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Suspicious Activity Report (SAR)
Detailed information on the SAR is available from the Treasury Department at http://www.fincen.gov/f9022-47-1.pdf.
The SAR is accessible by running an applicant check, or looking up an assessment from the My Account -> Review Assessment link. Click the SAR link on the Applicant Check Results page. This will bring up the SAR report. The report will be pre-populated with the data that was entered during the applicant check. Data from the original applicant check can not be altered. All other fields can be edited by the user. Once the report has been filled out it can saved and / or printed.
Figure 9: SAR
To print the report click the Print button. To save the report click the Save button. To print and save the report at the same time click the Print & Save button. Once a report has been saved it can be accessed again by clicking the SAR link on the Applicant Check Results page.
Cash Transaction Report (CTR)
Detailed information on the CTR is available from the Treasury Department at http://www.fincen.gov/f4789-1.pdf. The CTR is accessible by running an applicant check, or looking up an assessment from the My Account - Review Assessment link. Click the CTR link on the Applicant Check Results page. This will bring up the CTR report. The report will be pre-populated with the data that was entered during the applicant check. Data from the original applicant check can not be altered. All other fields can be edited by the user. Once the report has been filled out it can saved and / or printed.
Figure 10: CTR
To print the report click the Print button. To save the report click the Save button. To print and save the report at the same time click the Print & Save button. Once a report has been saved it can be access again by clicking the CTR link on the Applicant Check Results page.
User Preferences
The Preference main menu allows users to change preferences that affect only user experience for that one user. Additional preferences can be set by the TTI administrator.
Notification E-mail Address: The e-mail address system notifications are sent to.
Default Language: The language that system screens are displayed in.
Default Country: The default country for applicant check address data.
Default Citizenship: The default citizenship for applicant checks.
Default ID Type: The default form of identification for applicant checks.
Default ID Type: The default form of identification for applicant checks.
In addition the items on the Preference page there are several user preferences that affect all users in an institution, or the way matching occurs. Because of the dramatic affects of these preferences they can only be set by a TTI administrator.
New Data Alert: The default functionality of the New Data Alert (NDA) features compares current and previous applicant or customer screening risk results based on account number or other unique identifier supplied by you the client. If a previous customer match exists that has the same account number and matches the same watch list data a Duplicate risk result is produced. This saves you the time of having to remediate matches where none of the underling data has changed.
New Data Alert Include Customer Name: Checking for new data based on customer account number is adequate for most clients except in situations where the account number supplied is not unique, for instance there are multiple names associated with a single account number. In these situations the NDA process can be modified to compare customers using both the account number and the customer name. This feature is enabled by setting the "use customer name match NDA" preference.
Data Source Filter: The database lists the sanction and black lists that an entity or individual is listed on. Sentinel allows users to set both positive and negative filters on these lists. Positive searches include only matches that use the named list, negative searches exclude matches that use the named list. For example if you wanted only entities on the OFAC list you would set a positive filter=OFAC. If you wanted to exclude entities listed by the SEC you would set a negative filter=SEC. Positive filters take precedence over negative filters, therefore in the previous example if an entity was on both the OFAC and SEC lists the entity would be considered a match.
Risk Adjustment: In normal circumstances where a company match returns a Medium Risk result, users can set this result to high risk for a given sanction or black list. For example if you wanted all OFAC company matches to be high risk you would set OFAC=High Risk. This setting affects only company matches.
Search tuning makes searches more or less sensitive by changing the matching threshold for a search, thus affecting the number of matches that are found. A search is defined as a data source and a search type, i.e. OFAC person name, Bank of England entity name, EU address, etc. For each search the matching threshold is adjusted by a user defined modifier. The modifier can be any number between -10 and 10, with zero resulting in the default matching threshold is used. Increasing the modifier, i.e. +2, makes the match more sensitive. This reduces the number of matches. Decreasing the modifier, i.e. -2, makes the match less sensitive. This increases the number of matches.
Search Types
| SEARCH TYPE | SEARCH DESCRIPTION |
| A | Address |
| F | All Search Types |
| P | Person |
| E | Entity |
| 9 | Error |
| 0 | Not Applicable |
| I | Identification Information |
| R | Related Entities |
| X | Additional Information |
| W | White List |
| T | Phone |
WARNING: These settings are institution wide and will affect all of your employees who use this system.
