Customer Demographic or KYC Info matching in Real-time against Watchlist - useful for BFSI Sector
ScreenCustomer.in is a cloud based Watchlist ‘Name scanning’ bureau service for matching prospective or current customer data with various lists like OFAC, UN Sanctions list, PEP etc as part of Regulatory Compliance, CFT (Combating Financing of Terrorism), KYC (Know Your Customer) and other EDD (Enhanced Due-Diligence) requirements.
COMPLIANCE AND RISK MANAGEMENT
- KYC Screening
- Customer On-boarding
- 3rd party risk screening
- Sanctions Screening
- Politically Exposed Persons (PEP) monitoring
- Special Interest Persons (SIP) screening
- Relatives and close associates (RCA)
- Anti-Bribery and Corruption
- Flexibility and Configurability at UI level - Power to users! Matching Rules can be defined/altered through a simple UI with flexibility to define any kind of rule through Rules & Profiles.
- The tolerance of Matching for a parameter could be different in different rules. Matching Rules would automatically adopt as per attribute available for search.
- Name matching completely defined using tolerance of match (Equal Parts/Initial match with Expanded/One Containing the Other/Each Containing the Other/Allow a MisMatch), Token Match Percentage.
- Best equipped in dealing with achieving all permutations & combinations appropriately adopting to Dow Jones structures through JSON.
- Support of Flags to confine the Search on a particular/set of values of descriptive Parameters
- To consider for data deficiencies, match is performed where data is available. This is achieved with a combination of match with Null & Accept Null
- The customer inputs are appropriately transformed to Match with WL structure
- Criss-cross matching of all Name Types, DOB types, Relation name types, Addresses, City, Zip Code, Identifiers (Passport Number, Driving License Number, Tax Number etc.)
- Date of Birth (DOB) field checked for variations of Day/Month Interchange, +/- 1 Year, Month, Day etc. Year of Birth (YOB) matching where DOB is not captured or not matching
- Can apply match with Null/Accept Null for Unique parameters, thus avoiding false matches
- Integrations - Seamless integration with all major business source systems
- Reports - Customizable reports in xls or in format of your choice