Regulatory and Compliance Monitoring and Reporting
This component is designed to assist financial institutions in meeting regulatory compliance mandates, as well as voluntary compliance issues. It generates alerts for transactions or combinations of transactions that fit established compliance criteria. Available offerings consist of FACT Act, BSA, OFAC, SAR, PEP and Compromised Accounts.
Informant watches the transaction streams from all available data sources and generates alerts for transactions, or combinations of transactions, that fit the compliance criteria. In addition, compliance reports are produced in PDF format, ready to sign and send in, or for online filing, if applicable.
Internal and External Fraud Detection
The fraud detection component intercepts fraud at both the internal (account holder) and external (third party, identity theft, etc.) level when a potentially fraudulent activity or trend is detected. This component monitors the complete scope of financial transactions by modeling and analyzing each transaction in real-time to detect fraud that might otherwise go unnoticed. It detects complicated fraud trends including card, check, ATM, POS, merchant, over-the-counter activity, ACH, kiting, shared branch, false deposits, and more at the exact instance these transactions are occurring. The fraud detection component integrates real-time and batch transaction history and can be adjusted to the specific needs of any risk management team.
Employee Transaction Monitoring
This module monitors employee activity and alerts auditors to specified employee activities which violate your institution’s policies or may have criminal intent. Examples include: suspicious transactions; changes made to accounts, personal information, and interest rates and loan amounts; and unauthorized browsing of records.
Database Security Monitoring
The system security monitoring component is designed to watch suspicious and unauthorized access to your core data systems. The monitoring component alerts the financial institution immediately of intentional or inadvertent access to the database from internal or external sources using unauthorized software or from an unauthorized account or location.
Innovative Support Solutions
777 E. Campbell Road, Richardson, TX 75081
Phone: 972.348.2536 Fax: 972.348.2370
A Tactical Services Company