Verification scenarios control module allows to fully automate the setup of all possible control scenarios both for anti-fraud management and anti-money laundering management.
This module is designed to set up such control scenarios by using a parametric constructor. With this system structure the bank can independently set up any control scenarios without programmers or technical staff assistance and implement them in its business processes in the shortest possible time.
The module provides a front office and back office interface to manage verification scenarios and integrate data with other systems and subsystems of the bank.
The functionality of the system allows to perform various actions on the single-window concept, including the main ones:
- creating anti-fraud scenarios based on types of transactions with specific indicators and their target values in online mode;
- creating scenarios for anti-money laundering by types of transactions with specific indicators and their target values in online mode;
- creating anti-fraud scenarios by types of transactions with specific indicators and their target values in offline mode;
- creating scenarios for anti-money laundering by types of transactions with specific indicators and their target values in offline mode;
As a result, the system generates a database (catalog) of online and/or offline scenarios for verification of the types of operations (transactions) for suspicious elements/indicators. Each scenario can consist of one or more indicators that are logically interlinked.
Online scenarios verify transactions when they are created and/or confirmed. Each scenario can only be linked to a specific type of transaction or to a group of transactions. If the system identifies at least one of the specified scenarios during online verification, the transaction falls into the "Anti-fraud management module" or "Anti-money laundering management module", where it is further analyzed and processed.
The system also supports offline verification for transactions performed in external transaction systems that are not connected to the "Anti-fraud management module" or to the "Anti-money laundering management module" uploaded post factum to the connected transaction systems. For example, card transactions which are performed using external card processing clearing. As a result, a list of suspicious transactions is generated for further processing by the bank's employees.
Thus, the system functionality allows to create, edit, delete and configure all possible control scenarios for all types of transactions, both offline and online, as part of anti-fraud and money laundering procedures