This powerful solution combines centralised list management and advanced features for accurate and cost-effective customer and vendor screening – so you know who you’re doing business with.
Screening individuals and entities is a key requirement as part of ongoing due diligence and during customer onboarding.
Our hosted Name Screening service screens large databases with ease, thanks to advanced features and centralised list management.
Name Screening handles automated batch screening of complete databases and online checks of individual names. Advanced delta/delta screening reveals changes between your data and relevant official lists.
We directly source and maintain public sanctions lists, while our partner Dow Jones provides and updates Politically Exposed Persons (PEP), Relatives and Close Associates (RCA) and Sanctions Ownership Research lists.
As Name Screening is a centrally-hosted SWIFT solution, there is no software or hardware to install and manage – and no hidden charges for lists, upgrades or additional users. You pay a transparent annual subscription for a high-performance solution.
Pair with transaction screening to meet key compliance requirements.
This article from the Association of Certified Anti-Money Laundering Specialists, discusses the impact of the “de-risking” trend: the economic consequences, as well as the adverse effect on the use of regulated payments channels.