Overview

The eTHIC Transaction Monitoring System (eTHIC-TMS) is an advanced tool designed for comprehensive analysis and monitoring of day-to-day financial transactions. This system efficiently identifies anomalies and irregularities, providing real-time alerts to the Auditee Units or Audit Unit. With its proactive approach, eTHIC-TMS enables organizations to respond swiftly to potential risks, safeguarding assets and minimizing potential losses.

Key Features

• Anomaly Detection: Highlights unusual patterns and exceptions in transaction data, ensuring that suspicious activities are promptly identified.
• Near Real-Time Monitoring: Acts as an Early Warning System by detecting potential fraudulent transactions in near real time, allowing for swift action to prevent losses.
• Daily Reporting: Regular monitoring and reporting to Auditee Units and Audit Units provide a structured approach to maintaining transaction integrity.
• Comprehensive Transaction Analysis: Analyzes all types of transactions to detect deviations from expected behavior, whether intentional or accidental.

Benefits

• Fraud Prevention: Early detection and intervention minimize the risk of fraudulent transactions, protecting organizational assets and reputation.
• Increased Transparency: Regular transaction monitoring creates a culture of accountability, discouraging first-time and opportunistic fraudsters from attempting fraudulent activities.
• Enhanced Compliance: Assists organizations in meeting regulatory requirements for transaction monitoring, reducing the risk of non-compliance penalties.
• Improved Risk Management: Provides decision-makers with valuable insights to enhance risk management and optimize operational processes.

Real-Time Fraud Detection

With near real-time detection capabilities, eTHIC-TMS offers a proactive approach to identifying and addressing potential fraud. The system continuously scans transactions for indicators of suspicious behavior, alerting relevant personnel immediately and enabling rapid response to emerging threats.

Ideal Solution for Financial Institutions

eTHIC-TMS is specially designed for financial institutions looking to enhance their transaction monitoring processes. Its advanced capabilities make it an essential tool for organizations aiming to improve their fraud detection, minimize losses, and strengthen trust among stakeholders.

Get Started with eTHIC-TMS

Discover how eTHIC-TMS can elevate your transaction monitoring capabilities. Contact us today to learn more or to schedule a demo and experience the power of real-time fraud detection and anomaly monitoring.