One platform for Name Screening, Transaction Monitoring, Transaction Filtering, Client Risk Scoring and Adverse Media Search
DetectX® screens customers and counterparties against sanctions, PEP and adverse media lists, monitors transactions against configurable rules and behavioural models, and routes every match to one alert queue for review.
Illustrative DetectX® interface. Synthetic data, not a live system.
Detection modules, one alert queue
Every module draws on the same customer and transaction data, ingested and standardised once by the Data Collection Module.
Screening
Name Screening
Screens customers and counterparties against sanctions lists, PEP registers and adverse media sources. Matches above the configured threshold are raised as alerts.
Transaction Filtering
Screens payments against sanctions lists before they are processed, and holds a matched payment for review. Instant Payment Transaction Filtering covers instant payment schemes, where the check completes inside the scheme response time.
Adverse Media Search
Searches public news and media sources for negative coverage linked to a customer, and surfaces the results that meet your configured thresholds.
Behavioural detection
Transaction Monitoring
Analyses transactions against configurable rulesets and behavioural models to detect unusual patterns over time.
Client Risk Scoring
Maintains a risk score and risk tier for each customer, updated as new information arrives, with the rules and events that moved the score retained alongside it.
Digital Identity
Evaluates device, session and login signals from customer-facing applications to detect anomalous behaviour and account takeover.
Investigation and reporting
Alert Management
Analysts review, investigate and disposition alerts in one queue, with the customer profile, the transaction history and any linked alerts on the same screen. Investigations follow workflow templates that mirror your own review and escalation procedure.
Regulatory Reporting
Generates reports in GoAML 5.02 format for submission to MROS, and can be configured for other jurisdictions where applicable.
From match to disposition
One screening alert, as an analyst actually works it.
Person info
Screening also runs automatically whenever a customer record is created or updated, and in batch across an existing portfolio.
Matches, 3 above threshold
Screening results can be filtered by list type, and a match confirmed as a false positive can be whitelisted so it does not raise the same alert again.
Similarity score
The alert detail carries the match evidence, the linked objects and the full comment trail, so the reasoning behind a decision stays with the alert.
Record a disposition
- Close, no action requiredFalse positive, or no suspicious activity found
- EscalateForward to a supervisor for further review
- ReportInitiate a report to the financial intelligence authority
An alert is closed by a person, not by the engine that raised it.
Where DetectX® sits
Data in, detection, a human decision, then the report. Nothing skips the analyst.
Sources
Core banking system
The primary source of customer and transaction data.
List providers
Sanctions, PEP and adverse media data, imported on a configured schedule.
Digital signals
Device and session data from customer-facing applications.
Detection
Business Rules Engine
Evaluates configurable rules against transaction and customer data to generate alerts.
Analytical Engine
Applies statistical and behavioural models for deeper pattern detection.
Alert management
AlertViewer
Where an analyst reviews the evidence, investigates and records the decision, with configurable investigation types and escalation paths.
Reporting
Regulatory Reporting
Structured reports in GoAML format, for submission to the financial intelligence authority.
DetectX® is a standalone platform that can integrate with a range of core banking systems. Rules are versioned: a change is tested against historical data before it is published, and a previous version can be restored if it produces unexpected results.
Every decision is logged
Compliance work is judged after the fact, by someone who was not in the room. The record matters as much as the detection.
Audit trail
Dispositions
Every disposition is recorded with the analyst, the date and any notes.
Versioned rules
A rule change is a new version, and previous versions are retained.
Rollback
A change can be reviewed or restored rather than reconstructed from memory.
False positives
Whitelisting
A match confirmed as a false positive can be whitelisted so it does not raise the same alert again.
Filtering
Screening results can be filtered by list type, so a review is scoped to what it is about.
Tested before publication
A new rule is run against historical data before it goes live, then tuned once real alert volumes are known.
Regulatory reporting
GoAML 5.02
Reports are produced in the format MROS accepts.
Pre-filled fields
Required fields come from the customer and transaction data DetectX® already holds.
Supervisor approval
A report is approved before it is submitted, so submission is a decision rather than an action.
See it on your own data
A demo runs against a scenario you choose, so the alert volume and the match quality are yours rather than ours.
Request a demo