Transaction Screening  

Transaction Screening  

Precision screening for the evolving financial landscape. Experience unrivalled speed and on-demand scalability with frictionless APIs.

FacctShield, Payment Screening Solution
FacctShield, Payment Screening Solution
FacctShield, Payment Screening Solution

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.  

Facctshield 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 solution 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   

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   

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   

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  

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  

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  

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  

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  

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  

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   

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   

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   

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.

Learn how our Transaction Screening solution ensures real-time compliance and security for every transaction

Learn how our Transaction Screening solution ensures real-time compliance and security for every transaction

Learn how our Transaction Screening solution ensures real-time compliance and security for every transaction

Schedule a discovery call today

Schedule a discovery call today

Schedule a discovery call today

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