Alloy customers can now continuously monitor their customers for suspicious activity. To meet liability requirements, financial institutions must re-screen their entire client list every time a watch list is updated. Our new watch list monitoring workflow automates this by allowing clients to enroll their entities in continuous watch list monitoring during onboarding. By linking a recurring watch list workflow, Alloy will re-screen all enrolled entities every time a watch list is updated and create a new evaluation if there is a potential new hit.

Within the initial enrollment workflow, users must first associate the recurring watch list monitoring workflow.

Alloy creates a new evaluation every time there is a new hit on an updated watch list. These are housed on the entity profile page under the new Recurring tab.

In Evaluations, our new Watch List Matches panel allows analysts to clearly view all relevant information on any Entities that have received a hit from a watch list.

The panel shows all Entities that matched to a watch list, the reason, the source of the match and the confidence score.

From there, you can click on the source to expand the view and see more information on the match, allowing analysts to easily determine if this is a true match or a false positive.