SearchSanctions

SearchSanctions is an Anti-Money Laundering (AML) compliance solution designed to cater to the needs of small to large enterprises. According to the vendor, this software solution is specifically tailored for professionals and industries in banking, financial institutions, fintech, payment institutions, and insurance. With a range of features and capabilities, SearchSanctions aims to assist businesses in effectively screening customers, monitoring adverse media coverage, conducting batch queries, and implementing robust transaction monitoring and screening processes.

Key Features

AML Name Screening: According to the vendor, SearchSanctions allows users to instantly search customers from Sanctions and PEP lists, performing searches periodically or in multiple ways.

AML Solutions Enterprise API: The vendor claims that SearchSanctions provides access to fast and reliable APIs, enabling users to make single, multiple, or periodic queries for seamless integration with existing systems.

Adverse Media Screening: SearchSanctions offers the ability to monitor negative news coverage globally, aiming to help users identify potential risks and stay updated on adverse media.

AML Scanning Batch Query From File: Users can easily query thousands of customers at once by uploading an Excel file, streamlining the screening process, as claimed by the vendor.

Transaction Monitoring: The vendor states that SearchSanctions allows users to create risk scenarios and monitor transactions based on risk categories, automatically generating alerts based on determined risk levels.

Transaction Screening: According to the vendor, SearchSanctions enables users to perform AML list queries and transaction risk calculations in real-time at the time of transaction, ensuring compliance and mitigating risks.

Transactions Customer Profiling: The vendor claims that SearchSanctions helps users identify, score, and track transaction and customer risks, providing detailed information on customer risk levels and scores.

Cloud & On-Premise AML Solutions: SearchSanctions offers both cloud and on-premise models for AML compliance solutions, providing flexibility and customization options, according to the vendor.

Easy Search with Console & API Solutions: According to the vendor, SearchSanctions allows users to effortlessly search for individuals, institutions, airlines, or ships across 200+ countries and 2000+ programs, with data updated every 10 minutes. Integration with APIs is also available.

Detailed Timestamped Reports: SearchSanctions provides users with comprehensive reports that include detailed timestamps, aiming to provide a clear audit trail of all activities and ensure transparency in compliance processes, according to the vendor.