Transaction Monitoring Quality Assurance

Client Challenge:​

​To support a Tier 1 global investment bank in the review of effectiveness and compliance of the OFAC filters applied to the post-event transaction monitoring process.

What we did:​​

  • Focus on the environment assessing and analysing the AML filters and associated policies, processes and controls​
  • Support discovery process through identifying areas of improvement against best practice and identifying potential solutions for gaps​
  • Develop TOM for the AML, filter process (scenarios, technology, org structure, reporting)​
  • Defined new filtering solutions – quantifying commercial benefits, delivery costs, implementation timeframe, risk profile, dependencies and constraints​
  • Defined process and control enhancements


  • Report derived from assurance activity presented to CEO