One platform for Name Screening
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.
Seven 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
| Matched name | Country | List | Similarity |
|---|---|---|---|
| Silvretta Capital Partners | LI | Global sanctions list | 0.9705 |
| Silvretta Capitol Partner Ltd | GB | Global sanctions list | 0.8412 |
| Silvretta Cap. Partners SA | CH | PEP list | 0.7930 |
Screening results can be filtered by list type to reduce false positives, 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 suspicious activity report
Every disposition is logged with the analyst, the date and any notes recorded. 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
Primary source of customer and transaction data.
Sanctions, PEP and adverse media data, imported on a configured schedule.
Device and session data captured from customer-facing applications.
Detection
Evaluates configurable rules against transaction and customer data to generate alerts.
Applies statistical and behavioural models for deeper pattern detection.
Alert management
Where an analyst reviews the evidence, investigates and records the decision. Configurable investigation types and escalation paths.
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
Every disposition is recorded with the analyst, the date and any notes. Rule changes are versioned and previous versions are retained, so a change can be reviewed or rolled back rather than reconstructed.
False positives
A match reviewed and confirmed as a false positive can be whitelisted so it does not raise the same alert again, and screening results can be filtered by list type. New rules are tested against historical data before publication, then tuned once real alert volumes are known.
Regulatory reporting
Reports are produced in GoAML 5.02 format for MROS submission. Required fields are pre-filled from the customer and transaction data DetectX® already holds, and a supervisor approves the report before it is submitted.
Request a demo
We will walk one alert from match to disposition, on the modules that matter to your institution. Bring your questions about thresholds, tuning and reporting.