Why Screening is important for compliance 

Screening customers against Politically Exposed Persons (PEPs), sanctions lists (such as the OFAC in the U.S. and OFSI in the UK), and adverse media is critical for fraud prevention and regulatory compliance. It is mandated part of FATF recommendations, the EU’s AMLD and other global AML frameworks.  

Automated batch screening allows organisations to efficiently process a large volume of customers, ensuring compliance for periodic reviews. In comparison, real-time point screening offers flexibility to assess individual customers in real time, which supports risk-based decision making and investigations into suspicious activity.  

RiskScreen, powered by KYC360 technology, allows users to easily conduct one-off searches in real time. Searches are conducted using credits and you can see the full pricing here. This simple and intuitive solution is ideal for conducting rapid one-off searches as often as needed on any desktop or mobile device. The solution can be used by an unlimited number of employees within the same organisation at no extra cost. Get started in minutes.

Benefits of Real-Time Point Screening

• Screen individuals and companies online in real time  
• Includes alias names for 'bad actors'  
• Common name variants, across multiple languages  
• Control risk-based search parameters 
• Exclude irrelevant URLs  
• Red flag results of interest 
• Consolidate findings in a single report for future audit purposes   
• Include your assessment of the search subject’s risk level based upon search results 
• Add comments for improved communication   
• Optional MRZ analyser allowing you to analyse and validate passport data   

Batch Screening is an award-winning module of KYC360's Customer Lifecycle Management platform. The solution is designed to enable businesses to screen volumes of customers (from hundreds to millions of names) overnight in a fully automated and risk-based manner. The solution also includes an option to screen higher risk customers against adverse media sources.  

Benefits of Batch Screening

• Virtually eliminate false positives with the world’s first truly risk-based batch screening engine 
• Handle tens of millions of names at all risk levels 
• Fully integrated with the world's best data sets from Dow Jones, World-Check and Lexis Nexis providing you with maximum optionality 
• Complete workflow and audit capture – All activity at any single moment in time is captured for audit purposes 
• Laser-sharp MI and reporting 
• Super-flexible integrations