Sanctions Screening
When dealing with financial services, maintaining compliance with global sanctions regimes is crucial. Governments and international bodies impose restrictions on individuals and organisations involved in activities such as corruption, human rights abuses, and terrorism. Ensuring due diligence on your customer base is essential to avoid legal breaches and minimise reputational and financial risks.
Key Stats.
5
Major sanctions lists
85
k
Sanctioned entities
25
M+
Records screened
Sanctions Screening: Fast and flexible
Our sanctions screening module provides a Fast and flexible service that checks your data against the sanctions lists relevant to your location. You can define screening parameters to match the specific requirements of different jurisdictions and regulatory bodies. The module allows for real-time screening, instantly comparing your customer data against updated sanctions lists to ensure immediate identification of restricted entities.
A swift action
When matches are found, our alert system notifies you promptly, enabling swift action in compliance with local laws. Additionally, the module offers integration options, allowing it to function as a standalone service or seamlessly integrate with our broader fraud detection and compliance solutions.
Key Benefits
Regulatory Compliance
Ensure adherence to local and international sanctions laws, avoiding legal repercussions.
1st Class Risk Mitigation
Minimize reputational and financial risks by identifying and managing potential bad actors promptly.
Operational Efficiency
Quickly and accurately screen your customer base against relevant sanctions lists, streamlining your due diligence processes.
Seamless Integration
Easily integrate sanctions screening with other modules for comprehensive fraud detection and compliance.
Our Compliance services
Whether meeting FCA expectations or supporting internal governance frameworks, our Compliance suite enables proactive oversight and mitigates reputational and regulatory risk.
FAQs
How our screening capabilities balance accuracy, auditability, and operational efficiency.
What is sanctions screening?
Sanctions screening checks customers, suppliers or counterparties against sanctions and watchlists to identify prohibited or high-risk relationships.
What lists can be screened?
You can screen against your internal lists and relevant external lists as required by your operating model, and manage updates as part of your governance process.
How do you handle false matches (name similarities)?
Matching thresholds and rules can be tuned, and analysts can review alerts with supporting context to distinguish true matches from coincidental similarities.
Can sanctions screening be integrated into onboarding and payments workflows?
Yes. Screening can be run at onboarding, during periodic reviews, and before payments where appropriate, with results feeding into case workflows.
Do you keep an audit trail of screening decisions?
Yes. Screening inputs, matches, reviewer actions and outcomes can be logged to support audits and regulatory queries.
How quickly can we implement sanctions screening?
Implementation depends on the lists and workflows you need, but many teams start with a targeted pilot and expand coverage as processes mature.
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