Reduction in investigation alert time. Unit21 has several features that completely automate manual tasks and enable investigators to spend more time on investigations.
Unlike most transaction monitoring companies that provide blackbox machine learning scores, Unit21’s transaction monitoring modeling engine enabled Intuit to combine machine intelligence with the explainability that is needed for compliance purposes. The platform enables a perfect hybrid between intelligence in detection and explainability for reporting.
Intuit can easily create, test, and deploy complex logic for identifying suspicious activity, without having to write any additional code. The modeling engine is also very intuitive, such that even someone from Intuit who doesn’t have a Computer Science education can easily operate on the platform.
Head of BSA/AML at Intuit
The case management system is built with automation in mind. Unit21 has several features that completely automate manual repetitive tasks and enable the investigators to spend more time on investigations.
As an example, Unit21 not only has automated Suspicious Activity Report filing, but also pre-populates the information on the Suspicious Activity Report based on the information on the case that led to the filing of the SAR. Such technology easily automates hours of work, amounting to millions of dollars at scale.
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