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Increase in Cases Opened
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Increase in Fraud Detected
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Faster Fraud Reporting
Financial institutions using SimpliRisk’s Fraud Management module are uncovering fraudulent activity faster and with greater accuracy than ever before. By consolidating alerts, evidence, and case data into one intuitive platform, teams can quickly identify linked activity, spot repeat patterns, and prioritize the highest-risk cases.
The result is more fraud detected in less time — with fewer false positives and better coordination across departments. Investigators now have access to all relevant data in one place, from transaction details to supporting documents and communication logs, making it easier to take swift, confident action.
SimpliRisk transforms fraud management from a reactive process into a proactive, intelligence- driven strategy, helping financial institutions protect their members, reduce losses, and demonstrate measurable results across their fraud prevention programs.
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Reduction in Alert Review Time
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Reduction in Audit Prep Time
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Alert Quality Improvement
Financial institutions using SimpliRisk have dramatically strengthened their BSA/AML oversight while reclaiming valuable staff time. Previously, teams spent hours each day manually reviewing transaction reports and filing individual CTRs and SARs. SimpliRisk’s automation and batch filing have turned that into a one-click process, cutting daily review and filing time to a fraction.
Legacy systems once produced hundreds of unfocused alerts that overwhelmed staff. With SimpliRisk, alerts are up to five times more valuable and fully customizable, helping teams zero in on what truly matters. Institutions have also expanded monitoring to new transaction types previously unavailable through their core systems.
Audit preparation has become simpler and faster—reports are easy to generate and consistently meet NCUA examiner expectations. In one instance, a single SimpliRisk alert uncovered a fraudulent withdrawal that led to discovering $60,000 in additional suspicious activity before losses occurred.
By combining automation, smarter alerts, and full visibility, SimpliRisk enables compliance teams to operate proactively, focus on real risk, and stay audit-ready every day.
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Reduction CTR Filing Time
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Reduction in SAR Filing Time
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Volume capacity increase
Financial institutions using SimpliRisk’s FinCEN filing module have transformed their compliance workflows. What once took 30 minutes per CTR is now completed in less than 10, thanks to automated batch filing and one-click submission. SAR filings that previously required extensive review are now processed faster and with far fewer errors—enabling teams to manage ten times more filings without adding staff. By reducing manual labor, improving accuracy, and scaling effortlessly, SimpliRisk helps compliance teams stay ahead of regulatory demands while freeing up time for deeper investigations.