Watchlist Management
AML List Management Software for Banks
AML List Management Software for Banks
AML List Management Software for Banks
Banks face constant regulatory change and evolving sanctions obligations that make list management a critical part of AML compliance. Facctum’s AML list management software centralises sanctions, PEP, and regulatory lists across all screening systems, ensuring accuracy, transparency, and real-time updates. Built for banks of all sizes, it strengthens control over global data sources and improves screening performance across customer and payment operations.
Join us at Singapore Fintech Festival 2025 and let’s drive the future of compliance together!
Everest Group's Leading 50™ Financial Crime and Compliance (FCC) Technology Providers 2025.
Everest Group's Leading 50™ Financial Crime and Compliance (FCC) Technology Providers 2025.
Join us at Singapore Fintech Festival 2025 and let’s drive the future of compliance together!
Join us at Singapore Fintech Festival 2025 and let’s drive the future of compliance together!
Everest Group's Leading 50™ Financial Crime and Compliance (FCC) Technology Providers 2025.
Join us at Singapore Fintech Festival 2025 and let’s drive the future of compliance together!
Everest Group's Leading 50™ Financial Crime and Compliance (FCC) Technology Providers 2025.
Everest Group's Leading 50™ Financial Crime and Compliance (FCC) Technology Providers 2025.
Join us at Singapore Fintech Festival 2025 and let’s drive the future of compliance together!
Why List Management Matters in Banking Compliance
Why List Management Matters in Banking Compliance
Why List Management Matters in Banking Compliance
Accurate list data underpins every AML control, from customer screening to payment filtering. Outdated or inconsistent lists lead to missed risks or unnecessary alerts that waste investigation time. According to the FATF Recommendations, effective sanctions compliance requires financial institutions to maintain up-to-date data and monitor list changes continuously. Centralised list management provides banks with version control, governance, and faster adaptation to updates from bodies such as OFAC, the UN, and the EU.
Accurate list data underpins every AML control, from customer screening to payment filtering. Outdated or inconsistent lists lead to missed risks or unnecessary alerts that waste investigation time. According to the FATF Recommendations, effective sanctions compliance requires financial institutions to maintain up-to-date data and monitor list changes continuously. Centralised list management provides banks with version control, governance, and faster adaptation to updates from bodies such as OFAC, the UN, and the EU.
Accurate list data underpins every AML control, from customer screening to payment filtering. Outdated or inconsistent lists lead to missed risks or unnecessary alerts that waste investigation time. According to the FATF Recommendations, effective sanctions compliance requires financial institutions to maintain up-to-date data and monitor list changes continuously. Centralised list management provides banks with version control, governance, and faster adaptation to updates from bodies such as OFAC, the UN, and the EU.
Challenges of Manual or Fragmented List Management
Challenges of Manual or Fragmented List Management
Challenges of Manual or Fragmented List Management
Banks often rely on multiple systems, data providers, and manual processes for maintaining AML lists. This creates inconsistencies and slows down operations.
Banks often rely on multiple systems, data providers, and manual processes for maintaining AML lists. This creates inconsistencies and slows down operations.
Banks often rely on multiple systems, data providers, and manual processes for maintaining AML lists. This creates inconsistencies and slows down operations.
Banks often rely on multiple systems, data providers, and manual processes for maintaining AML lists. This creates inconsistencies and slows down operations.
Data Duplication
When lists are stored across departments or applications, duplicates and mismatched records increase false positives and confusion.
Data Duplication
When lists are stored across departments or applications, duplicates and mismatched records increase false positives and confusion.
Data Duplication
When lists are stored across departments or applications, duplicates and mismatched records increase false positives and confusion.
Data Duplication
When lists are stored across departments or applications, duplicates and mismatched records increase false positives and confusion.
Delayed Updates
Manual uploads or slow vendor integrations cause delays between sanctions announcements and their enforcement in screening systems.
Delayed Updates
Manual uploads or slow vendor integrations cause delays between sanctions announcements and their enforcement in screening systems.
Delayed Updates
Manual uploads or slow vendor integrations cause delays between sanctions announcements and their enforcement in screening systems.
Delayed Updates
Manual uploads or slow vendor integrations cause delays between sanctions announcements and their enforcement in screening systems.
Limited Governance
Without version control and audit trails, compliance teams struggle to demonstrate how list changes were managed over time.
Limited Governance
Without version control and audit trails, compliance teams struggle to demonstrate how list changes were managed over time.
Limited Governance
Without version control and audit trails, compliance teams struggle to demonstrate how list changes were managed over time.
Limited Governance
Without version control and audit trails, compliance teams struggle to demonstrate how list changes were managed over time.
High Operational Costs
High Operational Costs
High Operational Costs
High Operational Costs
Manual data curation, quality checks, and synchronisation drain resources that could be used for higher-value compliance tasks.
Manual data curation, quality checks, and synchronisation drain resources that could be used for higher-value compliance tasks.
Manual data curation, quality checks, and synchronisation drain resources that could be used for higher-value compliance tasks.
How Facctum Delivers AML List Management for Banks
How Facctum Delivers AML List Management for Banks
How Facctum Delivers AML List Management for Banks
Facctum’s list management solution automates the ingestion, cleansing, and distribution of AML data across customer and payment screening environments. Built with transparent governance and API-first integration, it gives banks full control over list accuracy and regulatory alignment.
Facctum’s list management solution automates the ingestion, cleansing, and distribution of AML data across customer and payment screening environments. Built with transparent governance and API-first integration, it gives banks full control over list accuracy and regulatory alignment.
Facctum’s list management solution automates the ingestion, cleansing, and distribution of AML data across customer and payment screening environments. Built with transparent governance and API-first integration, it gives banks full control over list accuracy and regulatory alignment.
Automated Ingestion
Automated Ingestion
Automated Ingestion
Lists from regulators and commercial providers are automatically collected, validated, and timestamped to ensure completeness and authenticity. Learn more about Watchlist Management.
Lists from regulators and commercial providers are automatically collected, validated, and timestamped to ensure completeness and authenticity. Learn more about Watchlist Management.
Lists from regulators and commercial providers are automatically collected, validated, and timestamped to ensure completeness and authenticity. Learn more about Watchlist Management.
Version Control and Audit Trails
Version Control and Audit Trails
Version Control and Audit Trails
Each list version is recorded with full change logs, enabling traceability and simplified audit preparation.
Each list version is recorded with full change logs, enabling traceability and simplified audit preparation.
Each list version is recorded with full change logs, enabling traceability and simplified audit preparation.
Real-Time Propagation
Real-Time Propagation
Real-Time Propagation
Updates are pushed instantly to downstream systems, ensuring that customer and payment screening tools always reference the latest data.
Updates are pushed instantly to downstream systems, ensuring that customer and payment screening tools always reference the latest data.
Updates are pushed instantly to downstream systems, ensuring that customer and payment screening tools always reference the latest data.
Data Quality Management
Data Quality Management
Data Quality Management
De-duplication, enrichment, and standardisation functions reduce false positives and improve detection accuracy.
De-duplication, enrichment, and standardisation functions reduce false positives and improve detection accuracy.
De-duplication, enrichment, and standardisation functions reduce false positives and improve detection accuracy.
Why Banks Choose Automated List Management
Why Banks Choose Automated List Management
Why Banks Choose Automated List Management
Banks are shifting from manual spreadsheet-based approaches to automated, explainable list management frameworks that reduce operational effort and regulatory exposure.
Banks are shifting from manual spreadsheet-based approaches to automated, explainable list management frameworks that reduce operational effort and regulatory exposure.
Banks are shifting from manual spreadsheet-based approaches to automated, explainable list management frameworks that reduce operational effort and regulatory exposure.
Banks are shifting from manual spreadsheet-based approaches to automated, explainable list management frameworks that reduce operational effort and regulatory exposure.
Accuracy
High-quality, centralised data ensures consistent results across all AML systems and reduces noise during screening.
Accuracy
High-quality, centralised data ensures consistent results across all AML systems and reduces noise during screening.
Accuracy
High-quality, centralised data ensures consistent results across all AML systems and reduces noise during screening.
Accuracy
High-quality, centralised data ensures consistent results across all AML systems and reduces noise during screening.
Speed
Speed
Automation enables banks to reflect new sanctions within minutes of publication, reducing compliance lag.
Speed
Automation enables banks to reflect new sanctions within minutes of publication, reducing compliance lag.
Speed
Automation enables banks to reflect new sanctions within minutes of publication, reducing compliance lag.
Speed
Automation enables banks to reflect new sanctions within minutes of publication, reducing compliance lag.
Transparency
Every list update is logged with time, source, and approver data, satisfying supervisory audit requirements.
Transparency
Every list update is logged with time, source, and approver data, satisfying supervisory audit requirements.
Transparency
Every list update is logged with time, source, and approver data, satisfying supervisory audit requirements.
Transparency
Every list update is logged with time, source, and approver data, satisfying supervisory audit requirements.
Integration
Integration
APIs connect list management with customer onboarding, payment systems, and case management for complete data flow continuity.
Integration
APIs connect list management with customer onboarding, payment systems, and case management for complete data flow continuity.
Integration
APIs connect list management with customer onboarding, payment systems, and case management for complete data flow continuity.
Integration
APIs connect list management with customer onboarding, payment systems, and case management for complete data flow continuity.
Use Cases for Banks
Use Cases for Banks
Use Cases for Banks
Centralised AML list management enhances accuracy and control across multiple compliance functions.
Centralised AML list management enhances accuracy and control across multiple compliance functions.
Centralised AML list management enhances accuracy and control across multiple compliance functions.
Sanctions Screening
Sanctions Screening
Sanctions Screening
Instantly distribute updated sanctions data across customer and payment systems to prevent prohibited transactions.
Politically Exposed Persons (PEPs)
Politically Exposed Persons (PEPs)
Politically Exposed Persons (PEPs)
Maintain up-to-date PEP databases with source validation and jurisdictional tagging for risk-based review.
Adverse Media Screening
Adverse Media Screening
Adverse Media Screening
Aggregate and normalise open-source data for adverse media checks, ensuring relevance and contextual accuracy. See Customer Screening.
Alert Resolution
Alert Resolution
Alert Resolution
Reduce false positives by ensuring alerts are triggered from consistent, verified data sources. Learn more about Alert Adjudication.
Core Features of Facctum’s AML List Management Software
Core Features of Facctum’s AML List Management Software
Core Features of Facctum’s AML List Management Software
The solution brings together automation, accuracy, and explainability to deliver operational and regulatory confidence.
The solution brings together automation, accuracy, and explainability to deliver operational and regulatory confidence.
The solution brings together automation, accuracy, and explainability to deliver operational and regulatory confidence.
Centralised Repository
Centralised Repository
Centralised Repository
All sanctions, PEP, and regulatory data sources are unified in one governed environment with secure access controls.
Real-Time Synchronisation
Real-Time Synchronisation
Real-Time Synchronisation
Changes propagate immediately to all connected systems, maintaining data consistency.
Changes propagate immediately to all connected systems, maintaining data consistency.
Changes propagate immediately to all connected systems, maintaining data consistency.
Historical Auditability
Historical Auditability
Historical Auditability
Every list change is timestamped and recoverable, ensuring full traceability for supervisors and auditors.
Every list change is timestamped and recoverable, ensuring full traceability for supervisors and auditors.
Every list change is timestamped and recoverable, ensuring full traceability for supervisors and auditors.
Reporting and Insights
Reporting and Insights
Reporting and Insights
Generate detailed management information (MI) to track list usage, source reliability, and update frequency. Explore Payment Screening.
Generate detailed management information (MI) to track list usage, source reliability, and update frequency. Explore Payment Screening.
Generate detailed management information (MI) to track list usage, source reliability, and update frequency. Explore Payment Screening.
AML List Management FAQs for Banks
AML List Management FAQs for Banks
AML List Management FAQs for Banks
AML List Management FAQs for Banks
AML List Management FAQs for Banks
The solution brings together automation, accuracy, and explainability to deliver operational and regulatory confidence.
The solution brings together automation, accuracy, and explainability to deliver operational and regulatory confidence.
The solution brings together automation, accuracy, and explainability to deliver operational and regulatory confidence.
The solution brings together automation, accuracy, and explainability to deliver operational and regulatory confidence.
The solution brings together automation, accuracy, and explainability to deliver operational and regulatory confidence.
How does list management improve screening accuracy?
By maintaining a single, validated data source, banks reduce mismatched records and improve match precision in screening systems.
Can banks automate list updates from multiple sources?
Yes. The platform connects directly to regulatory feeds and commercial providers, validating and distributing updates automatically.
Is centralised list management regulator-approved?
Regulators such as the FCA and EBA expect institutions to have effective data management and auditability — both of which are achieved through centralised, transparent list management.
Can list management integrate with existing screening tools?
Yes. API-first design enables integration with legacy and cloud screening systems to deliver unified control over data accuracy.
How does list management improve screening accuracy?
By maintaining a single, validated data source, banks reduce mismatched records and improve match precision in screening systems.
Can banks automate list updates from multiple sources?
Yes. The platform connects directly to regulatory feeds and commercial providers, validating and distributing updates automatically.
Is centralised list management regulator-approved?
Regulators such as the FCA and EBA expect institutions to have effective data management and auditability — both of which are achieved through centralised, transparent list management.
Can list management integrate with existing screening tools?
Yes. API-first design enables integration with legacy and cloud screening systems to deliver unified control over data accuracy.
How does list management improve screening accuracy?
By maintaining a single, validated data source, banks reduce mismatched records and improve match precision in screening systems.
Can banks automate list updates from multiple sources?
Yes. The platform connects directly to regulatory feeds and commercial providers, validating and distributing updates automatically.
Is centralised list management regulator-approved?
Regulators such as the FCA and EBA expect institutions to have effective data management and auditability — both of which are achieved through centralised, transparent list management.
Can list management integrate with existing screening tools?
Yes. API-first design enables integration with legacy and cloud screening systems to deliver unified control over data accuracy.
How does list management improve screening accuracy?
By maintaining a single, validated data source, banks reduce mismatched records and improve match precision in screening systems.
Can banks automate list updates from multiple sources?
Yes. The platform connects directly to regulatory feeds and commercial providers, validating and distributing updates automatically.
Is centralised list management regulator-approved?
Regulators such as the FCA and EBA expect institutions to have effective data management and auditability — both of which are achieved through centralised, transparent list management.
Can list management integrate with existing screening tools?
Yes. API-first design enables integration with legacy and cloud screening systems to deliver unified control over data accuracy.
How does list management improve screening accuracy?
By maintaining a single, validated data source, banks reduce mismatched records and improve match precision in screening systems.
Can banks automate list updates from multiple sources?
Yes. The platform connects directly to regulatory feeds and commercial providers, validating and distributing updates automatically.
Is centralised list management regulator-approved?
Regulators such as the FCA and EBA expect institutions to have effective data management and auditability — both of which are achieved through centralised, transparent list management.
Can list management integrate with existing screening tools?
Yes. API-first design enables integration with legacy and cloud screening systems to deliver unified control over data accuracy.
How does list management improve screening accuracy?
By maintaining a single, validated data source, banks reduce mismatched records and improve match precision in screening systems.
Can banks automate list updates from multiple sources?
Yes. The platform connects directly to regulatory feeds and commercial providers, validating and distributing updates automatically.
Is centralised list management regulator-approved?
Regulators such as the FCA and EBA expect institutions to have effective data management and auditability — both of which are achieved through centralised, transparent list management.
Can list management integrate with existing screening tools?
Yes. API-first design enables integration with legacy and cloud screening systems to deliver unified control over data accuracy.
Ready To Strengthen AML Data Integrity?
Facctum helps banks automate AML list management to improve compliance accuracy and responsiveness. Consolidate data, reduce manual work, and stay ready for every regulatory update.
Request a Demo
Ready To Strengthen AML Data Integrity?
Facctum helps banks automate AML list management to improve compliance accuracy and responsiveness. Consolidate data, reduce manual work, and stay ready for every regulatory update.
Request a Demo
Ready To Strengthen AML Data Integrity?
Facctum helps banks automate AML list management to improve compliance accuracy and responsiveness. Consolidate data, reduce manual work, and stay ready for every regulatory update.
Request a Demo
Ready To Strengthen AML Data Integrity?
Facctum helps banks automate AML list management to improve compliance accuracy and responsiveness. Consolidate data, reduce manual work, and stay ready for every regulatory update.
Request a Demo
Ready To Strengthen AML Data Integrity?
Facctum helps banks automate AML list management to improve compliance accuracy and responsiveness. Consolidate data, reduce manual work, and stay ready for every regulatory update.
Request a Demo
Ready To Strengthen AML Data Integrity?
Facctum helps banks automate AML list management to improve compliance accuracy and responsiveness. Consolidate data, reduce manual work, and stay ready for every regulatory update.
Request a Demo
Protect against compliance failings, and transact with confidence.
Book a demo to find out more.
Protect against compliance failings, and transact with confidence.
Book a demo to find out more.
Protect against compliance failings, and transact with confidence.
Book a demo to find out more.
Protect against compliance failings, and transact with confidence.
Book a demo to find out more.
Protect against compliance failings, and transact with confidence.
Book a demo to find out more.
Protect against compliance failings, and transact with confidence.
Book a demo to find out more.
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© Facctum 2025
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© Facctum 2025
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© Facctum 2025
Everest Group's Leading 50™ Financial Crime and Compliance (FCC) Technology Providers 2025
Join us at Singapore Fintech Festival 2025 and let’s drive the future of compliance together!
Everest Group's Leading 50™ Financial Crime and Compliance (FCC) Technology Providers 2025
Join us at Singapore Fintech Festival 2025 and let’s drive the future of compliance together!
Everest Group's Leading 50™ Financial Crime and Compliance (FCC) Technology Providers 2025
Join us at Singapore Fintech Festival 2025 and let’s drive the future of compliance together!
Everest Group's Leading 50™ Financial Crime and Compliance (FCC) Technology Providers 2025
Join us at Singapore Fintech Festival 2025 and let’s drive the future of compliance together!