Automated Alert Investigation (AAI) Module

The NetEconomy's Solutions integrate with the AAI Module to reduce time spent on alert investigation, focusing on only the highest risk to your financial institution. The AAI Module automatically filters out false positives through a series of checks and a scoring mechanism to present user with a recommended action.

“Using the AAI module we are quickly able to evaluate and assess our SARs, reducing the time taken to investigate them, making best use of existing resources and resulting in significant cost savings.” Richard Moody, Deputy MLRO – Abbey

Highly flexible and easily configurable, the AAI Module can be used for frontline teller/branch Suspicious Activity Report (SAR) analysis as well as automated post-alert investigation and analysis.

Using the AAI Module, the compliance or investigation officer only needs to input an account number and select the relevant transactions to start the process. After entering an account number, the AAI Module will automatically gather all relevant information for the account involved such as related accounts, related customers and their accounts, and all relevant transactions. The AAI Module then analyzes the alert by performing hundreds of checks based on profile and peer group analysis, links and associations with previously reported customers or customers currently under investigation, high risk countries, and various watch lists. At the end of these series of checks, the AAI Module assigns a score and generates a recommendation to initiate a terrorist financing case, money laundering case, to flag for close monitoring or close the alert as being non-suspicious.

With these automated processes and checks, investigation is cut in half, thereby simplifying and streamlining the activity of your internal compliance staff.

NetEconomy's Automated Alert Investigation Module Datasheet