Transactions

Transaction Monitoring

The Transactions section in the Platform UI provides comprehensive tools for monitoring, reviewing, and analyzing transaction activity. This is where compliance teams track financial movements, identify suspicious patterns, and ensure regulatory compliance.

Overview

The Transactions dashboard displays:

• All transactions in the system
• Real-time transaction alerts
• Risk scores and flags
• Investigation status
• Compliance actions taken

Transaction List View

The main transactions view displays all financial activity with filtering, search, and monitoring capabilities.

Filtering and Search

Find specific transactions using:

• Transaction ID — unique identifier
• Amount range — min/max transaction value
• Currency — filter by currency type
• Date range — transaction date or creation date
• Status — completed, pending, flagged, blocked
• Risk level — low, medium, high, critical
• Customer — sender or receiver name/ID
• Type — payment, transfer, withdrawal, deposit
• Country — originating or destination country
• Alert status — has alerts, no alerts

List Columns

Customize displayed columns:

Sorting and Grouping

Organize transactions by:

• Date (newest/oldest first)
• Amount (highest/lowest first)
• Risk score (highest risk first)
• Status
• Customer

Transaction Detail View

Transaction Information Tab

Core transaction data:

• Transaction ID
• Date and time
• Transaction type
• Amount and currency
• Exchange rate (if applicable)
• Fee information
• Payment method
• Reference/memo

Parties Tab

Information about transaction participants:

• Sender/Originator

  • Name and ID
  • Account details
  • Country
  • Risk profile

• Receiver/Beneficiary

  • Name and ID
  • Account details
  • Country
  • Risk profile

Risk Assessment Tab

Automated risk analysis:

• Overall risk score (0-100)
• Risk level classification
• Contributing risk factors
• Risk indicators triggered
• Historical risk comparison

Alerts Tab

Triggered alerts and rules:

• Alert type (AML, fraud, sanctions)
• Alert severity
• Rule/scenario that triggered
• Alert description
• False positive likelihood
• Resolution status

Screening Results Tab

Real-time screening outcomes:

• Sanctions Screening

  • OFAC, EU, UN sanctions lists
  • Match confidence scores
  • Matched entities

• PEP Screening

  • Politically exposed persons
  • Relationship to PEPs

• Adverse Media

  • Negative news mentions
  • Source and date

Pattern Analysis Tab

Behavioral patterns and anomalies:

• Transaction velocity (frequency)
• Amount patterns (unusual sizes)
• Geographic patterns (unusual countries)
• Time patterns (unusual hours)
• Historical comparison
• Peer group comparison

Investigation Tab

Case management for flagged transactions:

• Investigation status
• Assigned investigator
• Investigation notes
• Supporting evidence
• Related transactions
• Decision timeline

Activity Log Tab

Complete audit trail:

• All actions taken
• Status changes
• Screening results
• User actions
• System events
• Timestamps

Alert Management

Alert Types

Common alert categories:

Alert Actions

Investigators can:

• Review — Mark alert as under review
• False Positive — Dismiss as non-suspicious
• Escalate — Send to senior investigator
• File SAR/STR — Create suspicious activity report
• Block — Prevent transaction from completing
• Request Info — Ask customer for explanation

Alert Workflows

Automated workflows for alerts:

• Auto-dismiss low-confidence alerts
• Auto-escalate high-severity alerts
• Route alerts by type to specialists
• SLA tracking for alert resolution

Transaction Monitoring Rules

Rule Configuration

Create custom monitoring rules:

• Threshold Rules — Amount-based triggers
• Velocity Rules — Frequency-based triggers
• Pattern Rules — Behavioral anomalies
• List-Based Rules — Sanctions and watchlists
• Geographic Rules — Country-based risks

Rule Parameters

Configure rule settings:

• Threshold values
• Time windows
• Currencies
• Customer segments
• Risk weightings
• Alert severity

Testing Rules

Validate rules before deployment:

• Test with historical data
• Review false positive rates
• Adjust thresholds
• A/B testing

Risk Scoring

Scoring Methodology

Transaction risk scores consider:

• Transaction characteristics (amount, type, frequency)
• Customer risk profile
• Geographic risk
• Screening results
• Historical behavior
• Peer group comparison

Risk Factors

Individual risk factors include:

• Amount relative to customer profile
• High-risk country involvement
• First-time beneficiary
• Unusual time or day
• Round amount pattern
• Rapid movement of funds
• Cash-intensive business

Custom Scoring

Adjust scoring for your business:

• Weight risk factors
• Define risk thresholds
• Create custom factors
• Industry-specific models

Reporting and Analytics

Dashboard Metrics

Key performance indicators:

• Total transaction volume
• Total transaction value
• Alert rate
• False positive rate
• Average investigation time
• SAR/STR filing rate
• Top risk countries
• Top alert types

Reports

Generate compliance reports:

• Transaction summary reports
• Alert activity reports
• SAR/STR reports
• Regulatory reports
• Audit trail reports
• Custom reports

Export Data

Export transaction data for:

• Regulatory reporting
• Audit purposes
• Data analysis
• Integration with other systems

Supported formats:

• CSV
• Excel
• JSON
• PDF
• XML (regulatory formats)

Investigation Tools

Related Transactions

View connected transactions:

• Same customer transactions
• Same beneficiary transactions
• Similar patterns
• Time-based clustering
• Network analysis

Network Visualization

Visual tools to identify:

• Transaction networks
• Fund flows
• Common parties
• Suspicious patterns
• Entity relationships

Timeline View

Chronological transaction view:

• Transaction sequences
• Pattern emergence
• Velocity visualization
• Investigation timeline

Regulatory Compliance

SAR/STR Filing

Suspicious Activity Report tools:

• Pre-filled SAR forms
• Supporting documentation
• Filing status tracking
• Regulatory submission
• Confirmation receipts

Audit Trail

Complete compliance documentation:

• All actions logged
• User attribution
• Timestamps
• Reasoning documented
• Defensible decisions

Best Practices

1. Review Alerts Promptly — Don't let alerts age
2. Document Thoroughly — Explain all decisions
3. Tune Rules — Reduce false positives
4. Look for Patterns — Single transactions may be part of larger scheme
5. Use Network Analysis — Connect related transactions
6. Stay Informed — Keep up with emerging typologies
7. File SARs When Appropriate — Better safe than sorry
8. Monitor Trends — Watch for changes in transaction patterns
9. Collaborate — Share insights with team members
10. Regular Training — Stay current on regulations and techniques