance issues.
XX
BenchMatrix Partners with MCB to Propel Pakistan’s Banking Industry Towards Effective Risk and Compliance Management
BenchMatrix Private Limited and MCB Bank Limited signed an MoU for the implementation of Compliance Risk Management solution. Through this partnership, BenchMatrix – one of
Al Jabr Financing Corporation (AJFC) goes live with the implementation of our proprietary Anti-Money Laundering Solution
Al Jabr has gone live with BenchMatrix’s proprietary Anti-Money Laundering Solution which is a comprehensive anti-money laundering solution. The AML application will assist Al Jabr on it’s journey
Al Saqi e-payment services in Iraq selects BenchMatrix for the implementation of Anti-Money Laundering Solutions
Al Saqi e-payment services has selected our proprietary AML: a fully built and enhanced anti money laundering platform which will help screen customers and identify suspicious