FinTech UK FinCrime Investigation Platform -- AML Analytics

AML case management for financial crime investigation teams

• 1alert ingestion (ML transaction monitoring alerts received -- case created per alert),
• 2case triage (analyst reviews alert -- case classified: close, escalate, file SAR),
• 3investigation (analyst gathers evidence -- transaction history, network graph, adverse media, sanctions check),
• 4SAR decision (supervisor approves SAR filing decision),
• 5goAML submission (SAR XML submitted to NCA goAML within 24 hours of decision).

Case management SLAs

• 1alert-to-review: 24 hours (FCA JMLSG expects prompt review),
• 2review-to-close or review-to-

SAR

72 hours standard, (3) SAR-to-submission: 24 hours (POCA s.338 -- trespass to property and SAR consent regime).

TIPPING OFF prevention

case management system access restricted -- customer-facing staff cannot see investigation status.

Network graph for FinCrime

• 1entity extraction (customers, companies, beneficial owners from KYC data -- enriched with Companies House PSC, OpenCorporates),
• 2transaction graph (financial flows between entities -- edge weight = transaction amount, edge direction = money flow),
• 3network visualisation (D3.js force-directed graph -- investigator can explore entity network interactively),
• 4circular transaction detection (algorithm detects closed loops in transaction graph -- circular trade fraud signal),
• 5beneficial ownership traversal (recursive UBO search -- Companies House PSC chain -- identify ultimate human controllers). NetworkX (Python): ClickMasters uses NetworkX for graph algorithms (shortest path, community detection, centrality measures) that expose hidden relationships in financial networks.

POCA and TACT Consent Regime

POCA 2002 (Proceeds of Crime Act) and TACT 2000 (Terrorism Act) consent regime: (1) Authorised Disclosure (POCA s.338 -- bank files SAR and seeks consent from NCA before processing transaction that may constitute money laundering), (2) Moratorium period (NCA has 7 days to grant or refuse consent -- bank can proceed after moratorium expires if NCA silent), (3) SAR consent tracking (case management system tracks consent request status -- alert if moratorium approaching expiry), (4) Defence Against Money Laundering (DAML) -- bank can proceed with transaction if DAML obtained from NCA), (5) SAR statistics (annual report to board -- number of SARs, SAR-to-prosecution rate).

ClickMasters POCA consent module

automated moratorium calendar, consent status tracking, board SAR statistics report.

JMLSG and NCA ELMER Typology Alignment

JMLSG (Joint Money Laundering Steering Group)

Guidance alignment

• 1risk-based approach (case management system risk-rates each case -- high/medium/low -- determines investigation depth required),
• 2enhanced due diligence triggers (case management system identifies EDD triggers -- high-risk country, PEP, cash-intensive SIC code),
• 3customer risk appetite (case management system tracks customer risk profile over time -- deteriorating risk score triggers periodic review),
• 4NCA ELMER typologies (published NCA money laundering typologies -- circular trade, cash intensive, professional enabler -- case management tags alert to ELMER typology). AUSTRAC integration (for Australia-facing clients): AUSTRAC (Australian Transaction Reports and Analysis Centre) typologies imported -- UK financial institutions with Australian operations.