Episode Visualizations
Oracle Financial Service Compliance Agent (OFSCA) cloud service now allows users to visualize the episodes (potential instances of money laundering where a bad actor tries to move money through a financial institution) generated by the agent to evade an institution’s Transaction Monitoring System (TMS). The Transaction Monitoring System encompasses various controls, including scenarios and limits, designed to prevent and identify suspicious activities in adherence to Anti-Money Laundering (AML) regulations.
This functionality empowers institutions to understand the nature of these patterns and determine if they present a material risk to the institution.
Steps to Enable
You don't need to do anything to enable this feature.