Dynamika-Financial monitoring

2021: Update Release

On June 24, 2021, the company "Dynamics" announced the release of an updated version of the software product "Dynamika - Financial Monitoring."

Implementation of the Dynamika software product - Financial monitoring, which allows you to track and process suspicious transactions and conduct online control in accordance with all the recommendations of the Central Bank of the Russian Federation, was held in 7 TOP-100 banks as of June 2021, and Dynamics continues the intensive development of the product.

Features of Dynamika - Financial Monitoring:

• The most important module of the product "Online Control" can be implemented in just 1 month. And the entire implementation process on average takes only 3-4 months
• The product interface was specially designed for the specialists of the financial monitoring department of banks and allows them to quickly make decisions on all suspicious transactions
• The solution is centralized - it includes experience in implementing and refining all implemented implementations, including integration with various external services and complex algorithms of banks developed to detect suspicious transactions
• The product is based on Dynamika's intelligent ROOT platform, which allows banks to make changes to the logic of the product themselves
• The solution is integrated with banking ABS, optimized and does not increase the load on the bank's servers

Changes within the framework of the Online Control Module (the module allows you to perform online control of outgoing suspicious transactions of the client in accordance with the requirements of the Bank of Russia):

• Possibility of online control and suspension of incoming customer documents (crediting to the account)
• Automatic restriction on the client (mode of termination of acceptance of orders, DBO mode of online control of operations before their execution)
• Creation of a statement for the period in Excel format and an analytical statement (with analysis of the share and amount of counterparties from 639-P)
• In addition, triggers were added within the module:
  • Counterparty OCVED Analysis
  • For fan distribution to the accounts of individuals and to the accounts of IP
  • To change the purpose of the payment, accompanied by breaking VAT
  • For purchase of cash sales revenue
  • New Payment Assignment Words (Payment Assignment Change Analysis)
  • Critical currency transaction codes
  • Availability of incoming payments related to closing of account with another bank and from counterparty from negative list of bank
  • Exceeding the turnover limit declared by the client or established by the bank employee
  • Control of incoming and outgoing payments to match customer and counterparty details with STOP-List

Updated functionality of the Offline Control Module (the module allows you to identify suspicious customers by a set of different parameters, while information about suspicious customers is provided in the form of reports):

• There were 3 analytical reports on the crediting of funds from legal entities and individual entrepreneurs: to individuals with withdrawal through the cash register, to corporate cards and third-party banks to individuals
• Within the module, triggers:
  • Significant increase in daily DT and CT-revolutions compared to the daily average for the period
  • Significant amounts and shares of customer turnover for the period with counterparties on the 639-P list for the previous banking day/period
  • Significant amount of counterparty turnover with recent registration (less than N years/months ago) (last 30 days)

Changes to the "CRM System for AML Unit" module (the module allows you to manage documents and perform all necessary actions for each specific customer, incident and AML employee):

• Prioritizing customer analysis by AML based on risk (customer risk profile and triggered triggers)
• Assign a customer to a specific AML employee manually or automatically
• View the entire customer review history (with analysis dates, triggered triggers, sent request dates and texts, reasoned judgment, outcome, and responsible AML employee)
• Generate statistical reports that allow you to analyze the load of AML employees, the percentage of assigned tasks, the effectiveness of each employee for the period

All of the above changes in this version of the product were installed in the banks that implemented this product as part of technical support. The technical support of the solution, in addition to the current development of the system, also includes mandatory support for the requirements of the regulator. Thus, banks can be sure that they will not have to look for additional financing in the event of an unexpected change in legislation.

2019: Presentation of the product "Dynamika-Financial Monitoring"

The company "Dynamics" presented on February 12, 2019 the software product "Dynamika-Financial Monitoring" - the workplace of a financial monitoring specialist based on the Dynamika-Single Window software (included in the Unified Register of Russian Programs for Electronic Computers and Databases under number 3346).

The module allows you to monitor and process suspicious transactions and conduct online control in accordance with the recommendations of the Central Bank of the Russian Federation in a convenient interface.

The peculiarities of working at Dynamika-Financial Monitoring in comparison with the standard work of specialists at ABS Bank are:

• Flexibility of work - since the calculation of data is carried out in the bank's infrastructure, employees can independently carry out generalized analysis, adjust existing document selection parameters and add new ones.
• Increase the speed of decision-making by specialists.
• A web-based interface that allows you to work comfortably.

The following are available to SPS specialists:

• Initial automatic selection of suspicious documents according to the settings.
• Transfer the selected documents to the appropriate state ("suspicious," "arrested").
• Returns documents for posting on behalf of the user or timeout.
• Check counterparties of suspicious documents for external services (SPARK, egrul.nalog.ru, etc.).
• Storage of history of work with suspicious and arrested documents.

According to the developers, the solution is integrated with most Russian ABS. Implementation by specialists of the company "Dynamics" is carried out "turnkey." The average period of implementation into industrial operation is three weeks.

Additionally, the Dynamika-Financial Monitoring system can be integrated with a self-learning Machine Learning model. The model has sufficient prediction accuracy - by February 2019, the quality metric indicator (GINI) reached 81%, in addition, during machine selection, suspicious operations that did not previously fall into the control area are detected.

The prediction model is constantly being improved by retraining on new data. To optimize the model, completely impersonal data of partner banks are used.