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Introducing iMonitor |
| Regulations regarding money laundering and cash transaction reporting are getting increasingly stricter. The Patriot Act of 2001 requires financial institutions to "know your customer" more closely than ever and to monitor them in a variety of ways...and that's only the beginning. |
| In response to these new and expanded requirements, Diebold Eras has developed a system that allows your bank to monitor any and all types of account activity. Diebold Eras iMonitor goes above and beyond other AML and compliance tools by giving the bank the ability to create their own rules, or patterns of activity to look for every night. The unique browser-based application can be accessed by many different types of users, from compliance staff to account officers to executives and auditors. Diebold Eras iMonitor is designed specifically to be installed, configured and operational in a fraction of the time other systems take. Most importantly, Diebold Eras iMonitor grows with the bank and monitoring rules can be added, adjusted or removed at anytime through a user friendly interface, never tying the bank down to only a handful of static, suspicious activities. The program allows you to keep up with ever changing regulations and criminal tactics. Diebold Eras iMonitor is also a great tool for client management, marketing research and general account analysis!
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| The system also allows you to track when an officer responds and can send you e-mail reminders to those who have not. |
| Diebold Eras iMonitor provides you with an organized and automated way of tracking account activity and meeting today's tougher regulations to keep you and your institution in full compliance. As with all Diebold Eras products, we can customize iMonitor to meet any special needs you may have at any time. Just Ask! |
Diebold Eras iMonitor Features: |
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- Nightly updates from ALL account activity sources (online, deposit, ACH, ATM, etc.) for complete and comprehensive monitoring and reporting of suspicious activity.
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- Separate application access and screens for compliance staff, account officers and other user groups.
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- Today’s suspect accounts lists for each officer and bank wide lists for compliance staff users.
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- Built in monitoring for common fraud activities, such as money laundering, check kiting, out of sequence checks, abnormally large dollar transactions, endpoint concentrations, and more.
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- Customizable rules for new suspect activity patterns providing fast compliance with ever changing behaviors and regulations.
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- Customizable baseline reasonable activity ranges by account types, risk codes and industry types to cover normal fluctuations in activity. These can be adjusted by individual account for maximum tuning.
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- Auto-loading of new account information and anticipated activity levels.
Integrated OFAC monitoring and reporting, updated automatically with latest Federal data.
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- Related TIN/SSN cross-reference functions allowing multiple account activity roll-ups for nonstandard linking of accounts.
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- E-mail notifications to single or multiple addresses for suspect activity and overdue responses.
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- Quick Alert system for fast notification of officers, staff and others for hot activity or other information needing immediate action.
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- A messaging system to facilitate easy communication of suspect accounts between officers and compliance staff. Ability for senior staff to review message history and officer notes on accounts
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- Browser-based application for easy distribution to multiple platforms with no workstation installations or updates (all handled on the server, like a website) and fast performance.
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- Automatic generation, distribution and archiving of electronic reports for all suspect activity and bank wide executive level summaries for comprehensive regulatory compliance.’
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- Document and check imaging integration.
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- Updates are automatic via secure VPN to the server.
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- Cost-effective branch pricing without a per-user cost.
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