Database Reference
In-Depth Information
The following are the examples of behavior that could be indicative of
money laundering:
• Transactions to or from high risk geographies or entities
• Structuring/avoidance of reporting thresholds
• Change in behavior (activity, income, or source)
• Account activity (ATM, escalation, or control changes)
Transactions that conform to the identified patterns are reported and alerted
to risk analysts and auditors through Mantas's alerting capability.
Major components of Mantas
•
Data Ingestion Engine
: The data ingestion engine manages the
extraction, transformation, and load of data into the normative
Financial Services data model
•
Detection and Correlation Engine
: The detection and correlation
engine discovers patterns and anomalies in the ingested data
The following screenshot shows the correlated events in Oracle Mantas:
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