Sanctions and Adverse Media Screening

The Sanctions and Adverse Media Screening (SAM) application enables organizations to screen all their dealings against multiple sanction and politically exposed person ("PEP") lists. It integrates with Google's search engine to screen against adverse media to check for corruption, anti-money laundering, and terrorism. This helps to make sure that organizations comply against Sanctions lists, therefore, reducing business risks, avoiding fines and representational damage.

As governments update the Sanctions and PEP lists on a regular basis, SAM’s RPA Bot on a daily basis navigates to government websites and extracts all the incremental updates from the lists and automatically screens all existing entities against the updates. It alerts the investigation team to investigate any potential risks, therefore, mitigating risks and improving overall risk management capabilities.

Key Features and Functionality:

  • Creating and Updating Consolidated Sanction and PEP Lists
    • SAM’s RPA Bot goes to the various sanction and PEP lists around the globe (US OFAC, Australia DFAT, etc.) on a daily basis and extracts all the incremental updates from the lists and maintains a consolidated database of Sanctions in a unified format.
    • Presents the global sanctions list on a world map and allows for filtering and searching of the information.
  • Screening Configurations
    • Organizations can choose which adverse media categories to screen and even define the associated keywords per category (For example a Bank might want to screen for news on Anti Money Laundering)
    • A risk tolerance can be set up that allows for configuration of what fuzzy match score should raise flag for an entity to your investigation team.
    • Allows for the import and maintenance of an organization's own blacklist to include in screening
    • Set up a barred country list to flag entities based on their county
  • Dynamic Case Management
    • Define multi level investigation team to take care of any flagged entities
  • Screening Engine
    • Uses powerful fuzzy text match algorithms to match entity details against all the consolidated sanctions list and run time generates a matching score. If the matching score is more than organization's risk tolerance it automatically hits the relevant levels of the investigation team.