Ongoing Monitoring is the process of continuously screening a set of entities against selected lists and generating alerts only when there are new or updated potential matches. This enables clients to stay informed about changes in risk status without the need for manual rescreening.
Key Terms:
- Monitors: the lists of entities you are continuously screening
- Lists and list entries: the lists you have selected to screen against
How Ongoing Monitoring Works
Clients first need to designate what entities are being monitored, which lists the are being monitored against, and what their score threshold and other parameters are (e.g. enabling WeakAKAs). The process begins with an initial screen against your created monitor(s). After entities are screened against all of your designated lists once, Castellum.AI continuously checks for updates and only generates alerts for new or changed information. The process is as follows:
- Create a list of entities (people or companies) to monitor via the Monitors API endpoint
- Castellum.AI stores this list securely
- Castellum.AI executes an initial screen against the list of entities being monitored
- Castellum.AI continuously check these entities against your designated lists
- When there's a relevant change or new information about an entity, Castellum.AI generates an immediate alert
- These alerts are sent back to you in batches for convenient workflowing, typically jkelr
Note: Ongoing Monitoring is available via the API and can be integrated into banking core, case management or other systems used for AML/KYC workflows. Monitoring is not available via the platform.