Transaction Monitoring Narrative Creation
Compliance analysts and investigators spend valuable time drafting narratives to complement their critical transaction-monitoring alert findings. Writing these can double the time required to complete the review of a new alert.
Automate Transaction Monitoring Narrative Creation with WorkFusion’s Intelligent Automation platform, which can easily integrate with transaction monitoring software systems to speed up the time and accuracy of each narrative. In combination with WorkFusion’s Adverse Media Monitoring tool, banks can expect to reduce 80–90% of the work required to complete a transaction monitoring alert report.
This allows teams to focus their valuable time and effort on what matters most: determining whether an alert represents suspicious activity.