Watchlist Screening
Comprehensive screening for sanctions, PEPs and adverse media. We help hundreds of businesses screen millions of records every day to ensure compliance.
Watchlist Guard
Establish a robust screening strategy to identify any potential sanction, PEP or adverse media risks in your business with ComplianceAssist’s flagship screening solution.
Select from a wide range of commercial and regulatory data sets. Define the methodology used to screen your data and layer in automatic rules to help reduce false positive matches and streamline your AML operations.
Direct screening output to the correct teams and implement escalation routes to ensure a smooth day to day operational process. Where additional support is required integrate direct into our Assist service to outsource your review process.
Some of our clients
PEPs, Sanctions and Adverse Media
Screen your clients, suppliers and other required 3rd parties against a range of global data sources to identify and categorise individual and entity risks in your business. Select either an individual provider of watchlist data or combine providers for greater coverage.
Highly Configurable Screening
Set up multiple screening approaches based on the risks in your business, replacing an unreliable one size fits all approach. Further refine your approach to tailor how the screening will be undertaken on different subsets of watchlist data.
Continual KYC
Maintain rigorous compliance standards with watchlist monitoring for nightly alerts. Upon update of our watchlist database, your customers are scanned for any potential matches. Alerts are then routed based on the configured workflows.
Match Review Outsourcing
Whether you need to lighten the load on your internal teams, or require support for a one off project, we are here to help. Our team assists clients across a wide range of different industries and provides a solution to many issues. Simplify your business by making use of our experience.
Work Flow
Ensure alerts are directed to the correct team for timely review. Our workflow solution allows for the routing of alerts to work queues based on multiple, tailored factors. Further define referral and escalation routes to enforce your unique business processes.
Reporting
Both standard and customised reports are available to help you gain insights in to your data. Understand the current position of your workloads, performance of teams and the risks present in your business.
Built for Speed and Volume
Watchlist Guard provides a user friendly online platform, batch interface and API options enabling you to quickly process submissions and promptly identify potential matches. Our system is built for volume and speed to facilitate all your screening needs.
System Migration Service
Make the transition to our Watchlist Guard service as painless as possible. We provide a complimentary service to help migrate your data in to our service and keep your business running smoothly.
How can we help your business?
Get in touchWhat is Watchlist Screening?
Watchlist Screening checks your client’s details against global data sets of sanctions, politically exposed persons (PEPs), including relatives and associates, and adverse media. Quickly identifying relationships with high-risk individuals can help protect your business against the higher AML and CTF risks associated with them and contributing towards a risk-based approach.
Why do I need to screen customers?
Screening clients and business relationships is a vital element of any KYC and AML operation, in order to understand your client and prevent an accidental relationship with a sanctioned party, or to assess and adjust relationships with high risk customers.
Monitoring screened customers helps to keep you up to date, and alert you to newly sanctioned parties, enabling you to quickly modify or terminate relationships.
What types of watchlists can be screened against?
Watchlists covering politically exposed persons (PEPs) and relatives or close associates (RCAs) can help to identify high risk clients or business relationships, covering government officials, high ranking armed forces staff, civil servants, legislation, judiciary members and more.
Sanctions screening is a vital part of client screening, as any relationship or business dealings with sanctioned individuals or entities can lead to heavy fines and prosecution. The most prominent sanctions regimes come from HMT, OFAC ,the EU and UN, but lists are published by governments around the world.
Special interest data can be screened via commercial sources such as Dow Jones and Acuris Risk Intelligence, to identify entities at higher risk for money laundering and terrorist financing. Categories such as organised crime, terrorism, corruption, bribery and trafficking help you to apply risk ratings and generate risk assessments.
Screen against adverse media risks, particularly useful in high-risk industries and relationships, covering topics such as insolvencies, reputational risk exposure events and law enforcement events.
When screening entities, screening against exclusion lists and regulatory enforcements can help analyse solvency, AML competencies and other regulatory notices.
