Transaction Monitoring and Risk-Based Scoring

Technology Architected to Monitor and Detect Risk

Transaction Monitoring and Risk-Based Scoring

End-to-end compliance functionality in FxOffice

This enables built-in transaction monitors to analyze and report on data elements from all modules including transactional, customer KYC profile data, watch list returns and payments data. The result is a 360-degree view of risk with account and transaction tracking monitors that can be easily visualized and actioned via dashboards, alert messages, case management escalation or drill-down reports.

Constant Vigilance

Recent changes to legislation expects AML policies to implement risk-based approaches to compliance programs driven by best practice standards such as FATF's Risk Based Approach (RBA). FxOffice has built-in risk scoring that can calculate customer risk rating, transactional risk scores, country (geographic) risk and behavior pattern risk within a highly sophisticated and completely customizable risk scoring engine. Moreover, the risk scoring engines are capable of intervening workflow empowering compliance-centric operating framework.

Transaction Monitoring Key Features

  • Customer Risk Scoring
  • Behaviour Monitors
  • Transaction Monitors
  • Alert and Case Management
  • Case Scoring
  • OFAC and Watch List Scoring
  • Integration into FxOffice Case Management – platform wide investigations platform

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Datasoft FxOffice is a foreign exchange and global payments software platform that offers financial institutions a completely integrated forex, treasury, compliance and payments platform.