Unit21 + Stout Pioneers Efficient Compliance in Banking

Leveraging Unit21’s infrastructure and responsive customer support, the regional bank efficiently aligned its transaction monitoring with its risk preferences and completed the regulatory-mandated look-back project in just six weeks—half the originally estimated timeline of three months. A Stout team member noted, “The amount of time it would've taken to do the project with that system wasn't even an option for us,” referencing the previous vendor’s two- to three-week delay just for data updates.

Unit21 was fully operational within 20 days, quickly generating alerts and enabling proactive detection of suspicious activity. By utilizing Unit21’s Rapid Ingestor, the project achieved a 20% cost savings due to time efficiencies, while reducing alert volume by 20%—with 40% of alerts confirmed as true positives.

Stout’s strategy included validating rules within Unit21’s sandbox environment and fine-tuning thresholds through iterative testing—all without engineering resources. This approach ensured more relevant alerts and optimized system performance. The results were so effective that the bank chose to retain Unit21’s Transaction Monitoring system beyond the project for ongoing suspicious activity reporting.

Unit21’s collaboration with Stout proved instrumental in helping the bank meet regulatory requirements efficiently, demonstrating its commitment to proactive risk management and compliance. Their success has paved the way for future collaborations with other financial institutions.