RegTech’s team have extensive experience in implementing, operating, and scrutinising transaction monitoring (TM) systems and frameworks.

Our expertise lies in assisting organisations in identifying strengths and weaknesses, and aligning wider processes and controls to fortify their regulatory compliance.

Utilising our proprietary TM Maturity Model, we meticulously assess how your TM framework aligns with regulatory benchmarks. This comprehensive evaluation encompasses:

• Development and adherence to policies and procedures
• Efficient alert management, escalation, investigation, and workflow processes
• Robust governance and management information mechanisms
• Rigorous quality control, quality assurance, and compliance oversight protocols
• Adequate resourcing, training, and communications strategies
• Ensuring systems & business continuity to sustain TM operations.

Recognising that TM rules form the backbone of automated TM systems, we address the fundamental question: How can a company ascertain whether its TM rules are sufficiently robust to mitigate risks and identify suspicious activities? Our solution involves generating a detailed heat map illustrating how a firm's set of rules align with its specific financial crime risks, empowering organisations to proactively manage their compliance obligations.