Sold by: WorkFusion
Tara is a top OFAC / AML expert who is laser-focused on keeping your transactions risk-free
Overview
Tara, WorkFusion's 100% digital Transaction Screening Analyst, is designed to protect your organization from sanctioned or risky client relationships by reviewing transaction alerts using different sanction lists. She is designed to ingest each alert generated by a financial institution's sanctions screening system and determine if it is a false positive.
The Digital Worker is agnostic to the screening system used and does not require tuning, sensitivity, or algorithm changes to the financial institution's screening platform.
WorkFusion does not replace Transaction Screening software but adds an extra layer to make the transaction and payment process more robust by automating Manual Tasks and reducing false-positive alerts.
Tara's capabilities as Transaction Screening Analyst:
Review and analyze alerted payment messages (e.g., SWIFT messages) to decide whether alert is valid or a false positive If the transaction is not determined to be a false positive, escalate to the analyst for further review Utilize and enrich information using approved sanction list(s) Continuously review alert messages (payment transaction messages) and hits to make decisions When needed, cross-reference message with third-party tools (e.g., Google, OpenCorporates.com) for more context and confidence in decision Provide written explanations for each decision Consult additional third-party sources to research organizations/individuals and support decision Handle exceptions with human-in-the-loop capability, working side-by-side with traditional team members.
Highlights
- Monitor payment activity to ensure compliance
- Review and analyse alerted payment messages/cases
- Create detailed audit trails
Details
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Pricing
Pricing is based on the duration and terms of your contract with the vendor, and additional usage. You pay upfront or in installments according to your contract terms with the vendor. This entitles you to a specified quantity of use for the contract duration. Usage-based pricing is in effect for overages or additional usage not covered in the contract. These charges are applied on top of the contract price. If you choose not to renew or replace your contract before the contract end date, access to your entitlements will expire.
Additional AWS infrastructure costs may apply. Use the AWS Pricing Calculator to estimate your infrastructure costs.
Dimension | Cost/12 months | Overage cost |
|---|---|---|
50K Yearly Commit Tier | $33,500.00 | |
250K Yearly Commit Tier | $159,250.00 | |
500K Yearly Commit Tier | $301,500.00 | |
1M Yearly Commit Tier | $586,000.00 | |
2.5M Yearly Commit Tier | $1,425,000.00 |
Dimensions summary
You buy this AI payment sanction screening service under a yearly contract. Pricing is organized into five volume tiers, based on the number of units you commit to per year: 50K, 250K, 500K, 1M, and 2.5M. Each unit reflects a payment alert reviewed. You pick the tier that matches your expected annual alert volume. Higher tiers cover higher yearly volumes. All tiers run on the same yearly commitment structure, so the tier you choose sets your committed capacity for the term.
Top-of-mind questions for buyers
One unit reflects a single payment alert that the AI agent reviews. Alerts come from screening payment messages such as SWIFT, ISO 20022, Fedwire, ACH, CHAPS, IAT, and SEPA formats. The agent decides whether each alert is a false positive or escalates it to your analysts.
The tiers set your committed annual capacity. If your expected alert volume grows beyond a tier, pick a higher tier that matches. The AWS Marketplace listing does not describe automatic overage billing, so contact the vendor to confirm how volume above your committed tier is handled.
Estimate how many payment alerts you review per year, then pick the tier that covers that volume: 50K, 250K, 500K, 1M, or 2.5M units. Global banks can generate millions of alerts annually, with roughly 99% being false positives. Match your tier to your yearly alert count.
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Delivery details
Software as a Service (SaaS)
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Support
Vendor support
24x7/365 for Blocker/Critical Issues, Customer Business Hours for Major/Minor Issues. WorkFusion will also monitor availability and performance in accordance with the SLA. Support Tickets are not a prerequisite for uptime keeping provided under the SLA cloudops@aws-cloud.workfusion.com cloudops@aws-cloud.workfusion.com
AWS infrastructure support
AWS Support is a one-on-one, fast-response support channel that is staffed 24x7x365 with experienced and technical support engineers. The service helps customers of all sizes and technical abilities to successfully utilize the products and features provided by Amazon Web Services.
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