Transaction Monitoring and Case Work Bench

From Rule to Flag to Filed Report, on One Work Bench

Transaction Monitoring runs 56 named STR/TTR scenarios against every transaction, routes every flag into an analyst work bench for evidence-based disposition, and carries every rule and threshold change through Initiator-to-Central-Approver governance before it ever touches live monitoring.

• Configurable Rule Engine, Transcode-Driven — every transaction is classified by category, instrument, source and destination through TransCode Setup before it can feed any rule, and STR Natural/Legal Rule Setup lets compliance enable, disable, and tune parameters for each scenario.
• 56 Named STR/TTR Monitoring Scenarios — from Occupation Deviation, Structuring-style Multiple Low Cash Deposit, and Dormant Account Monitoring to High-Risk Country Transaction, PEP Monitored Transaction, and Digital Wallet Transfer — covering cash, remittance, POS, and digital channels.
• Initiator → Central Approver Rule Governance — every Transcode, STR Natural, and STR Legal rule change is submitted for approval and only takes effect once a Central Approver signs off, with dedicated Approval Queues showing Pending, Approved, and Rejected counts.
• Rule Change Audit Log — an append-only, immutable trail of every rule-change event — submit, approve, reject, create — across Transcode, STR Natural and STR Legal, with before → after values, actor, and timestamp for regulator reconstruction of any past rule state.
• Transaction White List & Watch List — rule-scoped, time-bound, reasoned and approved suppression of individual accounts or schemes from specific rules (a blanket "All STR" suppression is flagged high-risk), plus Watch List entries that raise attention without ever suppressing an alert.
• Occupation-Wise & Special-Customer Thresholds — expected turnover set per occupation or per individual customer (threshold, frequency, duration window), feeding the Occupation Deviation and Special Customer Transaction rules automatically.
• Date-Wise STR Alert Triage Work Bench — analysts review each alert's transactions and evidence across Transactions, Compliance 360, Previous Case History, Turnover Details, KYC Gap, and Other Evidence tabs, then act: Override with reason, Create Case, Mark White List, or Mark Watch List — with bulk override and bulk case creation for the same customer.
• Date-Wise Suspicious Activity Alert (SAR Triage) — behaviour-level alerts spanning multiple transactions and accounts (structuring, layering, rapid movement, funnelling), with Override, Create SAR Case, Mark Watch List, Request ECDD, and bulk Escalate to SAR actions.
• STR Comprehensive Report — one account-number-wise view of every STR alert from flag generation through case, action taken, and latest status: Total Alerts, Overridden, Case Created, Open/In Progress, Reported, and Closed/Rejected.
• TTR Account Deviation & Status Reports — compares the TTR flag table against all transactions to surface threshold breaches that were never TTR-reported, split by deposit/withdrawal and natural/legal subject.
• goAML XML Generation & Filing — Download XML Report by flag type, date range, and account scope, plus Generic STR XML Generation for manually raised flags, both finalized through an approval step before filing to FIU-Nepal.
• Flag-Wise KYC Gap Reporting — cross-references KYC completeness against triggered flags and rule sets (goAML Reporting, NRB Directive, Internal Policy), so gaps are visible exactly where they carry monitoring risk.