Account Monitoring, Transaction Tracking

A crucial component of our anti money laundering solution.

By monitoring for unusual activities and deviations from normal behaviour patterns, we can detect and help prevent fraudulent transactions, identity theft, and other malicious activities that may compromise a customer’s financial integrity.

Why account monitoring and transaction tracking from iFinancial?

Rule creation

Rules are created during customer onboarding—tailored to individual customers or their peer groups. Ensuring seamless control and compliance from day one.

Tracking acounts

A single virtual tracking account is created for each relationship through which all transactions in any currency flow. Exceptions are reported in a tracking currency equivalent.

Turnover rules

Turnover is compared against daily, monthly, rolling monthly, and annual turnover limits with exceptions being reported,

Transactional rules

Individual transactions can be compared against specific transactional limits on a real-time or T+1 basis with exceptions being reported.

Handling exceptions

Exceptions of any kind are reported to the Alert Management System for resolution by the designated team.

Integration

Our API enabled solution works seamlessly with any back-office solution.

Interested in taking a look?

Learn more about how we can help you to build your next generation of banking and financial experiences. Complete the form to share your request with our team.