The Net Reveal AML Optimization solution is a self-service module that gives financial institutions the ability to define, monitor, and deploy detection profiles for improved anti-money laundering model accuracy, effectiveness and lower false positive alerts without reducing true positives. Financial institutions are overwhelmed with the increasing volume of alerts generated by mandatory transaction monitoring systems and are unable to maximize their investigative resources. Industry estimates suggest at least 95% of the alerts are false positives. Identifying and reporting on truly suspicious activity is getting harder and putting greater burden on investigation teams.
The Path to Modernising Anti-Money Laundering Operations
