Investigation and reporting
Enterprise investigation and case management are critical to your institution’s ability to manage its internal controls for AML, anti-fraud and anti-terrorist financing.
Verafin breaks down silos to increase transparency across the enterprise. It minimizes the duplication of effort involved in reviewing multiple alerts and managing separate cases for the same customer and the same set of transactions while streamlining risk management and compliance reporting process.
To facilitate the timely review, investigation and reporting of suspicious activity, Verafin also provides a suite of investigation tools, including:
- detailed alert evidence that helps you quickly understand why it was generated and what to do next
- full transaction search capabilities
- access to additional relevant customer data, such as the customer’s individual risk score and history of alerts/cases/reports, and their associations and group memberships
