Automated suspicious activity reports
Compliance teams spend about 1/3 of their operating expenses on reporting suspicious activity. Hummingbird streamlines the filing process and automates the tedious work of generating and filing SARs/STRs – saving hours per case.
Top financial institutions automate SAR/STR filing with Hummingbird
Our clients include some of the largest banks, fintechs, and financial institutions, representing more than $3 trillion in assets.
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“ This is a game changer, so much better than manually filing. It was a super smooth process. We’ve been able to save 7+ hours a week per person!”
Financial Crimes Analyst at Stripe
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“ Hummingbird has dramatically reduced the tedious aspects of compliance work and simplified working with our banking partner.”
Chief Compliance Officer at Petal
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“ This is a game changer, so much better than manually filing. It was a super smooth process. We’ve been able to save 7+ hours a week per person!”
Financial Crimes Analyst at Stripe
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“ Hummingbird has dramatically reduced the tedious aspects of compliance work and simplified working with our banking partner.”
Chief Compliance Officer at Petal
Benefits
The Only Patented Technology Automating Reporting in 60+ FIUs*
Other vendors give you a form that looks suspiciously like the filing PDF. It’s still tedious to fill in and is prone to errors.
*Systems, methods, and storage media for providing information relating to suspicious financial activities to investigative agencies. Covered by US Patent. No. 11,367,082.
- Automated report generation for specific FIUs
- Validation for specific FIUs to ensure filings are never rejected or receive warnings
- Electronic transmission to specific FIUs, including tracking
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Report Generation
- Dependable, accurate translation of your data to the SAR report.
- SAR requirements are validated for every supported FIU.
- Investigators can identify and fix validation issues before submission.
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Electronic Filing
- Electronically submit prepared SARs to supported FIUs.
- Track submission status, such as when reports have been accepted.
- Receive real-time notifications for any issues with your submissions.
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Improved Process Efficiency
- Manage timelines, case assignments, and submission records in one place.
- Verify report accuracy with pre-submission reviews and approvals.
- Get a complete audit trail for all user, case, and filing activity.
-
Report Generation
- Dependable, accurate translation of your data to the SAR report.
- SAR requirements are validated for every supported FIU.
- Investigators can identify and fix validation issues before submission.
-
Electronic Filing
- Electronically submit prepared SARs to supported FIUs.
- Track submission status, such as when reports have been accepted.
- Receive real-time notifications for any issues with your submissions.
-
Improved Process Efficiency
- Manage timelines, case assignments, and submission records in one place.
- Verify report accuracy with pre-submission reviews and approvals.
- Get a complete audit trail for all user, case, and filing activity.
Prevent rejected filings with thousands of validations
Hummingbird has reimagined the entire SAR creation process for the US, Canada, and goAML countries. We've made it easier and more accurate. We run your reports through thousands of validation tests before filing to ensure they're never rejected or receive warnings.