Discover what NetReveal Sanctions and PEP Screening Solution can do for you
Financial institutions must screen customers and involved parties against multiple internal, external, domestic and international sanctions lists and Politically Exposed Persons (PEP) lists for matching persons, legal entities, countries or PEPs and their associates to ensure they do not have sanctioned entities and high-risk PEPs as customers.
Sanctions and PEP screening is notoriously prone to high false positive alerts due to the number of lists, spellings, multiple aliases, and different global character sets. Institutions struggle to effectively process the sheer volume of alerts to ensure investigators correctly identify a person or company on a sanctions or PEP list.
Identify high-risk and sanctioned entities on watchlists rapidly
Comply with internal, domestic and international watch list enforcement regulations by identifying high-risk and sanctioned individuals and entities. Financial institutions can rapidly screen, detect and track beneficial owners and their linkages in real-time – all while receiving accurate and productive alerts.
Screen sanctioned entities, PEPs, individuals, and beneficial owners against 350+ global watch lists
Realise increased detection strength
Concatenated name matching algorithm strengthens detection levels. Receive alerts on sanctioned entities or persons that have intentionally included too many or removed spaces to avoid detection by screening systems
Compare watch list
Investigators can see the changes between the current version of the watch list entity and the previous version at alert generation time to speed up the alert adjudication time
See all beneficial ownership relationships
Allows users add a note, create a new case, link to an existing case or a current case, and create a new alert – all with single clicks
Match screen in
Speed customer onboarding time by rapidly screening, detecting and tracking beneficial owners and their linkages in real-time
Advanced volume data processing
Provides load distribution capabilities over multiple machines for more efficient processing of very high volumes
Explore other solutions in our suite for regulatory compliance