Catch the suspicious transactions before regulators do.

A risk-based, real-time transaction monitoring system with configurable rules, multi-level case management and dashboards the MLRO can explain to any auditor.

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Core capabilities

What LiveEx TMS covers out of the box.

01

Customer Onboarding

KYC, CDD/EDD templates with screening at point of entry.

02

Transactions

Continuous monitoring of every transaction across products and channels.

03

Screening

Sanctions, PEP and adverse-media checks integrated into the transaction flow.

04

Risk-Based Approach

Risk scoring and tiering tuned to customer, geography, product and channel.

05

Configurable Rules

MLRO-controlled rule engine — activate, deactivate and tune without engineering tickets.

06

Case Management

Quality review, investigations, escalations and SAR/STR workflows under one roof.

Transaction Monitoring System
What it is

A comprehensive Transaction Monitoring program built around your risk appetite.

LiveEx TMS monitors all transactions and ensures risk-based business segments and thresholds are in place — based on the regulatory typology assessments that apply to your business.

A weak or poorly designed Transaction Monitoring System exposes the organisation to non-compliance charges. LiveEx TMS delivers a risk-based view of customer behaviour, with a menu-driven UI for activating and tuning rules to detect abnormal patterns, unusual flows and suspicious behaviour.

The bigger picture

Why TMS matters.

Effective transaction monitoring is the first defence against money laundering and terrorist financing. Spotting suspicious activity early prevents millions from flowing through your institution — and the reputational damage of a public failure.

Transaction monitoring also gives regulators and banking partners confidence: it demonstrates that the institution takes AML/CFT obligations seriously and is actively preventing criminal activity, which builds trust with both new and existing partners.

FATF determinants

Per the FATF, the right level of AML/CFT control depends on:

  • Volume and size of transactions
  • Distribution channels used
  • Risk levels across each area of operation
  • Use of intermediaries, third parties or non-face-to-face channels
  • Customer, product and activity profile of the institution
  • Nature, scale and complexity of the business
  • Geographic diversity of operations
TMS importance
Why automated wins

Automated & controlled, not manual.

Manual transaction monitoring is slow, error-prone, and impossibly expensive at scale. Automation does the heavy lifting; humans do the judgement.

Built for tuning, not just rules

False positives are the enemy. LiveEx allows distinct rule sets for distinct customer types — and the tuning controls to keep precision high as customer behaviour changes.

Audit-trail by design

Every alert, decision and override is logged. Reproducing the reasoning behind any flagged transaction is a single click away.

Central Bank of the UAE — September 2021

Transaction monitoring and sanctions screening.

The CBUAE guidance on AML/CFT for licensed financial institutions sets a clear blueprint for what an effective TM program must cover:

  • Risk assessment
  • Risk-based deployment of transaction monitoring controls
  • Data identification and management
  • Rule definition and pre-implementation testing
  • Alert scoring and prioritisation
  • Outcomes analysis and MIS reporting
  • Post-implementation testing, tuning and validation

An effective TM program enables financial institutions to detect, investigate and report suspicious transactions in compliance with the UAE's legal and regulatory framework — and to ensure that customers and transactions remain within the institution's risk appetite.

Effective TM depends critically on CDD/KYC information — including the type of transactions a customer would normally be expected to engage in. By developing a baseline of expected activity for each customer, the LFI can identify unusual or potentially suspicious transactions against that baseline. TM compliance personnel should escalate any data gaps or omissions in customer or beneficial-owner information for priority remediation.

Core elements of LiveEx TMS

  • A well-calibrated risk-based framework
  • Robust training and risk-awareness materials
  • Meaningful integration into the wider AML/CFT program
  • Active oversight with executive visibility
  • Real-time risk scoring with Dow Jones Risk & Compliance feeds
  • Levenshtein-distance algorithm to minimise false positives
  • Unique risk scoring for customers, accounts and transaction activity
  • Machine-learning evaluation to decrease false positives over time
  • Case and alert management with rule/scenario administration
  • Full analysis explaining why each alert was triggered
  • Dynamic customer segmentation for ongoing precision tuning
LiveEx TMS Controls
In the operator's seat

Controls that put the MLRO in charge.

The Money Laundering Reporting Officer customises monitoring rules according to the nature of the business. TMS parameters are controlled by the MLRO and easy to explain to regulators at any time.

LiveEx TMS ships with multiple dashboards based on the rules in place, reducing manual reporting work and lowering manpower cost. Additional modules cover Quality Review, Case Management, Investigation & Escalations, automated email facilities and Customer Profile Monitoring.

  • Mobile apps to monitor transactions on the go
  • Automated escalation and email workflows
  • Quality review and four-eyes investigation
  • Customer-profile monitoring across the lifecycle

Write to us at admin@circuitcomputer.com and our experts will walk you through the platform.

A

MLRO Control

TMS parameters are controlled by the MLRO and easy to explain to regulators.

B

Multiple Dashboards

Pre-built dashboards based on configured rules — less manual reporting.

C

Mobile Apps

Monitor transactions wherever you are with attractive native apps.

Help and improve your AML/CFT framework — to national and international standards.

See how LiveEx TMS fits your regulator, your data, and your operating model in a focused 30-minute walkthrough.

Book a demo