Our KYC Sanction Screening Solution helps organizations proactively mitigate risk and ensure compliance with a variety of AML, KYC, and counter-terrorist financing regulations.
The name and address information of both customer and vendor records and the sanctions and PEP lists against which they are being matched are cleansed and standardized for consistent format comparisons
Aliases, nicknames, and multiple names within a record are detected and included in the screening process
Records are then accurately matched, despite anomalies including misspellings, transpositions, missing information, nicknames, acronyms, and initials
Personnel time spent reviewing potential matches is minimized through the use of FinScan’s sophisticated case management tool, which includes efficient workflows, audit trails, reporting, and management dashboards