Comprehensive and efficient sanctions screening

Screening customers and transactions against sanctions and watch lists is critical to a comprehensive financial crimes program. Getting it wrong can be costly: Financial firms have been fined billions of dollars for failing to comply with regulations. 

Official matching lists are rarely specific—leading to large numbers of false positive alerts. This time-consuming activity does not scale for financial crime teams and directly impacts operational processes. 

Regulated businesses need sophisticated technology to examine transactions and reduce unnecessary reviews.