To enhance its transaction monitoring solutions, ThetarayProviders of Cognitive AI Financial Crime Compliance Technology have launched their self-service rule builders and simulator tools.

These tools will enable compliance teams to create, test and optimize anti-money laundering (AML) rules faster with complete autonomy and control. Designed to simplify the compliance process and reduce operational friction, the Self-Service Rule Builder provides a codeless interface to define complex rule logic, including custom expressions and aggregations, through an intuitive click-to-click workflow.

This accelerates response to evolving risks and regulatory updates, while reducing operational friction and approval bottlenecks without relying on it or supplier support.

Paired with a self-service simulator, teams can safely test and analyze the impact of new rules in a secure environment before deploying without affecting the real-time system. Multiple rule versions can be loaded into separate simulations and analyzed with AI models to help organizations find the most effective suspicious activity detection strategies without risking production systems.

Enhance compliance while supporting growth and innovation

These new features are part of Thetaray’s mission to enable financial institutions to provide AI-enhanced tools that enhance compliance while supporting effective growth and innovation.

Key compliance benefits:

• Autonomy and Speed – Users can build, modify, simulate, and deploy AML rules independently, reducing the rule lifecycle time from weeks to hours.
• Tailored Risk Coverage – Use complex rule logic without code customization and aggregation to accurately meet organization-specific compliance needs.
• Security Test Environment – Verify new rules in the security simulation environment before going live to ensure confidence in compliance decisions.
• Optimized Detection – Simulation helps teams evaluate rules and AI combinations to detect financial crimes with the best results.
• Seamless Production Deployment – Approved simulations can be applied to production with built-in governance and supervision workflows.

“We designed the rule builder and emulator as a true self-service tool.” wood SolomonSenior Vice President of Thetaray Products. “Compliance teams can now independently manage and adapt to their risk strategies with comprehensive visibility and auditability, allowing them to respond faster to evolving threats without sacrificing threats
Governance. ”

“This release represents a fundamental change in how the compliance team works.” Peter RenaultCEO of Thetaray. “With the help of self-sufficiency tools, we put control in the hands of our customers, eliminating operational friction and accelerating its speed and flexibility to adapt to new risks and grow with confidence.”