SAR Creation and Automated e-Filing

Velocity has robust SAR creation and eFiling features that can extend to multiple jurisdiction including FinCEN specific requirements. Our SAR module is fully integrated with Transaction Monitoring Case workflow but can also be used as a standalone application.

Key features include-

  • Robust Workflow – integrated with Case Management module and automatically triggers SAR creation when case is dispositioned to process a SAR, configurable roles based workflows including one touch filing
  • Dashboards and Reports – built interactive productivity dashboards and audit trails ensure every aspect of the workflows and filing status is visible
  • Smart Forms – seamlessly can pick up all key data from case and can make needed edits/updates reducing work duplication and improved efficiency
  • Batch and Web Filing – workflow extends to seamless bulk and single electronic filings with built in exceptions process
  • Event Triggers – auto creation of follow-up cases or reminders
  • Validation Checks – built in validation checks to ensure all filings meet regulatory requirements ensuring process and output accuracy