Automated Screening Tools (ASTs) are software solutions designed to streamline and enhance the process of monitoring and analysing financial transactions, customer data, and other relevant information for signs of illicit activity. These tools use algorithms, machine learning, and artificial intelligence to automatically screen transactions, customer profiles, and other data against sanctions lists, politically exposed persons (PEPs) lists, and other risk indicators. 

In the context of Anti-Money Laundering (AML) and financial crime compliance, ASTs are crucial for efficiently detecting and flagging suspicious activities that may indicate money laundering, fraud, or terrorism financing. By automating the screening process, financial institutions can handle large volumes of data, reduce manual errors, and improve the speed and accuracy of their compliance efforts. This proactive approach helps institutions stay compliant with regulations and protects the financial system from abuse.