Sanctions Testing

Independent quality assurance for your sanctions filters

Automated, independent sanctions testing. For better, smarter transaction, customer and PEP screening

As a compliance professional, you need to balance complex demands. Regulators expect banks to maintain strong compliance programmes and demonstrate their effectiveness. The sanctions environment is dynamic, with daily changes to sanctions lists, as well as frequent regulatory and business changes. And, your systems must stop illicit transactions, identify sanctioned customers and PEPs – but let legitimate business continue unimpeded.

Our fully-automated Sanctions Testing product helps you meet these challenges by maintaining full control over your sanctions compliance processes while improving their performance and managing costs:

  • Delivers comprehensive, independent quality assurance of your transaction, customer and PEP filters.
  • Assesses filter models, fuzzy matching and false positives and iteratively improves performance.
  • Ensures lists are correct and up-to-date.
  • Captures, tracks and aligns your risk appetite.
  • Maintains control and fully automates your sanctions testing and tuning.
  • Enables you to compare your filter’s performance against that of peer institutions.

Sanctions Testing uses secure web-based technology. It’s easy to implement and integrate with your screening systems.

Ask about our complementary packaged and tailored services. 

Sanctions filters: the expert guide

Sanctions experts offer three essentials for sanctions compliance, outline a four-step plan for effective model validation, and discuss five key challenges facing sanctions compliance professionals.

Automate filter and list testing to demonstrate compliance and optimise screening performance

Learn how Sanctions Testing is helping major institutions strengthen their screening programmes for transactions, customers and PEPs.

5 questions to ask yourself about your DFS readiness

Driving business benefits from the new certification requirements

DBS optimises sanctions compliance processes with Sanctions Testing

SWIFT service helps leading Asian bank mitigate ‘false positive alerts’ and focus resources on more strategic compliance activities.

Find out more about Sanctions Testing

Let us talk you through the options for sanctions testing

Discover

News

SWIFT’s Sanctions Screening service exceeds 500 customers

Cooperative sees validation of the hosted utility model for compliance services
News

Addressing the unintended consequences of de-risking

New paper provides insights into what banks can do to protect their correspondent connections
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SWIFT announces new security tool to strengthen customer fraud controls

Helping customer detect fraudulent payments

Document centre

Latest document update

Sanctions Testing helps banks strengthen transaction, customer and PEP screening

Download (36.65 KB)
Last update: 
15 June 2017

Sanctions Testing helps major institutions strengthen screening programmes for transactions, customers and PEPs

  • Collateral
  • Case Studies
English

Five questions to ask yourself about your DFS readiness

Download (179.66 KB)
Last update: 
9 June 2017

Five questions to ask yourself about your DFS readiness. New requirements from the New York Department of Financial Services (DFS) provide opportunity to strengthen sanctions quality assurance and testing programmes.

  • Reports
  • White Papers
English

Sanctions Testing Testimonial video - Sberbank

Download (36.28 MB)Play
Last update: 
11 January 2017

Larissa Zalomikhina, Global Head of Compliance at Sberbank, talks about the benefits of using Sanctions Testing.

  • Multimedia
  • Videos
English

Sanctions filters: the expert guide

Download (190.15 KB)
Last update: 
21 December 2016

Sanctions experts offer three essentials for sanctions compliance, outline a four-step plan for effective model validation, and discuss five key challenges facing sanctions compliance professionals.

  • Compliance Info Papers
English