insic Monitoring metrics AML

With the ‘insic Update’ series of articles, we give you a complete overview of the software required to implement the compliance requirements of German and European regulation.

You can find all articles in this series on our multilingual overview page.

insic Monitoring metrics for Anti-money Laundering

The insic Monitoring System monitors player profiles, payments and gaming transactions in real time. It fulfils the requirements for monitoring within the framework of money laundering prevention for the gaming participants. The set of rules is defined by the GWG, the AuA Glücksspiel and the responsible supervisory authorities such as FIU, FATF and the GGL. The Money Laundering Officer extends the metrics according to the results of the Provider-Related Risk Analysis.

The Monitoring System searches for suspicious events in the data stream in real time and stores player-related warnings. The aggregation of individual warnings leads to suggested suspicious activity reports. The reports are then made available in a Kanban board for targeted processing, forwarding and, if necessary, escalation to the FIU.

The modern dashboard technology presents the results dynamically and interactively. You can change the appearance of dashboards and widgets yourself.

The following criteria, among others, are included in the monitoring of all players:

• Deposits and Withdrawals
• Transactions of Different Payment Methods
• Content and Structure of Gaming Transactions
• Number and Content of Suspicious Events
• Alerts and Their Aggregation Over Time
• Content of the Analysed Data Stream and Comparison with Target Values

The State-of-the-Art insic solution uses technologies such as DataPiping in processing and React Dashboards in the Frontend with Reactive Programming. The Administrators independently change the threshold values and criteria of prepared metrics.

Experience a new perspective on your dynamic data world!