Sanctions & PEP Screening
In the wake of Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) legislation, it is now every financial or legal services organisation’s responsibility (and the individual Money Laundering Reporting Officers within them) to frequently and closely screen its customer list for individuals identified on national and international Sanctions lists, to ensure that they are not unknowingly assisting the financing of terrorist activities.
Failure to comply with such Know Your Customer (KYC) legislation carries severe financial penalties (frequently over $100m) and unquantifiable damage to reputation and brand equity.
The dn:Director for Sanctions & PEP Screening solution offers exceptional accuracy for proactive risk protection, whilst minimising ‘false positives’ (potential matches requiring additional manual assessment) which can often be a burdensome bi-product of other automated screening solutions. It also provides an electronic ‘results book’ providing a full audit trail of Sanctions & PEP screening activity for compliance reporting.
For more information about dn:Director for Sanctions & PEP Screening, please click the links below.
Enterprise Screening
Undesirable employees, internal contractors, suppliers, manufacturing partners, agents, dealers/distributors all have the potential to impact on the organisation, either through fraud, association with money laundering, black marketeering, or even association with corrupt political regimes. As a consequence, a new type of screening is required which covers all those who have a touchpoint with the brand or the organisation as a whole - which we term ‘enterprise screening’.
Click for more...dn:Director for Sanctions & PEP Screening
dn:Director protects you from regulatory and policy breaches by screening your source customer data...
Click for more...Sanctions & PEP Screening: Dependable Client Screening from Datanomic
The pressure is on for businesses to fortify their systems against access by money launderers, terrorists and others whose activities may compromise foreign policy or national security.
Click for more...Risk Assessment from Datanomic
The Datanomic Risk Assessment delivers a quantified assessment of compliance risk, based on screening a sample of an organisation’s customer database.
Click for more...Datanomic Sanctions & PEP Screening: The Multi-Market Solution
Any institution that aids criminal activity – knowingly or not – is putting its reputation, profits and possibly its future at risk.
Click for more...Money Laundering Misconceptions: The 7 Myths Every MLRO Should Know
If you work for a financial services institution, there’s an 85% chance that right now your company is breaking the law.
Click for more...The 3 Minute Guide to Customer Screening Video
Do you know who's hiding in your data? Get to grips with them fast with dn:Director...
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