This tool enables financial institutions to automate and standardize after-the-fact analysis of Fedwire® payment transactions. Developed based on customer feedback, the FedTransaction Analyzer service provides access to a historical transaction database and helps automate manual reporting processes.
FedTransaction Analyzer, available via the FedLine Advantage® access solution, helps financial institutions aggregate, save and analyze transaction data and assess potential exception activity, eliminating the time-consuming and error-prone manual processes related to risk management and compliance support procedures.
The FedTransaction Analyzer tool was developed for individuals with responsibilities associated with risk and compliance, line of business management, payments and/or other operations. FedLine Advantage Plus customers can access the service at no additional charge.
The tool provides access to a historical database of up to five years of Fedwire Funds Service data.
View sample reports (PDF)
Activating access to FedTransaction Analyzer is easy for financial institutions. You should first evaluate your risk management and compliance support needs and establish internal processes for data analysis, and then follow the steps below to set up access to this valuable tool.
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