SAMS

SAMS is an AML screening solution used by organizations to streamline and automate their initial screening and ongoing monitoring processes across Sanctions, PEP, and Adverse Media screening. SAMS can also be used to perform the risk rating of customers in line with any organizational strategy.

With growing regulatory expectations and a rapidly evolving legal framework, institutions are faced with the burdensome task of assessing, monitoring and disclosing their AML risk exposure, while managing profitability, SAMS can be integrated with any other solution through its APIs, for additional controls without disrupting the user journey. SAMS combines two of the most critical aspects of a Robust Name Screening Program into a singular solution – an exhaustive database that is updated in real-time and an analytical engine to fetch the most relevant results while reducing false positives.

Benefits:

• Improves compliance with federal & global regulations
• Improves Accuracy and Reduces False Positives
• Boosts efficiency through optimized case management and workflows
• Automates end-to-end screening and monitoring processes
  

Screening Modules:

1. Sanctions Screening: Comprehensive collection of caution lists from all sanctioning bodies, law enforcement agencies, and financial regulators worldwide.
2. PEP Screening: The most granular, global PEP database: covers both Direct and Indirect PEP across all 3 categories – Foreign, International Organizations, and Domestic PEP.
3. Adverse Media Screening: Contextual database finetuned for AML compliance, providing real-time coverage from global as well as regional sources, across multiple major global languages.
4. Customer Risk Rating: Customized risk rating of customers based on their demographic and screening data, updated in real-time based on any changes to customer profile.