5
Intro
Investigation
Challenges
Decision Intelligence
Approach
Step 1:
Fuse Data
Step 2:
Define How
Information is
Presented
Step 3:
Surface Suspicious
Transactions
Step 4:
Prioritize Leads
Step 5:
Detect Suspicious
Activities
Step 6:
Construct the
Narrative
Step 7:
Map the Network
About NEXYTE
7 Key Steps in AML Investigations
Mapping the enabler network is a particularly effective approach to uncovering a
money laundering operation. There are 7 key steps that can help investigators do
so faster and more effectively.
Steps 1 and 2 are critical actions for organizations to lay the groundwork before
an investigation starts, which need only be done once. Without the right decision
intelligence platform in place, AML investigators will be overwhelmed with
unusable data, and it will be difficult for them to make fast, high-quality decisions.
Steps 3 through 7 are the key stages for an investigator to follow from the moment
an STR/ SAR comes in, or suspicious activity is detected, until the enabler network
is mapped.
Fuse Data into a Holistic View
Define How Data is Presented
Surface Suspicious Transactions
With automated rules & alerts
Detect Suspicious Activities
By correlating profiles
Prioritize Leads To Investigate
With ML-based risk scoring
Construct The Narrative
With AI-powered enrichment
Map The Network
Using link analysis
Setting Up For Success
Mapping Enabler Network
1
2
3
5
4
6
7
Use Case Scenario
Using an illustrative scenario,
we will explain the key
steps and how a Decision
Intelligence platform is vital
to carrying them out. Read on
to learn more.