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Building a SAR Workflow Without a Separate Case Tool

Blog post from Didit

Post Details
Company
Date Published
Author
Didit
Word Count
1,351
Company Posts That Month
80
Language
English
Hacker News Points
-
Post removed?
No
Summary

Didit's Transaction Monitoring API simplifies the complex process of compliance operations by integrating the entire workflow—from alert generation to filing a Suspicious Activity Report (SAR)—into a single product. Unlike traditional setups that require multiple tools and manual data re-entry, this API consolidates alert management, case grouping, and SAR filing in one console, eliminating the need for separate case-management tools and reducing the risk of errors. Alerts follow a structured lifecycle, moving through states such as OPEN, INVESTIGATING, and PENDING_SAR, while cases group related alerts for comprehensive investigation. Analysts can easily assign and track ownership of alerts and cases, ensuring accountability and performance measurement. The system maintains a continuous audit trail by keeping all data within a unified platform, thereby addressing both operational inefficiencies and regulatory compliance needs. With a cost model based on transaction volume rather than per-seat licenses, the API offers a scalable and cost-effective solution, charging $0.02 per transaction and $0.20 for AML screenings.

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