Challenge
Watchlist screening is harder than it looks
Screening customer names is more complicated than just scrolling through a list.
A single name can have numerous variations (John R. Sengupta, Jon Sengupta, Jon Rahman Sengupta), and an individual might use aliases or different names altogether. These variations often result in a flood of potential matches, most of which are false positives.
Sifting through these matches manually is not only time-consuming and costly but also inefficient. Missing the correct matches, however, isn’t just a mistake—it’s a serious compliance risk.
As your data scales to thousands or even millions of entries, manual name screening quickly becomes an unsustainable approach.
Product Overview
How Screen Solves It
Screen automates name screening using advanced and proprietary AI and ML models that have created a state-of-the-art matching engine which gives the fewest false positives.
It’s powerful. It’s efficient and it looks for customer name matches across 2100+ watchlists powered by global data sources.
- From RBI to SEBI, from MCA to Federal Reserve, with Screen you get extensive coverage to facilitate faster verification of digital identities.
- Embed the tool within your Anti-Money Laundering (AML) framework to comply with Know Your Customer (KYC) protocols and Combating Financing of Terrorism (CFT) regulations while delivering the secure, convenient experiences your customers expect.
- Meet rigorous requirements of Enhanced Due Diligence (EDD) by cross-referencing prospective or existing customer data against critical Restricted Entity (RE) lists, such as OFAC, the UN Sanctions List, and Politically Exposed Persons (PEP).
- Customer name screening is not a one-time task. Continuously monitor customers with daily updated lists, making it an ongoing process.
Benefits
Instant access to current and continuously updated watchlist and sanctions streamlines screening of customers and gives global coverage
Automate compliance checks across the customer journey and critical processes with real-time alerts for fewer delays and better efficiency
Rigorous protection with KYC screening, 3rd party risk screening, and during onboarding minimize the risk of fines, legal repercussions, and loss of business
Use Cases
Where Screen Helps
Banks
Get an aggregated view of unknown relationships and linkages between customers and entities. Enhance your ability to understand interdependencies in diverse global markets
Financial Services
Build a detailed knowledge graph or family tree to uncover suspicious motives like tax evasion and discover anomalies for comprehensive risk assessments
Insurance
Safeguard global business by exercising caution when dealing with relatives or associates of individuals and entities with a fraudulent history or non-performing assets (NPAs)
Telecom
Identify linkages such as family ties, household members, co-workers, or business associates to extend relevant products or services, optimizing sales strategies across different regions
Screen’s Unique Edge
Features
Speed, precision & customization
The Impact
Solving current challenges, shaping the future
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