70 %

faster event tracking

80 %

manual effort reduction

50 %

improvement in response times

splunk anti money laundering solution

Elevating Anti-Money Laundering Efforts with Splunk

As an established Splunk partner, we are excited to share a success story in the area of anti-money laundering (AML). Our client Ryvyl EU faced significant challenges in tracking and analyzing financial activities. Learn how our custom Splunk application provided an innovative and efficient solution.

Ryvyl EU, a fintech organization, is committed to combating financial crimes. Their major challenge involved efficiently managing large volumes of data to monitor suspicious transactions. The goal was to facilitate real-time data access and offer in-depth historical analysis while simplifying the reporting process.

  • Consolidated Application: Combining various business scenarios into one comprehensive Splunk application.
  • Instant Data Visualization: Enabling near real-time visualization and notifications for proactive monitoring.
  • Historical Data Analysis: Equipping Ryvyl EU with tools for extensive historical data examination.

We at BRIGHT developed a customized anti-money laundering application built on Splunk. Key features of this solution include:

  • Real-Time Automated Information: Immediate access to the latest data upon accessing the dashboard.
  • Robust Data Management: Secure storage and management of data and events, with options for custom data filtering.
  • Increased Operational Efficiency: Drastically reduced manual tracking and report generation efforts.
  • Flexible Alert System: Capability to customize alerts for automated responses, such as halting suspicious transactions.

Ryvyl EU’s operations were transformed through:

  • Enhanced Monitoring: Continuous, real-time observation of financial transactions.
  • Centralized Data Repository: A secure, single source of all indexed data, including historical alerts and transaction details.
  • Time-Saving Automation: Fully automated data analysis and alerting, significantly cutting down manual tasks.
  • Comprehensive Reporting: Intuitive visual reports with pre-set alerts for tracking unusual activities.
  • Quicker Response Time: Improved customer service with immediate reactions to alerts.

Our custom Splunk application significantly bolstered Ryvyl EU’s anti-money laundering measures. It improved data transparency, minimized response times, and streamlined reporting processes, proving to be an indispensable tool for financial institutions focused on security and efficiency.


Ready to elevate your anti-money laundering strategy with a custom Splunk solution? Reach out to us today for a consultation and let us create a system that meets your unique requirements. Contact us now!