The IDSys Proactive Clusters Monitoring is a service with a new preventive approach to AML monitoring activities: it is able to monitor, with an graphical approach, groups of transfers of money executed between various Beneficial Owners.
In the presence of networks between Beneficial Owners there is an high risk of:
- Money Laundering schemes
- Other fraudulent schemes (like misappropriation schemes)
that are active within the Institution and that could be covered by internal employees.
It helps detect and prevent frauds by recognizing anomalous and risky behavioral patterns of Beneficial Owners that are connected as a network within an Institution.
- Reduction of the responsibility of the top management
- Monitor the presence of ML schemes covered by internal employees
- Global picture of complex systems of financial transactions