Transaction monitoring is first and foremost a matter of identifying and drawing up transaction profiles. To enable transaction monitoring, these transaction profiles must be exceedingly detailed. The transactions are checked for risks automatically as well as manually to prevent reputational damage
WhAT does thE Transaction monitoring eNtail?
- Advice on automated screening and pattern recognition per client
- Compilation of transaction profiles – Identification of future transactions and risk analysis
- Monitoring – Determine whether they are in line with the transaction profile
- Evaluation of higher risk transactions