Global Watchlist and Sanction Screening helps detect hidden risks by screening entities with high precision. It helps meet AML, CFT, anti-bribery and anti-corruption obligations and avoid non-compliance penalties. It streamlines KYC and CDD processes with automatic customer data checks. It identifies politically exposed persons, sanctioned entities, and their associates. It cross-checks customers against watchlists like Dow Jones and Reuters Data, UNSC/OFAC, RBI & more.
Manually complying with sanctions screening is complex and costly, since global watchlists have about 10 to 20 million data points. There are too many false positives and missing correct matches.Our solution makes screening automated, fast and scalable. The fuzzy search handles multiple name variations, misspellings, and aliases with ease, ensuring no stone is left unturned when screening customers. It prevents onboarding of risky entities, ensures regulatory compliance, and protects institutional integrity.