Key Functional Capabilities

Financial intelligence agencies require the following functional capabilities (across both their Compliance and Intelligence business areas):

• A). Data Capture and Maintenance - Provides a mechanism for Regulated Entities to submit and maintain their registration details and transaction reports. As well as the capture of internal and external data that will be used in the financial analysis process.
• B). Data Processing - Enrichment, standardisation, summarisation and automated analysis of reported data. This capability automatically generates alerts and workflow items. As well as prepares the data captured for ad-hoc data access.
• C). Data Access - Provides access to both the raw and enhanced data to internal users and external partners.

These three core functions are illustrated in the below diagram, and expanded on in the following pages.