Transaction Monitoring System Calibration

Challenge Transaction monitoring system is identifying a large number of false positive cases

Madison worked closely with client to calibrate and tune each monitoring rule to properly reflect the business line products offered, clients served, and geographies covered. 

  • Rules definitions were carefully reviewed and adjusted as required based on the business line, and its products and clients
  • System was tuned with custom parameter settings based on risk level of clients and geographies
  • Client peer group baselines were defined to improve identification of outlier behavior