WatchDOG® Wire

For your financial institution, one of the most labor intensive tasks is the wire transfer process. Requiring multiple steps by a variety of your employees via different systems, a manual set up is an inefficient process in your team's busy day. 

ATTUS Technologies' WatchDOG® Wire automates the process of handling incoming and outgoing wires. At the same time, it enhances risk detection, reduces the collective work effort of your team and supports your BSA/AML, Red Flag and other compliance programs. 

• Format the wire to upload to and import from Fedline and Fedline Advantage
• Provide real time OFAC and/or other watch lists for cross checking names on incoming and outgoing wires  
• Create a full audit trail with archives of relevant data of completed transactions
• Streamline your process by allowing users to create templates for recurring transactions
• Categorize wires and associated reports by user-defined BSA risk codes
• Serve as an effective tool for suspicious activity monitoring
• Improve communication with customers resulting in higher customer satisfaction

• User friendly search capabilities of archived information
• Quick access to all transaction information
• Allows fees to be determined on a per customer basis and monitored via "fees charged" report
• Flags non customer, PUPID and other high risk entity wires for enhanced due diligence and monitoring
• Provides a reliable method of complying with BSA record retention and retrieval requirements
• In-depth AML reporting tracks and monitors high risk wires, wire funds velocity and wire frequency at specified amounts
• Employs the benefits of web-based software
  • Reduces cost – ATTUS hosts and manages the software for you
  • Conserves resources – your IT staff stays focused on your core systems
  • Increases efficiency – users can access the site anywhere with their password  

As an added feature, WatchDOG® Wire tracks and reports the incoming and outgoing transaction amounts for each day. This reduces daylight overdraft risks and ensures accurate, day-end balancing.  All of the features and functionality of WatchDOG® Wire create process efficiency and help eliminate errors such as duplicate wires.

With WatchDOG® Wire, you’ll ensure compliance, communicate more effectively with your customers and have more control over your wire transfers. 

We are ready to focus on your process efficiency and compliance needs. Email or call us today at 1-888-494-8449 to find out how WatchDOG® Wire can streamline your wire process and reduce your risk of fraud at the same time.