Multiple specialized agents investigate BSA/AML alerts, draft FinCEN-compliant SAR narratives, and present findings — at a meaningfully lower cost than manual investigation.
Financial institutions are legally required to investigate suspicious activity alerts generated by transaction monitoring systems. These investigations involve gathering customer data, analyzing transaction patterns, determining whether activity is genuinely suspicious, and documenting findings in a SAR or case closure memo.
The overwhelming majority of alerts are false positives. Each investigation takes a human analyst 30–90 minutes, with blended cost averaging $40 per alert once compensation, tools, and overhead are included.
Banks employ large teams of L1, L2, and L3 analysts who manually investigate each alert. Highly skilled compliance officers are relegated to performing repetitive, low-value administrative tasks — the investigative drag is immense.
Vormur replaces the manual pipeline with a disciplined, outcome-focused workflow. When an alert arrives, context is gathered, evidence is assembled into a clean case file, the investigation is independently reviewed, a regulator-ready narrative is drafted, and your team approves — with every step logged for audit.
Analysts review a structured, fully cited case file instead of a black-box score. Every claim traces back to its source evidence, so decisions can be defended in an examination.
Alerts are resolved in minutes, not hours — freeing your team from repetitive false-positive triage.
When an alert arrives, the same disciplined workflow runs on every case: context is gathered, evidence is assembled, the investigation is independently reviewed, a regulator-ready narrative is drafted, your team approves, and the full trail is logged — resolved in minutes, not hours.
Customer history, transaction patterns, prior alerts, and expected-activity baselines pulled together from your source systems.
Documentation, screening hits, counterparty data, and supporting artifacts organized into a single case file — every item traceable to its source.
Every investigation is checked before it moves forward — alternative explanations tested, weak claims flagged, unsupported conclusions rejected.
Case memos and FinCEN-ready SAR narratives drafted in regulator-ready language, with every sentence traceable to cited evidence.
Set your own thresholds for what routes to human review and what auto-clears on obvious false positives — by alert type, risk tier, or amount.
Every step, citation, and decision is logged to an append-only record — examiner-ready on demand, for any alert, at any time.
The case view opens to a clean summary — the recommendation and the evidence behind it — with progressive disclosure into the underlying case file and source records.
Reviewers can trace any finding back to the specific transactions, counterparties, and policy references it rests on. Nothing sits behind a score, and nothing is hidden from an examiner.
The result is a fully explainable record — ready for internal audit, second-line review, and regulatory examination.
Every case produces a preserved record: the inputs considered, the policy references checked, the recommendation made, and the approval pathway. Encrypted at rest, retained for the full regulatory window, and exportable for examiners and internal review.
Manual QC can only spot-check a small share of alerts. Vormur reviews quality across every case so drift is caught early, not at the end of a cycle.
Context. Evidence. Independent review. Regulator-ready narratives. Configurable approval. Full audit trail.