Take the effort out of sanctions screening
Fusion Screening means fewer false positives and easier compliance
Meeting the challenge of AML compliance
AML compliance is tough and getting tougher. It means meeting variety of local, national and international anti-money laundering regulations, and managing 1,000+ blacklists while ensuring a smooth payment transaction flow.
And it’s even harder if, like many organizations, you still use manual systems to search billions of transactions to find the ones that need scrutiny.
Finastra’s compliance filter solution, Fusion Screening, helps customers meet the requirements of multiple national and international embargo and anti-money laundering laws. It checks messages against various embargo lists, automatically and in real-time. Messages caught in the filter are blocked and will not reach the banking or payment traffic system without manual approval, ensuring that questionable transactions can be stopped before they are processed. Controlled AML compliance filter operations considerably increase filter quality and reduce the rate and associated costs of 'false positives', scanning client data against sanction and PEP lists.
Fusion Screening can be integrated with an organization’s existing payments and cash management infrastructure, or be provided as a unified solution with Finastra’s global payments and global treasury solutions. It can be delivered as a customized on-premise solution or a multi-tenant hosted solution, further saving time, money and reducing risk.