Salv Introduces Collaborative Scenario Library to Revolutionise Transaction Monitoring and Foster Community Crime Fighting

European RegTech scale-up Salv has announced the launch of its Collaborative Scenario Library, an innovative tool designed to help AML teams improve their transaction and customer monitoring in order to catch more financial crime.

The Collaborative Scenario Library, a feature of the Salv Monitoring solution, represents a significant leap forward in proactive AML solutions and community-driven transaction monitoring. It sets a new benchmark for how AML teams from different financial institutions can collectively tackle emerging threats while maintaining stringent regulatory standards.

Today, financial institutions face significant challenges in maintaining compliance and effectively detecting new patterns of financial crime. Regulations often provide broad, risk-based guidelines without specific frameworks for what organisations should monitor.

The Collaborative Scenario Library addresses these challenges by providing institutions with a curated, anonymised database of proven monitoring scenarios and rule frameworks.

“We understand that compliance is more than a checkbox—it’s about actively preventing financial crime. Teams want to go beyond tick-box compliance and do more,” said Ester Eggert, Head of Product at Salv. “The Collaborative Scenario Library empowers financial institutions by giving them access to shared insights that enhance both regulatory adherence and real-world effectiveness.”

“Our solution is rooted in a unique collaborative model where users can trust that they are learning from the best practices of their peers,” continued Ester. “Companies will be able to take scenarios known for generating high true positive rates, tweak them as needed, then implement them. As a result, they can quickly catch more financial crime.”

Fostering community crime-fighting

The library focuses on scenarios that generate high ‘true positive’ alert rates. When criminals find a new tactic, they don’t target just one organisation, so a cooperative approach enhances individual organisations’ ability to fight crime and elevates the industry’s collective defences against emerging threats.