Screen transactions to entities found on internal and external watch lists
with the fewest amount of false positive alerts
Transform your
transaction filtering
processes
BAE Systems
match exclusion technology
BAE Systems recognised as a “Leading Provider” of Anti-Money Laundering and Robotic Process Automation solutions by Aite Group
Schedule a demo
Celent recognises BAE Systems in the
Solutions for Know Your Customer: 2020 Edition report
Discover what NetReveal Transaction Filtering Solution can do for you
Financial institutions are responsible for screening payments that could trigger hits against sanctions watch lists. They must screen cross-border international payments, but also more and more domestic transactions against internal, public and commercial aggregator lists to comply with local or international regulations.
Financial institutions are spending more time, money and resources investigating false positives as transaction volumes and worldwide cross-border money transfer activities increase. Missing an alert that is a true positive can have severe regulatory and reputational consequences if the transaction is not stopped.
Pinpoint transactions to entities
on watchlists quickly
Screen payments with NetReveal Transaction Filtering to meet requirements with a packaged, configurable, risk-based approach for watchlist investigators to facilitate regulatory reporting, transaction interdiction, and asset freezing. Compare attributes of the person making the payment, or attributes of the person receiving the payment, against attributes of known persons or entities that are maintained in watch lists.
Comprehensive coverage for global compliance
SWIFT 2020-certified application includes protocols for any message type, including SWIFT MT and MX, ACH, and FedWire. Full support for ISO-20022
Realise up to 83% reduction in false positives
Achieve up to an 83% decrease in false-positives your investigators have to review using our Match Exclusion technology. Our advanced algorithms reduce false positives on average by 40-60%
Prioritise alerts to manage high volume
Reduce false positive alerts using Intelligent Event Triage. Repetitive assignment is automated based on a scoring model to prioritise higher risk alerts while hibernating lower priority alerts
Integrated view of
risk history
Anti-stripping enables your investigators to screen alerts against previously blocked payments
Factor in market
implications
Currency cut-off prioritises currency based on market to enable legitimate transactions
Maximise efficiency with 24x7 architecture efficiency
Architecture separates processing and alert storage from the user interfaces to ensure maximum resilience, stability, and scalability
Choice of detection configurations
Adapt detection configurations easily and find what works to improve detection. Store multiple versions of a detection configuration in the model repository and choose a model to deploy for screening. Coverage reports can be generated for all models
Realise increased detection strength
Concatenated fuzzy 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
Up-to-date compliance protection
Automatic list update imports and updates watch lists daily or even multiple times per day to ensure up-to-date compliance protection
Capitalise on real-time and batch processing
Supports 350+ global watch lists and performs advanced screening against millions of watchlist entries. Send payments to our system through JMS, SOAP, REST, HTTP or Kafka and get the responses typically well under 40 milliseconds.
Deliver batch files or link your payments database for fast batch processing.
SWIFT-Certified Solution Provider for 10+ years
View full details of our SWIFT Certified Application on the SWIFT website