Core Modules
Transaction monitoring
Our Transaction Monitoring module ensures that all financial activities are continuously observed and analyzed for any signs of suspicious behaviour.
Detect, Prevent, Protect
Smarter transaction monitoring for safer business.
Transaction - Maker Level
Transactions are initiated and recorded at the maker level, where the initial data entry and submission take place. This step ensures that all transactions are properly documented and ready for further scrutiny.
Transaction Approval - Checker Level
At the checker level, transactions are reviewed and approved or rejected based on compliance criteria. This dual-layered approach reduces the risk of errors and ensures that only compliant transactions are processed.
GoAML Reporting
Our solution, First Compliance, has fully integrated the GoAML schema guidelines into its system to streamline the generation of regulatory reports. With this feature, your organization can automatically generate and format reports in accordance with GoAML requirements. These reports are ready for direct upload to the Financial Intelligence Unit (FIU), eliminating the need for any manual processing. This not only ensures accuracy and compliance with regulatory standards but also significantly reduces the time and effort required to meet your reporting obligations.
Customizable Transaction Monitoring Rules
Tailor transaction monitoring rules to fit your organization’s specific needs. Our system allows you to set up bespoke rules that can detect unusual activities based on transaction size, frequency, location, and other relevant factors.
Regulatory Reporting Formats
Generate reports that meet the exacting standards of regulatory bodies. Our solution supports various formats required by regulators, making it easier to comply with reporting obligations.
Auto Risk Updates
As transactions are monitored and analyzed, our system automatically updates the risk profiles associated with each entity, ensuring that your risk assessments remain current and reflective of actual activities.
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