CrossFraud® Name (Watchlist) Screening solution provides entity match with diverse watchlists such as sanction lists, high risk list, internal lists, defaulter lists, to name a few.
CrossFraud® Name (Watchlist) Screening solution has been horizontally scaled-up to move beyond limited focus on AML related screening. The solution provides ability to use not only the AML lists like OFAC, PEP, Country FIU watchlists but also diverse watchlists such as sanction lists, high risk countries, high risk merchants, internal lists, defaulter lists, to name a few.
The solution deploys advanced tools like Soundex algorithm for phonetic based matching, easy mapping & import of variety of list types in different formats like txt, csv and xls.
For most of the use cases, the entire cycle of a watchlist starting with download & update, versioning, screening process, alert generation & management and reporting is automated.
