There are two ways to create a rule or model:
- Scenario Models
- Dynamic Models
Models be used to look for and trigger a particular predetermined event that is deemed important by your organization. For example:
- Flag a user that has been dormant for 90 days and then makes 10 transactions in a 1 day period
- Flag a user from a blacklisted IP
- Flag a user with more than 5 instruments
- Flag a user that sells an item and then purchases that same item back in a 24 hour period
- Flag an instrument that makes 1 transaction over $95,000.00
- Flag an instrument that is in the stolen matchlist
Dynamic models provides the ability to flag anything an agent requires including
- Transactions (such as withdrawals from a bank ...)
- Actions (such as logging into an account ...)
- Entities (that may be blacklisted or come from a suspicious IP ...)
by creating Variables and Trigger Conditions similar to Excel.
Scenario models provide the ability to flag common fraud and AML use-cases by allowing the agent to select and customize:
- Structuring Scenarios
- Dormant Scenarios
- Chainalysis Scenarios
and many more scenarios.
With this model builder, you can choose from scenarios that best fit your logic such as "Dormant Activity" or "Chainalysis".
To access the Scenario Builder, simply select "+ Create Scenario Model" on the page:
Learn more about Scenario based Rules in the How to create a Scenario Model.
With this model builder, you have full autonomy and you can create any logic from scratch.
To access the Scenario Builder, simply select "+ Create Dynamic Model" on the page:
Learn more about Dynamic Rules in the About Dynamic Models section.
Updated about 2 months ago