Our SAS service has published more than 1,000 sanction updates in the past year in real time often before the regulators publish the updates. We monitor most English language sanctions lists every two minutes to ensure our data is up to date
Regulatory expectations around the world are changing, there is now expectation for a high frequency of testing not only the technology but also ensuring that your lists are up to date with the latest sanction data.
The AML Analytics Sanctions Alert Testing (SAT) service allows you to conduct testing every time the SAS service is updated. Each time an AML Analytics monitored sanctions list is updated, you will be notified immediately and provided with a test in real time to run through your system to validate your lists are up to date.
Each test is made up of the individuals, entities or other sanctions that are affected by the update. By running Sanctions Alert Tests in a timely manner, you will ensure your screening systems are up to date with the very latest sanctions, identify delays with your list provider, narrow down any problems to specific lists or screening systems and have proof of testing for any regulatory examination.
We provide unique and customised data extracts of PEP and sanctions lists which are run against the financial institution’s client screening and payment filtering systems for analysis.
'Sandbox' is an online, web based solution which allows you to create your own bespoke sanctions testing programmes, configurable to suit your individual risk appetite.