VRules

VRules logo

Rules is a rules editor.

Risk management policies tend to have a high rate of change. Viveo has implemented a rules based system which allows our solution to be quicker and safer in allowing a full turnaround when changes are needed.

Rules is an intelligent answer to managing, editing and updating changes in regulations. Rules automatically routes hits or alerts to the appropriate business area and enforces the security processes.

Functions and benefits:

1. Improves workflow management

Quick resolution of alerts through Web based rules editor
Flexible
- Accommodates an unlimited number of evaluation or validation steps
- Customisable degree of authorisation for each of the evaluation steps
Can also be used with other screening engines to manage the evaluation and approval process

2. Intelligent scanning

Sets the specific lists to be used for screening depending on context (origin, destination
Scans on a field-to-field basis in order to avoid false alerts

3. Intelligent monitoring

Analyses all the relevant events around customers, accounts or transactions
Implements detection rules defined by your needs such as
- Account activity
- KYC information
- Behavioural alert detection rules (e.g. any cash deposit of more than the average monthly balance over the last five months)
Profiles customers
- Provides the ability to group your customers into segments

4. Real-time detection of operational risk

Detects operational risk whilst operating in the AML sphere by monitoring
- Credit risk associated with bankruptcy
- Exposure screening for high value payments

Attachments:
VRules product description

VRisk Product Suite