Overview
Our Sanctions Screening solution provides comprehensive protection against regulatory risk by screening clients, transactions, and counterparties against 200+ global watchlists in real-time.
Advanced fuzzy matching algorithms handle name variations, transliterations, and misspellings while minimizing false positives. PEP screening with family and associate connections provides complete political exposure coverage.
Continuous monitoring ensures immediate alerts when watchlist changes affect your customer base, with full audit trails for regulatory compliance.
Key Features
Comprehensive screening capabilities for complete coverage
Global Watchlists
Access to 200+ sanctions lists including OFAC, UN, EU, and regional regulators updated in real-time
PEP Screening
Comprehensive PEP database with family members, close associates, and state-owned enterprises
Adverse Media
Automated screening against news sources for financial crime, fraud, and reputational risks
Fuzzy Matching
Advanced algorithms handle name variations, transliterations, phonetic matching, and typos
Real-Time Screening
Sub-second response times for transaction and payment screening at point of execution
Continuous Monitoring
Automatic re-screening when watchlists update with immediate alert generation
Included Modules
Platform components that power this solution
| Module | Included | Purpose |
|---|---|---|
Sanctions & Watchlist Screening |
Real-time sanctions and PEP screening | |
Client Lifecycle Management |
Client risk classification and scoring | |
Alert Management |
Alert triage and disposition workflows | |
Case Management |
Optional: Investigation case management | |
Transaction Monitoring |
Optional |
Solution_Sanctions_Module5_Purpose |
Regulatory Reporting |
Optional |
Solution_Sanctions_Module6_Purpose |
Screening Workflow
End-to-end screening process
Data Ingestion
Receive screening requests
Client onboarding
Transaction screening
Batch processing
Step 1
Matching
Compare against watchlists
Fuzzy name matching
Date of birth validation
Address matching
Step 2
Alert Generation
Create and prioritize alerts
Match scoring
Priority assignment
Auto-close obvious non-matches
Step 3
Review
Analyst investigation
Match verification
Additional research
Disposition decision
Step 4
Resolution
Final action and documentation
Approve or block
Escalate if needed
Document rationale
Step 5
Key Benefits
Comprehensive Coverage: Screen against 200+ global sanctions lists, PEP databases, and adverse media sources
Reduced False Positives: Advanced matching algorithms significantly reduce false positives compared to simple name matching
Real-Time Response: Sub-second screening enables integration into transaction processing workflows
Continuous Monitoring: Automatic re-screening when watchlists change ensures ongoing compliance
Audit Compliance: Complete audit trails document every screening decision for regulators
Flexible Deployment: Cloud, on-premise, or hybrid deployment to meet your security requirements
Integration Points
Inputs
Client onboarding systems
Payment processing
Wire transfer systems
Trade finance platforms
Outputs
Core banking systems
Case management
Regulatory reporting
APIs
Real-time screening API
Batch screening API
Watchlist management API
Scheduled Jobs
Watchlist updates
Continuous monitoring
Batch re-screening
Performance Metrics
200+
Watchlists
Global sanctions and PEP lists covered
80%
Response Time
Average screening response time
500ms
Accuracy
Match accuracy with advanced algorithms
99%
Availability
Uptime SLA for real-time screening
Use Cases
Client Onboarding
Screen new clients and beneficial owners before account opening
Payment Screening
Real-time screening of wire transfers and international payments
Trade Finance
Screen counterparties, vessels, and ports in trade transactions