Optimise sanctions compliance with pinpoint precision
The expansion of international sanctions and governmental efforts to fight terrorism pose evolving challenges for compliance departments.
You are now required to screen transactions and customers against rapidly growing lists of sanctioned individuals and organisations. Automated filtering tools often generate false positives and false negatives, meaning follow-up searches must be conducted manually, which is time consuming and risky.
Take control of sanctions compliance with maximum accuracy and efficiency using our modular set of shared services. These include transaction and name screening against standardised sanctions lists, along with integrated reporting and case management.
Nuestra solución mejorada de filtrado de sanciones: resuelve el mismo desafío, con nuevas funciones.
Supporting effective sanctions compliance by screening single names against sanctions, PEP and private lists
Sanctions List Distribution
Sanctions List Monitor
Get alerts and standardised content updates whenever sanctions lists change
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About Swift’s sanctions compliance solutions
Sanctions solutions were the natural starting point for Swift’s compliance services portfolio. Their success demonstrates the efficacy of Swift’s hosted services model.
Our innovative service provides over 700 small and mid-sized institutions with simple, cost-effective transaction screening. We have added Name Screening as a complementary solution – meaning we have your screening needs covered.
If you already have transaction, PEP or name screening filters in place, we can help you optimise their performance. Sanctions Testing is used by the world’s largest banks and leading insurers make sure their filters are working correctly – and demonstrate this internally and to overseers.
With the help of Swift and our filter supplier, we’ve reduced our customer screening filter alerts by 40 percent, and alerts for our main payment screening filter by 60 percent.