Watchlist Management
FacctView - Customer Screening Software for Banks
FacctView - Customer Screening Software for Banks
FacctView - Customer Screening Software for Banks
Customer screening is a critical control in preventing money laundering, sanctions breaches, and financial crime. Banks must verify customer identities, detect high-risk individuals or entities, and ensure ongoing compliance during the full lifecycle of a customer relationship. FacctView is Facctum’s dedicated customer screening solution, designed to deliver fast, accurate, and explainable screening during onboarding and periodic review. It helps banks reduce false positives, improve operational efficiency, and demonstrate strong governance to supervisors.
Why Banks Need Customer Screening Technology
Why Banks Need Customer Screening Technology
Why Banks Need Customer Screening Technology
Banks operate within complex regulatory frameworks that prioritise accurate identification of sanctioned and high-risk individuals. Guidance from global bodies, including the FATF methodology for AML effectiveness and supervisory expectations from the European Banking Authority, emphasise risk-based controls, quality assurance, and explainability. Effective customer screening forms the backbone of AML programmes, allowing banks to make better risk decisions from the outset.
Banks operate within complex regulatory frameworks that prioritise accurate identification of sanctioned and high-risk individuals. Guidance from global bodies, including the FATF methodology for AML effectiveness and supervisory expectations from the European Banking Authority, emphasise risk-based controls, quality assurance, and explainability. Effective customer screening forms the backbone of AML programmes, allowing banks to make better risk decisions from the outset.
Banks operate within complex regulatory frameworks that prioritise accurate identification of sanctioned and high-risk individuals. Guidance from global bodies, including the FATF methodology for AML effectiveness and supervisory expectations from the European Banking Authority, emphasise risk-based controls, quality assurance, and explainability. Effective customer screening forms the backbone of AML programmes, allowing banks to make better risk decisions from the outset.
Operational Challenges Without Effective Screening
Operational Challenges Without Effective Screening
Operational Challenges Without Effective Screening
Banks face significant customer screening challenges when systems are fragmented or rely on outdated matching techniques.
Banks face significant customer screening challenges when systems are fragmented or rely on outdated matching techniques.
Banks face significant customer screening challenges when systems are fragmented or rely on outdated matching techniques.
Banks face significant customer screening challenges when systems are fragmented or rely on outdated matching techniques.
High Volumes and Rapid Onboarding
Digital onboarding requires immediate screening, often at large scale, without introducing friction or delays.
High Volumes and Rapid Onboarding
Digital onboarding requires immediate screening, often at large scale, without introducing friction or delays.
High Volumes and Rapid Onboarding
Digital onboarding requires immediate screening, often at large scale, without introducing friction or delays.
High Volumes and Rapid Onboarding
Digital onboarding requires immediate screening, often at large scale, without introducing friction or delays.
Inconsistent or Poor-Quality Watchlists
If watchlist data is not accurate or properly governed, banks experience inflated false positives and lower detection accuracy.
Inconsistent or Poor-Quality Watchlists
If watchlist data is not accurate or properly governed, banks experience inflated false positives and lower detection accuracy.
Inconsistent or Poor-Quality Watchlists
If watchlist data is not accurate or properly governed, banks experience inflated false positives and lower detection accuracy.
Inconsistent or Poor-Quality Watchlists
If watchlist data is not accurate or properly governed, banks experience inflated false positives and lower detection accuracy.
Limited Context for Risk Decisions
Analysts often lack full information during reviews, which slows investigations and can impact decision consistency.
Limited Context for Risk Decisions
Analysts often lack full information during reviews, which slows investigations and can impact decision consistency.
Limited Context for Risk Decisions
Analysts often lack full information during reviews, which slows investigations and can impact decision consistency.
Limited Context for Risk Decisions
Analysts often lack full information during reviews, which slows investigations and can impact decision consistency.
Audit and Regulatory Expectations
Audit and Regulatory Expectations
Audit and Regulatory Expectations
Audit and Regulatory Expectations
Supervisors expect clear documentation, version control, and reasoning for screening decisions. Manual processes make this difficult to evidence.
Supervisors expect clear documentation, version control, and reasoning for screening decisions. Manual processes make this difficult to evidence.
Supervisors expect clear documentation, version control, and reasoning for screening decisions. Manual processes make this difficult to evidence.
How FacctView Enhances Customer Screening
How FacctView Enhances Customer Screening
How FacctView Enhances Customer Screening
FacctView delivers risk-based, real-time customer screening with strong governance, context, and explainability.
FacctView delivers risk-based, real-time customer screening with strong governance, context, and explainability.
FacctView delivers risk-based, real-time customer screening with strong governance, context, and explainability.
Watchlist Management Integration
Watchlist Management Integration
Watchlist Management Integration
Screening accuracy begins with high-quality data. FacctView integrates directly with FacctList, Watchlist Management to ensure the latest sanctions, PEP, and internal lists are applied consistently.
Screening accuracy begins with high-quality data. FacctView integrates directly with FacctList, Watchlist Management to ensure the latest sanctions, PEP, and internal lists are applied consistently.
Screening accuracy begins with high-quality data. FacctView integrates directly with FacctList, Watchlist Management to ensure the latest sanctions, PEP, and internal lists are applied consistently.
Advanced Matching and Reasoning
Advanced Matching and Reasoning
Advanced Matching and Reasoning
FacctView uses contextual, multilingual matching with configurable thresholds and clear reasoning trails. Every match explains why it occurred, improving both accuracy and analyst confidence.
FacctView uses contextual, multilingual matching with configurable thresholds and clear reasoning trails. Every match explains why it occurred, improving both accuracy and analyst confidence.
FacctView uses contextual, multilingual matching with configurable thresholds and clear reasoning trails. Every match explains why it occurred, improving both accuracy and analyst confidence.
Payment and Behavioural Signals
Payment and Behavioural Signals
Payment and Behavioural Signals
Customer profiles can be enriched with real-time activity through FacctShield, Payment Screening and behavioural insights from FacctGuard, Transaction Monitoring to support risk assessments.
Customer profiles can be enriched with real-time activity through FacctShield, Payment Screening and behavioural insights from FacctGuard, Transaction Monitoring to support risk assessments.
Customer profiles can be enriched with real-time activity through FacctShield, Payment Screening and behavioural insights from FacctGuard, Transaction Monitoring to support risk assessments.
Case Handling and Audit Trails
Case Handling and Audit Trails
Case Handling and Audit Trails
Every screening outcome feeds seamlessly into Alert Adjudication, enabling structured investigations, reasoning codes, and full audit trails.
Every screening outcome feeds seamlessly into Alert Adjudication, enabling structured investigations, reasoning codes, and full audit trails.
Every screening outcome feeds seamlessly into Alert Adjudication, enabling structured investigations, reasoning codes, and full audit trails.
Why Banks Choose FacctView for Customer Screening
Why Banks Choose FacctView for Customer Screening
Why Banks Choose FacctView for Customer Screening
Banks rely on FacctView for its blend of speed, accuracy, and governance.
Banks rely on FacctView for its blend of speed, accuracy, and governance.
Banks rely on FacctView for its blend of speed, accuracy, and governance.
Banks rely on FacctView for its blend of speed, accuracy, and governance.
Real-Time Screening at Scale
FacctView handles large onboarding volumes with low latency, supporting digital channels and multi-jurisdiction operations.
Real-Time Screening at Scale
FacctView handles large onboarding volumes with low latency, supporting digital channels and multi-jurisdiction operations.
Real-Time Screening at Scale
FacctView handles large onboarding volumes with low latency, supporting digital channels and multi-jurisdiction operations.
Real-Time Screening at Scale
FacctView handles large onboarding volumes with low latency, supporting digital channels and multi-jurisdiction operations.
Explainability and Consistency
Explainability and Consistency
Every match includes transparent reasoning. Analysts can understand and validate decisions quickly, reducing operational workload.
Explainability and Consistency
Every match includes transparent reasoning. Analysts can understand and validate decisions quickly, reducing operational workload.
Explainability and Consistency
Every match includes transparent reasoning. Analysts can understand and validate decisions quickly, reducing operational workload.
Explainability and Consistency
Every match includes transparent reasoning. Analysts can understand and validate decisions quickly, reducing operational workload.
Strong Regulatory Alignment
Supervisory expectations from bodies such as the Financial Conduct Authority and the Bank of England prudential supervision framework emphasise clarity, traceability, and strong governance. FacctView supports these expectations with complete auditability.
Strong Regulatory Alignment
Supervisory expectations from bodies such as the Financial Conduct Authority and the Bank of England prudential supervision framework emphasise clarity, traceability, and strong governance. FacctView supports these expectations with complete auditability.
Strong Regulatory Alignment
Supervisory expectations from bodies such as the Financial Conduct Authority and the Bank of England prudential supervision framework emphasise clarity, traceability, and strong governance. FacctView supports these expectations with complete auditability.
Strong Regulatory Alignment
Supervisory expectations from bodies such as the Financial Conduct Authority and the Bank of England prudential supervision framework emphasise clarity, traceability, and strong governance. FacctView supports these expectations with complete auditability.
Integrated Compliance Operating Model
Integrated Compliance Operating Model
FacctView forms part of Facctum’s unified AML ecosystem, connecting list governance, payment screening, monitoring, and adjudication.
Integrated Compliance Operating Model
FacctView forms part of Facctum’s unified AML ecosystem, connecting list governance, payment screening, monitoring, and adjudication.
Integrated Compliance Operating Model
FacctView forms part of Facctum’s unified AML ecosystem, connecting list governance, payment screening, monitoring, and adjudication.
Integrated Compliance Operating Model
FacctView forms part of Facctum’s unified AML ecosystem, connecting list governance, payment screening, monitoring, and adjudication.
Use Cases Tailored to Banks
Use Cases Tailored to Banks
Use Cases Tailored to Banks
Banks apply FacctView across all customer lifecycle stages.
Banks apply FacctView across all customer lifecycle stages.
Banks apply FacctView across all customer lifecycle stages.
Digital Onboarding and ID Verification
Digital Onboarding and ID Verification
Digital Onboarding and ID Verification
FacctView applies instant checks during onboarding, enabling fast account opening while maintaining compliance.
Periodic Review and Refresh Cycles
Periodic Review and Refresh Cycles
Periodic Review and Refresh Cycles
Banks conduct ongoing reviews based on customer risk tier, ensuring continued compliance as profiles evolve.
High-Risk Customer Oversight
High-Risk Customer Oversight
High-Risk Customer Oversight
Enhanced due diligence customers receive deeper screening, supported by behavioural and historical insights.
Cross-Border and Multi-Jurisdiction Screening
Cross-Border and Multi-Jurisdiction Screening
Cross-Border and Multi-Jurisdiction Screening
FacctView ensures consistent screening across different regulatory frameworks and subsidiaries.
Core Capabilities for Customer Screening at Scale
Core Capabilities for Customer Screening at Scale
Core Capabilities for Customer Screening at Scale
FacctView provides operational and governance capabilities needed for enterprise-grade screening.
FacctView provides operational and governance capabilities needed for enterprise-grade screening.
FacctView provides operational and governance capabilities needed for enterprise-grade screening.
Configurable Matching and Thresholds
Configurable Matching and Thresholds
Configurable Matching and Thresholds
Banks can tune thresholds for different risk segments, improving accuracy and reducing noise.
Data Quality and Validation Controls
Data Quality and Validation Controls
Data Quality and Validation Controls
FacctView validates customer data on ingestion to improve match results and reduce unnecessary alerts.
FacctView validates customer data on ingestion to improve match results and reduce unnecessary alerts.
FacctView validates customer data on ingestion to improve match results and reduce unnecessary alerts.
Full Audit Trails and Version Control
Full Audit Trails and Version Control
Full Audit Trails and Version Control
All screening actions, list versions, and decisions are recorded with complete lineage.
All screening actions, list versions, and decisions are recorded with complete lineage.
All screening actions, list versions, and decisions are recorded with complete lineage.
API-First Integration
API-First Integration
API-First Integration
Banks integrate FacctView directly with onboarding systems, CRMs, and core banking platforms using API-based connectivity.
Banks integrate FacctView directly with onboarding systems, CRMs, and core banking platforms using API-based connectivity.
Banks integrate FacctView directly with onboarding systems, CRMs, and core banking platforms using API-based connectivity.
Customer Screening FAQs for Banks
Customer Screening FAQs for Banks
Customer Screening FAQs for Banks
Customer Screening FAQs for Banks
Customer Screening 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 Do Banks Keep Screening Fast During High-Volume Onboarding?
How Does FacctView Improve Accuracy?
What Regulatory Expectations Shape Customer Screening?
How Do Banks Handle Screening Across Multiple Jurisdictions?
How Can Institutions Measure Their Resilience Readiness?
How Do Banks Keep Screening Fast During High-Volume Onboarding?
How Does FacctView Improve Accuracy?
What Regulatory Expectations Shape Customer Screening?
How Do Banks Handle Screening Across Multiple Jurisdictions?
How Can Institutions Measure Their Resilience Readiness?
How Do Banks Keep Screening Fast During High-Volume Onboarding?
How Does FacctView Improve Accuracy?
What Regulatory Expectations Shape Customer Screening?
How Do Banks Handle Screening Across Multiple Jurisdictions?
How Can Institutions Measure Their Resilience Readiness?
How Do Banks Keep Screening Fast During High-Volume Onboarding?
How Does FacctView Improve Accuracy?
What Regulatory Expectations Shape Customer Screening?
How Do Banks Handle Screening Across Multiple Jurisdictions?
How Can Institutions Measure Their Resilience Readiness?
How Do Banks Keep Screening Fast During High-Volume Onboarding?
How Does FacctView Improve Accuracy?
What Regulatory Expectations Shape Customer Screening?
How Do Banks Handle Screening Across Multiple Jurisdictions?
How Can Institutions Measure Their Resilience Readiness?
How Do Banks Keep Screening Fast During High-Volume Onboarding?
How Does FacctView Improve Accuracy?
What Regulatory Expectations Shape Customer Screening?
How Do Banks Handle Screening Across Multiple Jurisdictions?
How Can Institutions Measure Their Resilience Readiness?
Ready to Enhance Customer Screening Across Your Bank?
FacctView helps banks modernise customer due diligence with real-time, explainable, and fully governed screening. Improve risk decisions, reduce operational friction, and strengthen compliance confidence with a unified platform.
Request a Demo
Ready to Enhance Customer Screening Across Your Bank?
FacctView helps banks modernise customer due diligence with real-time, explainable, and fully governed screening. Improve risk decisions, reduce operational friction, and strengthen compliance confidence with a unified platform.
Request a Demo
Ready to Enhance Customer Screening Across Your Bank?
FacctView helps banks modernise customer due diligence with real-time, explainable, and fully governed screening. Improve risk decisions, reduce operational friction, and strengthen compliance confidence with a unified platform.
Request a Demo
Ready to Enhance Customer Screening Across Your Bank?
FacctView helps banks modernise customer due diligence with real-time, explainable, and fully governed screening. Improve risk decisions, reduce operational friction, and strengthen compliance confidence with a unified platform.
Request a Demo
Ready to Enhance Customer Screening Across Your Bank?
FacctView helps banks modernise customer due diligence with real-time, explainable, and fully governed screening. Improve risk decisions, reduce operational friction, and strengthen compliance confidence with a unified platform.
Request a Demo
Ready to Enhance Customer Screening Across Your Bank?
FacctView helps banks modernise customer due diligence with real-time, explainable, and fully governed screening. Improve risk decisions, reduce operational friction, and strengthen compliance confidence with a unified platform.
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
Solutions
Industries
© Facctum 2025