Wolf Watch

Real-time AML monitoring.

Wolf Watch performs continuous transaction monitoring across every transaction the platform supports. The module detects patterns consistent with money laundering, terrorist financing, and other illicit financial activity, generates alerts for compliance review, supports the case management workflows that follow, and feeds the reporting obligations that flow through to COAF (Conselho de Controle de Atividades Financeiras).

Continuous monitoring across every transaction.

Every transaction that flows through the platform is monitored in real time. Wolf Watch evaluates transaction patterns against detection rules covering known indicators of money laundering, terrorist financing, structuring, layering, and other patterns of regulatory concern. When a transaction triggers a detection rule, an alert is generated for compliance review. Detection operates at multiple levels. Individual transactions are evaluated against threshold rules. Sequences of transactions are evaluated for structuring patterns. Customer activity is evaluated against expected behaviour models. Counterparty patterns are evaluated for connection to higher-risk profiles. The full set of detection rules is calibrated to the regulatory framework that applies to IPS's operations, including BCB requirements and COAF reporting obligations. Cross-border flows carry obligations specific to foreign-exchange payments. Inbound payers in receivables flows are subject to KYC and KYP, with the foreign collecting institution providing payer and source-of-funds data that is mirrored to the partner câmbio bank. Politically-exposed persons are subject to enhanced due diligence and ongoing monitoring with senior-level approval, not onboarding screening alone. The originator and beneficiary information required for cross-border transfers — the Travel Rule — accompanies each operation and feeds the partner bank's reporting. IPS runs the screening and monitoring and prepares the cases; the partner câmbio bank defines the standards, decides on escalations, and holds the reporting responsibility.

Investigating and resolving alerts.

Alerts generated by Wolf Watch flow into case management workflows for compliance review. Compliance staff review the alert in context — the transaction, the customer profile, related activity, supporting documentation — and reach a determination: false positive (alert closed), elevated review (additional information collected), confirmed suspicious activity (case escalated to the partner câmbio bank, which files the SAR with COAF), or other appropriate disposition. The case management workflow maintains the audit trail of every alert and its disposition. This supports regulatory review, internal compliance audits, and the records-keeping obligations that apply to AML and CFT programmes. Cases that result in SAR filings flow through to the formal COAF reporting channel; cases that do not result in reporting are nonetheless documented for compliance integrity.

Complementary monitoring across the operational chain.

The partner câmbio bank operates its own AML and CFT monitoring under its Bacen supervisory framework. Wolf Watch complements rather than duplicates this monitoring. The partner bank monitors at the FX operation level for its supervisory obligations; Wolf Watch monitors at the customer and platform level for the patterns that the partner-side monitoring would not see. Information flows between IPS and the partner bank under appropriate arrangements to support each party's compliance obligations without creating duplicative friction.

Detection rules are not published.

Wolf Watch's specific detection rules, thresholds, and pattern signatures are not published publicly. This is a deliberate operational discipline — published detection logic would assist bad actors in evading detection. Regulators and partner banks with legitimate need to understand the detection framework receive that information through institutional channels.

Institutional access

Technical specifications, integration guides, and architectural detail

Available to qualified counterparties — partner banks, payment infrastructure providers, and accredited compliance teams — through the institutional access process.

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