Optimise sanctions compliance with pinpoint precision

Our unique shared services approach can help you standardise and optimise your screening processes in line with market practice.

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.

Our solutions

Product

Sanctions Screening

Rest assured. Our managed Sanctions Screening service has transaction screening covered

Product

Name Screening

Supporting effective sanctions compliance by screening single names against sanctions, PEP and private lists

Product

Sanctions Testing

Independent quality assurance for your sanctions filters

Product

Sanctions List Distribution

SWIFT’s Sanctions List Distribution saves you the work of sourcing, updating, validating and formatting the most commonly used public sanctions lists.

Product

Expert Consultancy

Strengthen your compliance environment with the help of our team of experts

Product

Sanctions List Monitor

Get alerts and standardised content updates whenever sanctions lists change

Want to know more about sanctions compliance?

Here’s everything you need to get started.

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.

Launched in 2012, Sanctions Screening provides over 700 small and midsized institutions with simple, cost-effective transaction screening. Now, we’ve 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.

Richard Moore
Managing Director and Group Head of Financial Crime & Security Services, DBS