Delivering Sustainable Anti-Money Laundering Compliance Solutions
A record of unmatched success.

Cases

Transaction Monitoring Optimization

Case #1
Our client, a large National Bank purchased a new transaction monitoring system and needed assistance with selecting scenarios, setting thresholds and developing workflow processes.  Dominion tied the bank’s AML risk assessment directly to the selection of specific monitoring scenarios, ensuring risk presented by higher risk customers, products and locations was properly monitored.  We completed a threshold testing and tuning cycle enabling the bank to accurately set criteria at which alerts would be generated.  These settings helped the bank realize alert to case, and case to SAR ratios that far exceed the industry norms.  In addition, Dominion created alert prioritization and assignment protocols ensuring higher risk alerts were resolved first and by the most qualified investigators.

Case #2
Our client, a large National Bank purchased a new transaction monitoring system and needed assistance with selecting scenarios, setting thresholds and developing workflow processes. Dominion tied the bank’s AML risk assessment directly to the selection of specific monitoring scenarios, ensuring risk presented by higher risk customers, products and locations was properly addressed.  We also completed a threshold testing and tuning cycle enabling the bank to accurately set criteria at which alerts would be generated.  These settings helped the bank realize alert to case, and case to SAR ratios that far exceed the industry norms.  In addition, Dominion created alert prioritization and assignment protocols ensuring higher risk alerts are resolved first and by the most qualified investigators.

Contact Dominion

To learn more about Dominion’s experience and to speak to our management team contact us today. We can refer you to the AML directors and executives for whom we’ve worked so you can hear from them the value of what we do.

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