Ongoing Monitoring
Stay ahead of financial crime risks with automated ongoing monitoring that flags suspicious behavior before it becomes a regulatory issue.
Why Ongoing Monitoring?
Ongoing monitoring is a legal requirement under Canada's AML/ATF framework. It ensures that once a business relationship is established, it continues to make sense over time. This means reassessing client risk, identifying unusual patterns, and updating records as client behavior or ownership structures change.
Our Continuous Monitoring service helps reporting entities automate this process, maintain updated risk profiles, and meet their legal obligations without overwhelming compliance teams.
Who Is It For?
These organizations need to ensure that clients remain low risk or are flagged for escalation as soon as their behavior changes. Our solution removes the manual burden of constant checks and delivers scalable compliance.
Key Benefits
Identify suspicious behavior as it happensâno more batch reviews or retroactive actions.
Ensure you're compliant with FINTRACâs requirements for client monitoring and record updates.
Let your team focus on real investigations, not repetitive record-checking.
Keep client profiles accurate and reduce blind spots in high-risk accounts.
Use Cases
How It Works
Features
Configure thresholds based on volume, frequency, geography, or transaction type.
Continuously scan client data against updated global watchlists.
All alerts, investigations, and decisions are timestamped for regulator review.
Dynamically adjust risk scores based on monitored activity and flags.
Prompt clients to re-verify KYC information when significant changes are detected.
Frequently Asked Questions
How often should I monitor clients?
Monitoring must be ongoing, with frequency based on the client's risk level. High-risk clients require closer and more frequent review.
What kind of changes trigger updates?
Changes in transaction behavior, ownership, business activity, or presence on sanctions/PEP lists.
Is this required by law?
Yes. Ongoing monitoring is a regulatory requirement under Canada's Proceeds of Crime (Money Laundering) and Terrorist Financing Act.
What should I do when something suspicious is detected?
You must assess the situation and, if appropriate, file a Suspicious Transaction Report (STR) with FINTRAC.
Can this process be automated?
Yes. Our system integrates with your data sources to automatically flag suspicious activity and guide compliance action.
Getting Started
Stay proactive. Stay compliant. With continuous monitoring, youâll always know when a client relationship needs a second lookâbefore regulators do.
Fill out the short contact form below or choose another convenient way to reach us. Our team is here to listen, answer your questions, and help you get compliant â fast.
Contact Us
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