Transaction Screening
Precision screening for the evolving financial landscape. Experience unrivalled speed and on-demand scalability with frictionless APIs.
Financial crime compliance solutions have struggled due to changing consumer behaviours, coupled with product innovation and the emergence of new market players. Existing transaction screening solutions are falling short in terms of speed, scalability, and managing cross-jurisdictional screening requirements.
Financial crime compliance solutions have struggled due to changing consumer behaviours, coupled with product innovation and the emergence of new market players. Existing transaction screening solutions are falling short in terms of speed, scalability, and managing cross-jurisdictional screening requirements.
solutions and benefits
Powered by advanced parallel processing technology, FacctShield ensures lightning-fast risk detection without sacrificing accuracy
Powered by advanced parallel processing technology, FacctShield ensures lightning-fast risk detection without sacrificing accuracy
Powered by advanced parallel processing technology, FacctShield ensures lightning-fast risk detection without sacrificing accuracy
With customisable configurations that seamlessly adapt to diverse risk appetites, our solution sets the standard for next-generation transaction screening solutions
With customisable configurations that seamlessly adapt to diverse risk appetites, our solution sets the standard for next-generation transaction screening solutions
With customisable configurations that seamlessly adapt to diverse risk appetites, our solution sets the standard for next-generation transaction screening solutions
Reduce False Positives through our patented algorithms integrated into our cutting-edge, name-matching technology
Flexible options for Alert Management integrate with your existing system or use it as a standalone product feature
Fewer Alerts and Matches for investigation with our context-driven decision reapplication feature
Rapid Screening at scale with our agile and frictionless APIs, boasting an average latency of just 80 milliseconds
Coupled with FaccList, our purpose-built watchlist data management platform gives you an unparallelled experience
Quick Deployment within 2 to 4 weeks, complemented by exceptional support and training for a smooth transition
Features
Message Formats and Customisation
Over 20+ message formats available, including the new ISO20022 in addition to the existing messaging standard ISO15022 (MT format).
Ability to identify and process paired messages to provide consolidated alerts.
Support for customised formats to meet clients' non-standard requirements.
APIs that support custom payload or full-message parsing.
Message Formats and Customisation
Over 20+ message formats available, including the new ISO20022 in addition to the existing messaging standard ISO15022 (MT format).
Ability to identify and process paired messages to provide consolidated alerts.
Support for customised formats to meet clients' non-standard requirements.
APIs that support custom payload or full-message parsing.
Message Formats and Customisation
Over 20+ message formats available, including the new ISO20022 in addition to the existing messaging standard ISO15022 (MT format).
Ability to identify and process paired messages to provide consolidated alerts.
Support for customised formats to meet clients' non-standard requirements.
APIs that support custom payload or full-message parsing.
Adaptive Automation
Rules that can be configured by the user to control alert spikes, bypass screening, or suppress repeated false positives.
Re-applying decisions based on a context-based configuration helps in the reduction of transaction alerts for investigation.
The feedback loop from alert management to list management, and further to the good guy list, effectively suppresses false positives in subsequent detections.
Context-based configuration to highlight the previous transaction held by compliance as a potential match.
Adaptive Automation
Rules that can be configured by the user to control alert spikes, bypass screening, or suppress repeated false positives.
Re-applying decisions based on a context-based configuration helps in the reduction of transaction alerts for investigation.
The feedback loop from alert management to list management, and further to the good guy list, effectively suppresses false positives in subsequent detections.
Context-based configuration to highlight the previous transaction held by compliance as a potential match.
Adaptive Automation
Rules that can be configured by the user to control alert spikes, bypass screening, or suppress repeated false positives.
Re-applying decisions based on a context-based configuration helps in the reduction of transaction alerts for investigation.
The feedback loop from alert management to list management, and further to the good guy list, effectively suppresses false positives in subsequent detections.
Context-based configuration to highlight the previous transaction held by compliance as a potential match.
Configurability
Sandbox environment with the ability to implement and test rules in production and carry out an impact assessment of configured rules.
Customise reference data screening to include additional fields like BIC, account number, HSN, port of origination, vessel flag, and many more.
Flexibility to choose between Facctum’s Alert management engine or integration with your existing case management.
Configurability
Sandbox environment with the ability to implement and test rules in production and carry out an impact assessment of configured rules.
Customise reference data screening to include additional fields like BIC, account number, HSN, port of origination, vessel flag, and many more.
Flexibility to choose between Facctum’s Alert management engine or integration with your existing case management.
APIs that support custom payload or full-message parsing.
Configurability
Sandbox environment with the ability to implement and test rules in production and carry out an impact assessment of configured rules.
Customise reference data screening to include additional fields like BIC, account number, HSN, port of origination, vessel flag, and many more.
Flexibility to choose between Facctum’s Alert management engine or integration with your existing case management.
APIs that support custom payload or full-message parsing.
Audit Trails and Reporting
Comprehensive audit trail of all screening activities, including search criteria, results, and any actions taken, to ensure transparency and accountability in compliance efforts.
Ability to identify and process paired messages to provide consolidated alerts.
Access 360 reporting and dashboard capabilities to support regulatory and internal compliance monitoring.
APIs that support custom payload or full-message parsing.
Audit Trails and Reporting
Comprehensive audit trail of all screening activities, including search criteria, results, and any actions taken, to ensure transparency and accountability in compliance efforts.
Ability to identify and process paired messages to provide consolidated alerts.
Access 360 reporting and dashboard capabilities to support regulatory and internal compliance monitoring.
APIs that support custom payload or full-message parsing.
Audit Trails and Reporting
Comprehensive audit trail of all screening activities, including search criteria, results, and any actions taken, to ensure transparency and accountability in compliance efforts.
Ability to identify and process paired messages to provide consolidated alerts.
Access 360 reporting and dashboard capabilities to support regulatory and internal compliance monitoring.
APIs that support custom payload or full-message parsing.
Compliance
Watchlist management enters into the spotlight as firms face fresh compliance challenges
Compliance
Watchlist management enters into the spotlight as firms face fresh compliance challenges
Compliance
Russo-Ukrainian War: Transforming sanctions compliance today and tomorrow
Compliance
Russo-Ukrainian War: Transforming sanctions compliance today and tomorrow
Anti-money laundering (AML))
Davos report shows the danger in the interconnected nature of money laundering risk
Anti-money laundering (AML))
Davos report shows the danger in the interconnected nature of money laundering risk
Compliance
Watchlist management enters into the spotlight as firms face fresh compliance challenges
Compliance
Russo-Ukrainian War: Transforming sanctions compliance today and tomorrow
Anti-money laundering (AML))
Davos report shows the danger in the interconnected nature of money laundering risk
Compliance
Is “compliance as a competitive differentiator” helpful or harmful?
Compliance
Watchlist management enters into the spotlight as firms face fresh compliance challenges
Compliance
Russo-Ukrainian War: Transforming sanctions compliance today and tomorrow
Anti-money laundering (AML))
Davos report shows the danger in the interconnected nature of money laundering risk
Compliance