Transaction Monitoring
Transaction monitoring is the ongoing process of analysing financial transactions to identify unusual activity that may indicate money laundering, fraud, and other financial crimes. It's an essential component of a robust AML strategy, helping businesses comply with regulations and protect their reputation.
EFI provides transaction monitoring operational services ensuring your compliance needs are met efficiently and effectively.
Why EFI?
- In Flight Management
- Transactional Pricing
- Continuous Learning
- Speed of Stand up
- Analyst Selection
- Alignment of Outcomes
Look Backs, Reviews and Remediation
Whether you represent a crypto exchange looking to implement Transaction Monitoring processes to meet regulatory requirements, a scaling FinTech needing to review and enhance your monitoring frameworks, or an established Financial Institution aiming to improve or remediate Transaction Monitoring across a specific business line, our experienced teams can support you. Working in collaboration with our clients, we apply a strategic approach to the planning and execution of monitoring enhancements, ensuring compliance is achieved effectively and efficiently.
With extensive experience working with firms under regulatory scrutiny, we provide the support our clients need to meet agreed deadlines and deliverables with confidence.
On-going Transaction Monitoring
Our Transaction Monitoring service extends to ongoing BAU support, ensuring your team has the resources and expertise needed to manage alerts effectively and maintain compliance. We provide skilled profe-ssionals to support your in-house teams with alert reviews, investiga-tions, and the preparation of high-quality SARs. By focusing on the people side of Transaction Monitoring, we help you maintain operational efficiency and meet regulatory expectations with confidence.
Flexible On-going Screening
EFI offers flexible ongoing support for managing daily screening alert reviews. Our approach ensures that alerts are reviewed in a timely manner while maintaining strict adherence to service level agreements. By providing adaptable staffing models, including per-alert costing, we give clients full control over costs while delivering reliable results.
Our global presence, including a hub in Sri Lanka, enables us to offer 24/7 support, ensuring your operations are always running smoothly, no matter the volume or urgency.
Backlogs, Reviews, and Remediation
EFI specialises in helping organisations manage large backlogs, conduct reviews, and remediate their screening processes. Our teams are rapidly mobilised to clear high volumes of alerts efficiently, using a strategic approach that combines detailed project planning, a deep understanding of your business, and robust quality assurance frameworks. By streamlining these critical activities, we help organisations align with AML regulations, improve efficiency, and address regulatory concerns confidently and effectively.
What Sets EFI Apart
EFI ensures correct resourcing levels by aligning teams with predicted demand through a cost-per-case model. We leverage analytics to accurately forecast demand and scale resources effectively.
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To maintain cost and productivity, our model incentivises analysts to achieve quality outcomes while addressing learning gaps through targeted interventions. Our pricing is designed to be comparable to, or more competitive than, captive teams based in Asia.
We provide flexibility to accommodate demand peaks with fungible resources and pay-per-case structures, enabling analysts to manage increased workloads efficiently when required.
Our globally distributed team operates across multiple jurisdictions, delivering 24/7 coverage with calculated shift patterns. This ensures real-time load management across operational hubs, optimising performance and meeting client needs around the clock.
