 |
 |
| |
| |
FinScan Licensed is a comprehensive in-house sanctions list and PEP compliance solution that delivers industry-leading matching accuracy and performance — yet is easy to implement and easy to use. |
|
|
| |
Fully Scalable and Customizable
FinScan smoothly integrates with applications across the enterprise to meet all of your compliance screening needs — from processing millions of records quickly and accurately, to running individual checks and providing the results instantly. |
|
|
| |
You can easily customize FinScan's matching parameters, rules and granularity to your organization's compliance requirements and risk thresholds — and adjust them as your needs evolve. |
|
|
|
Customer Data Never Leaves Your Site
As an in-house solution, FinScan Licensed protects the security of your valuable customer information by screening your database without the data ever leaving your site. Individual, online customer look-ups are protected by FinScan's data encryption and SAS 70-certified data processing center. |
|
|
|
Industry-Leading Capabilities and Support |
|
|
|
In addition, like all FinScan compliance solutions, FinScan Licensed offers advanced processing capabilities and a comprehensive compliance package that enhance matching precision and support your internal compliance administration and operations, including: |
|
|
|
Open List Compatibility
FinScan Licensed screens customer records against virtually any suspect, sanctions or do-not-do-business list, and integrates with a broad array of public and third-party PEP lists. |
|
|
|
Data Quality Management that Maximizes
Matching Precision, While Minimizing False Positives
To enhance matching precision, FinScan cleanses, parses and standardizes the data in the 30+ sanctions lists we manage prior to matching. This helps ensure that all screening records are clean and in consistent formats, making match comparisons more efficient and more precise — and minimizing false positives that require costly, time-consuming review. |
|
|
|
Alias Propagation that Reduces False Negatives
As part of our data cleansing process, FinScan identifies the "name" elements within a record — including aliases, nicknames and names contained in other data fields — and propagates those name variations into additional records to be included in the matching process. |
|
|
|
Identifying and matching against such "hidden" names helps prevent the possibility of a false negative — a true match that goes undetected — which exposes the organization to the penalties and negative publicity that could result from non-compliance. |
|
|
|
End-to-End Compliance Service that Saves You Time and Effort
To help relieve you of some of the administrative and operational demands of sanctions list screening and due diligence, the comprehensive FinScan Licensed service also includes: |
|
|
| |
 |
Continual monitoring and updating of more than 30 key sanctions and PEP lists, including the OFAC SDN1 and HM Treasury lists, to ensure that your customers are screened against the most recent and accurate data available |
|
|
|
Our Web-based Case Management Tool that speeds suspect review and electronically provides the information needed to promptly determine which suspect matches can be identified as “safe” — freeing reviewers' time for more productive tasks |
|
|
|
Production of due diligence reports, including audit files that detail the name of the reviewer, the information used in the review process, the results of the investigation and the reasons for the decision reached. |
|
|
|
| |
Proven Data Matching and Data Quality Performance
The advanced data quality and data matching capabilities that drive
FinScan’s screening accuracy are powered by Innovative Systems, Inc. (ISI), an internationally-recognized leader in customer data management that has been serving the needs of global financial institutions since 1968. The performance and precision of ISI's data quality and matching solutions have been proven in thousands of applications for financial services organizations worldwide. |
|
|
| |
 |
|
 |
| |
Learn more ... |
|
| |
Find out how FinScan Licensed can be quickly deployed enterprise-wide to help protect your organization against non-compliance.
|
|
| |
Call 1-800-622-6390 or download a free data sheet here. |
|
 |
|
 |
|
