Match Exclusion 

for Banking Compliance

What’s the scale of the problem?

• High number of false positives: Over 70% of respondents are concerned with an increase of alerts from OFAC and the EU 50% Rule in the next 12 months
• Staff shortages, inadequate or outdated technology, and too many false positives represented the top three concerns for AML professionals
• Legacy systems: Nearly half of firms surveyed said their current technology is inadequate, insufficient or outdated,

How can BAE Systems help financial institutions address this problem?

• Improved detection effectiveness through substantially lower false positives and increased true matches
• Increased investigator efficiency – less alerts need to be saved, alert tables and UI performance streamlined for faster decisions and disposition
• Transformational cost savings

Is this feature unique to BAE Systems?

Yes. Match Exclusion is a unique and differentiating feature of our Transaction Filtering technology. Match Exclusion is used to define exclusion rules for recurring false positives matches, drastically reducing the number of false positives investigated by business users. Those exclusion rules are defined based on existing false positive in customer production data. 

How Match Exclusion helps:

Reducing false positive reports gives your investigators more time to examine truly suspicious transactions, unclouded by erroneous reports during the initiation and research stage of an investigation. This has a knock-on positive effect on staff productivity. Finally, shorter investigation times and higher detection rates reduce the institution’s level of risk from criminal predation and regulatory action.