5 Managing Scenario Pipelines

Scenario Pipelines enable you to create scenarios by defining behavior that consists of events in a predetermined order. Scenarios are used to identify behaviors of interest, potentially problematic behaviors with respect to securities, regulations, and possible money-laundering activities.

Scenario Pipelines enable you to create scenarios by defining behavior that consists of events in a predetermined order. You can use these events to thread multiple data streams together. Scenarios are used to identify behaviors of interest, potentially problematic behaviors with respect to securities, regulations, and possible money-laundering activities.

These scenarios consider whether the geographical location or entities involved warrant enhanced scrutiny; monitor activity between accounts, customers, correspondents, and other entities to reveal relationships that could indicate efforts to launder funds; address sudden, significant changes in transaction activity that could indicate money laundering or fraud; and detect other types of activities that are considered potentially suspicious or indicative of money laundering.

As part of configuring a scenario pipeline, parameters are defined, which are then tuned in the Threshold Manager.