Ermi as a backup: You’ve got a transaction monitoring system but you need a back up.

In the unlikely event of an emergency, we’re there when you need us to be.

In order to comply with DORA (Digital Operational Resilience Act) requirements, you need to be able to show that you have taken reasonable precaution.

But why pay over the odds for a system you’re not using? Use Ermi as the alternative.

Get a back up you can afford today

Easy to get set up

It’s easy to set up, we can have you up and running in a day.

Emergency services

You only need to send us data in an emergency. We regularly test your back up to give you peace of mind.

Low monthly cost

You get 10 runs a year. If you need more, we can quick;y set you up with weekly or daily runs.

Keep an audit trail

You don’t have to have anything complicated. We give you your data offline, so it’s always yours to keep.

What we give you.

Everything you need to get started or move to more frequent running.

Low monthly cost You get 10 runs a year. If you need more we can quickly set you up with daily or weekly running
Meet operational requirements and DORA The UK and the EU have determined that you need to show that you’ve taken reasonable precaution in the event of system failure.
Build confidence Your clients and your investors will be glad to know you have made provision in the event of an emergency.
Regularly tested To prove that it works, we regularly test the backup.
On at the flick of a switch You only need to deal with us in an emergency. You send a spreadsheet, we run it, and we send you a spreadsheet back.
No babysitting required No need to maintain any portals, nor do you need any infrastructure or overheads allocated to keeping things running.

Our rulesets

Ermi has rules perfect for running as a backup tool.

Management Information: Our quick and simple management information dashboard provides you details of your highest turnover clients, if your normal tools are down, this simple dashboard ensures you have oversight of your highest exposures.

Country Risk Rules: Out of the box high risk country rules designed to flag exposure to countries with poor AML controls as specifically designed under FATF AML guidance. Our Auto updated country risk lists are set up and ready to screen your transactions if your normal tools fail.

Payer over expected spend threshold: Our simple data collection process allows us to get up to date expected volume information for your clients. Even for a single day of operation, Ermi is able to spot outlier and over expected volume transactions with the most up to date profile information about your clients.

Pricing

The most economical way to make sure you have a backup system.

You need to take ‘reasonable precaution’ to meet DORA requirements. Ermi does the job efficiently without asking you to pay for anything you’re not using.

£3,000 + VAT Fixed price for the first year, then £200 per month thereafter..

Do you need Ermi as a standalone tool?

If doesn’t take much to switch to daily or weekly running, with the opportunity to customise your rulesets.

Find out how Ermi can work as your main transaction monitoring system

We don’t like the idea of paying for a bloated backup system that does lots of things you don’t need it to. So we made Ermi to do what’s needed safely and securely, nothing more.

Backups can be expensive, but they’re necessary. With the UK’s operational resilience rules and the EU’s DORA requirements, firms have to assess how critical their systems are. Most need a reliable backup in place.

We didn’t think firms should be overpaying for unnecessary integration or even need to spend time feeding data into APIs, creating client profiles, or clearing alerts. When it’s a backup, it shouldn’t need babysitting.

Ermi is stripped back. You can switch monitoring on or off, pick up where your old vendor left off, and easily jump to bridge the gaps if your existing system fails. It’s a simple, reliable fallback. Just that.

We like sticky problems and calls for support.

You won’t get through to a sales team. We’re Money Laundering Reporting experts who actually like hearing from you, whatever the question might be.

hello@ermitm.com