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. 

Discover our new info paper

Learn about the implications of new DFS requirements to test and certify transaction filtering systems, and the potential for banks to develop ongoing review programmes that enhance processes and create business efficiencies

Is your sanctions filter working?

A panel of industry experts discuss how regular sanctions testing and tuning can help you achieve compliance peace of mind.

Transaction filtering, systems testing and annual certification: driving business benefits

New certification requirements provide the potential for developing ongoing review programmes that enhance processes and create business efficiencies.

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
News

SWIFT announces new security tool to strengthen customer fraud controls

Helping customer detect fraudulent payments

Document centre

Latest document update

Sanctions Testing testimonial video – Credit Suisse

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Last update: 
28 October 2016

Daniel Fernandez, Global Sanctions Compliance Officer, Credit Suisse talking about SWIFT's Sanctions Testing product.

  • Multimedia
  • Videos
English

Systems testing and annual certification: driving business benefits

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Last update: 
25 August 2016

This info paper outlines implications of new DFS certification requirements, the potential for banks to develop ongoing review programmes that enhance processes and create business efficiencies, and how Sanctions Testing and other SWIFT services can help

  • Compliance Info Papers
English

Sanctions Testing Case Study – DBS

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Last update: 
16 June 2016

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

  • Collateral
  • Case Studies
English

Optimice sus sistemas y procesos de cumplimiento de sanciones con SWIFT

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Last update: 
20 May 2016

Sanctions Testing proporciona a un importante banco con la garantía de calidad en los filtros de sanciones permitiéndole automatización e implementación de mejores prácticas.

  • Translated Materials
English