WLF (Watch List Filtering) screens customers and transaction parties against sanctions, PEP and watch lists. Watch List Filtering forms the sanctions dimension of the compliance framework.
Real-Time and Batch Screening
Both real-time (at the moment of the transaction) and batch screening are supported. Fuzzy matching is used to catch name variations, so different spellings and transliterations are not missed.
Match Management
- Advanced scoring: Matches are scored to reduce false positives.
- Match management: Review and decision processes run in a single workflow.
- List updates: Continuous compliance is maintained with up-to-date sanctions and watch lists.
Integrated Compliance
Together with SAM and CDD it completes an end-to-end AML/CTF compliance framework.
