Fewer false alerts. Faster decisions. Nothing missed.
DetectX® screens every client and every payment, monitors every transaction and catches fraud as it happens, all on one platform. One set of lists, one alert queue and one audit trail mean your analysts spend their day on real risk, not noise. Built for regulated banks, with AI that learns from your own data and leaves every decision to your team.
Five pressures every bank’s AML and compliance team will recognise, and how DetectX® answers each one.
None of them is new, and none of them goes away.
Name screening and transaction monitoring flag every possible match, and most alerts turn out to be false positives. Analysts spend the day clearing noise, while the real cases wait in the same queue.
Every match is scored on similarity, source list and the attributes that matched, so the strongest come first. Evidence sits on the alert, and a cleared match is not raised again until the list entry changes.
Sanctions, PEP and watch lists change constantly. A client who was clear at onboarding may be listed tomorrow, so the whole client base has to be screened again every time a list changes.
When sanctions or PEP lists change, the whole client base is rescreened in batch, and new matches are waiting as alerts. Securities and other holdings are checked against the same lists.
Instant payments must reach the payee within 10 seconds, around the clock. EU rules require every client to be screened against EU sanctions daily, and fraud checks still have to fit inside those 10 seconds.
SWIFT, SEPA and instant payments are checked against one policy. Instant Payment Screening shares lists, thresholds, rules and the White List with Transaction Filtering, and hits land in one queue.
Making the right call is not enough. The bank has to show the regulator what it saw, what it decided, who decided it and why, in a complete audit trail that holds up at every inspection.
Every alert carries its assignment, evidence, decision and second-person approval, with who and when. Suspicious activity reports are drawn from the same record, not assembled by hand.
Account takeovers and payment scams look like normal activity until they are checked. They have to be caught while the session or payment is still live, because an instant payment cannot be called back.
Payments are scored in real time, and a suspicious one can be held before it is released. A new device or unusual session behaviour is flagged while the session is still live, before any money can leave.
Every banking duty runs on the same platform.
Each has its own DetectX® solutions, and all of them share one client record, one set of lists, one alert queue and one audit trail. Pick a duty to see what answers it.
Six duties should not mean six systems.
When screening, filtering, monitoring and scoring run in separate tools, each one keeps its own lists, its own queue and its own record. DetectX® runs them on one platform, so every alert lands in one queue and every decision in one audit trail.
Illustrative example. Which solutions a bank runs is configured per institution.
Every kind of bank carries a different risk.
A private bank, a retail bank and a correspondent bank answer to the same rules but see very different cases. Pick the one that sounds like yours.
Suggested starting points. Every DetectX® solution is available to every bank. Examples use synthetic data.
Clients hold wealth through trusts, foundations and holding companies, often across borders, sometimes through an external asset manager. Some are politically exposed. Knowing who really stands behind an account is the hard part.
Thousands of clients open accounts every month, almost all of them ordinary, and payments never stop, instant payments included. Finding the few real cases without burying the team in alerts is the hard part.
Corporate clients pay suppliers, receive from buyers and move money between their own entities, in many currencies and countries. Each payment brings a counterparty the bank has never onboarded, and every one has to be checked.
As a correspondent, the bank processes payments for other banks’ clients. It never onboarded them, but it is still responsible for everything that passes through, and for knowing its respondent banks.
Banks already running DetectX®.
One result from a bank in production, and a direct line to a compliance team set up like yours.
A Swiss retail bank moved its client screening to DetectX® Name Screening.False alerts fell by 98%, and every true match its old system had missed was found.
Every DetectX® solution, on one platform.
Each brings its own job, and all of them share one queue, one set of lists and one audit trail. Pick one to see what it does.
What banks usually ask before they choose DetectX®.
If your bank runs Finnova, DetectX® is already part of it: Finnova, whose banking software is used by more than 100 banks, embedded DetectX® in the Finnova Analytical Framework. Otherwise, your data is mapped into the DetectX® standard model as it is, usually from the data warehouse you already run, so your core system does not have to change.
Still to be confirmed: which other core banking systems DetectX® connects to directly.
Yes. DetectX® can be deployed for a single solution or as a fully integrated suite. Pick the solution you need today, and add more later without adding vendors: every solution shares the same queue, lists and audit trail.
Regulatory Reporting is built for the Swiss rules: reports to MROS, the Money Laundering Reporting Office, under the Anti-Money Laundering Act and FINMA supervisory practice.
Still to be confirmed: the full list of supervisors the banks running DetectX® answer to.
DetectX® runs on premise or as a SaaS service run by Prospero. Helvetia, for one, moved from on-premise to Prospero’s SaaS services.
Still to be confirmed: the hosting options and locations offered to banks.
DetectX® was designed with stringent compliance and security standards at its core. From GDPR to anti-money-laundering directives, built-in controls simplify compliance and reduce the risk of costly fines or reputational damage: data privacy, transparency and the highest regulatory benchmarks are part of the product rather than an afterthought.
Client screening moved to DetectX® Name Screening. False alerts fell from 4,650 to 69, and all 52 true matches the old system had missed were found.
Read the case studyWebinarDetectX® Innovation DayThree sessions on demand: the platform today, the roadmap and upcoming features, and getting more from the platform you already run.
Watch the sessionsSolutionInstant Payment ScreeningThe parties to every instant payment checked in the seconds the payment allows, before the money moves.
Explore Instant Payment ScreeningDetectX® offers a suite of tools designed to elevate institutional security and operational efficiency while building trust. Connect with us to see how it can support your bank in staying ahead of threats, improving decision-making and driving growth.
