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Watchlist Search

Automatically screen your documents against global sanctions and embargo regulations to ensure full compliance and operational security.  

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Elevate Your Screening Accuracy with Our Cutting-Edge Watchlist Module

Overview

The Watchlist Module is designed to enhance the screening and risk assessment processes by allowing users to manage and utilize watchlists effectively. This module helps in identifying and evaluating risks associated with various entities by comparing them against predefined watchlists.

Features and Functionality

The module offers robust watchlist management, allowing users to upload and categorize entries, while integrating with a Risk Calculator to compute risk ratings. It supports detailed screening configurations, enhanced search and normalization for improved accuracy, and automatic document screening using external databases like Dow Jones. Reverse search capabilities and AI-based tools help validate data and reduce false positives, ensuring efficient alert management.

  • Watchlist Management & Risk Integration: Allows configuration of watchlists with sub-types and integrates with a Risk Calculator for accurate risk ratings.
  • Automatic Screening & Search Optimization: Provides enhanced search, normalization, and automatic document screening against subscribed databases.
  • AI-Based Tools & Reverse Search: Uses AI to reduce false positives and includes reverse search for thorough data validation and cross-referencing.

Benefits

The module enhances risk assessment by utilizing predefined watchlists and advanced screening configurations. Its integration with the Risk Calculator streamlines the screening process, improving efficiency. With advanced search and normalization features, it ensures accurate entity identification and evaluation, while the user-friendly admin panel simplifies watchlist management.

  • Improved Risk Assessment: Leverages watchlists for precise entity risk evaluation.
  • Efficient Screening: Streamlined by the Risk Calculator and detailed screening configurations.
  • Enhanced Accuracy & User-Friendly Management: Advanced search reduces errors, and the admin panel allows easy watchlist updates.

Summary

These features collectively enhance the efficiency and reliability of the screening process, making the watchlist module a critical component for organizations that require meticulous data verification and risk management.

OverviewFeatures and FunctionalityBenefitsSummary

How does it work ?

Watchlist Configuration

Watchlists are uploaded which must include two columns: Value and RiskRating. The system utilizes these watchlist contents and identifies specified field values and returning the associated Risk Rating.


Screening Function

Use the RiskCalculator function to identify and search for field values in the watchlist. The function returns the Risk Rating value for the identified entry.

  1. External Screening: TRADE AI can delegate screening tasks to an external system, which performs the screening and sends back the outcomes.
  2. Manual Screening: Users with specific rights can perform manual blacklist screenings and access screening settings to check entities against blacklists.


Evaluation

Based on the identified risk rating, the system evaluates the risk and provides a corresponding outcome, such as a positive or negative result based on predefined thresholds.