Sanction list and risk screening automation

Purpose

1. Automate ongoing and batch sanction list screening, risk checks, and compliance verification for coal exporters.

2. Automates regulatory oversight by checking customer, supplier, vessel, and partner data against global sanctions and PEP (politically exposed persons) lists.

3. Support automated alerts, review, and escalation to optimize regulatory audit trails and block risky transactions before shipment.

4. Prevent automatedly onboarding of high-risk entities and ensure automated reporting for compliance audits.

5. Automate documentation and digital logs to create automated evidence of compliance for local and international authorities.

Trigger Conditions

1. New customer or supplier registration or onboarding event.

2. Automated upload of transaction, shipping, invoice, or due diligence documentation.

3. Scheduled batch screening (daily or weekly) of all active partners and trade routes.

4. Regulatory rule changes requiring automatedly re-screening of all records.

5. Automated change in entity information or update in global watchlists.

Platform Variants

1. Refinitiv World-Check One

• Feature/Setting: Use the "Screening API" for automated, real-time compliance checks against sanction lists; sample config involves API key authentication and entity submission.
  

2. Dow Jones Risk & Compliance

• Feature/Setting: Activate "Watchlist Screening API" for automated bulk and single-entity screening with webhook-based alerts.
  

3. LexisNexis Bridger Insight XG

• Feature/Setting: Configure "Batch Screening Upload" and "Real-Time API" for automating vetting and continuous monitoring.
  

4. Acuris Risk Intelligence

• Feature/Setting: Use "Acuris Screening Portal API" automates onboarding and periodic screening workflows.
  

5. RDC (now Moody’s) GRID

• Feature/Setting: Enable "Batch API" for bulk uploads and real-time entity screening against programmatic risk maps.
  

6. ComplyAdvantage

• Feature/Setting: Leverage the "Sanctions/PEP Screening API" automating monitoring and alerting configurations.
  

7. Fenergo

• Feature/Setting: Use the "Screening Module" and "Integration API" to automate KYC and risk onboarding flows.
  

8. NICE Actimize

• Feature/Setting: Activate "ActOne Alerts API" and "Screening Engine" for automated case creation and management.
  

9. Oracle Financial Services Analytical Applications (OFSAA)

• Feature/Setting: Integrate the "Sanctions Screening API" for straight-through processing and workflow automation.
  

10. Thomson Reuters SYNTAX

• Feature/Setting: Configure real-time "Entity Lookup API" for sanction checks at each business event trigger.
  

11. Ondato

• Feature/Setting: Set up the "Watchlist/PEP API" automating verification and escalation flows.
  

12. FICO TONBELLER

• Feature/Setting: Engage the "AML Screening API" for automated checks and periodic re-assessments.
  

13. SAI Global RiskMonitor

• Feature/Setting: Enable "Continuous Monitoring API" for always-on automated screening.
  

14. RiskScreen (KYC Global Technologies)

• Feature/Setting: Invoke "Screening API" with batch triggers for automated onboarding vetting.
  

15. MemberCheck

• Feature/Setting: Use "MemberCheck API" to automate checks and set up rule-based alert automation.
  

16. AML Partners RegTechONE

• Feature/Setting: Configure "Screening Web Services API" to automate PEP & sanctions workflow for every new entity.
  

17. SAS AML

• Feature/Setting: Use the "Sanctions Screening Integration API" for automated inline and periodic checks.
  

18. FINTRAIL Compliance-as-a-Service

• Feature/Setting: API endpoint triggers automatedly for every onboarding action or periodic compliance calendar.
  

19. Polixis ARDIS

• Feature/Setting: Activate the "ARDIS Risk API" for dynamic screening and automated case assignment.
  

20. KROLL Risk Analytics

• Feature/Setting: API-based automated data push and screening for scheduled and event-driven reviews.
  

Benefits

1. Automates the entire sanction screening process for regulatory compliance and risk mitigation.

2. Ensures automated, uninterrupted trade flows by blocking flagged entities in real-time.

3. Reduces human error with automated and auditable workflows.

4. Improves efficiency, automating manual compliance steps and freeing compliance teams.

5. Scales automatedly with business growth, handling any number of screenings.

6. Keeps automated logs and reports for audit and regulatory reviews.

7. Provides automated alerts, enabling swift reaction to elevated risk.

8. Achieves cost savings via automating repetitive and resource-intensive tasks.