Threshold Recommendations for New Scenarios
Scenarios are a key component of AML Transaction Monitoring systems, and determining which thresholds generate the most pertinent results typically requires analyzing 6 to 12 months of historical data. OFSCA now enables analysts to determine these thresholds in a statistically robust way using a much smaller sample of historical data, by providing initial threshold recommendations for new Oracle Behavior Detection scenarios clients are planning to deploy.
This reduces manual effort analyzing thresholds, and helps reduce the time to deploy scenarios from days or weeks to just hours.
Steps to Enable
You don't need to do anything to enable this feature.