Case Study: Stout Helps a Regional Bank Complete Compliance Review Early with Unit21

How Stout uses Unit21 transaction monitoring improves business

Stout, a financial advisory firm, helped a regional bank tackle a regulatory-mandated look-back project involving historical transaction review for potential unreported suspicious activity. The bank’s existing system lacked the flexibility needed to match its risk appetite and regulatory requirements, so Stout recommended Unit21’s Transaction Monitoring platform and Case Management capabilities.

Unit21 enabled the bank to ingest and analyze historical data in just 4 days and go live in 20 days, far faster than its legacy system. Working with Stout, Unit21 helped the bank complete the project 3 weeks ahead of schedule, cut costs by 20%, reduce alert volume by 20%, and achieve 40% true-positive alerts, while keeping the solution in place for ongoing suspicious activity reporting.

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