Sanctions compliance is important to ensure your business is not supporting illegal or prohibited activities such as money laundering, terrorist financing or other types of financial crimes. However, finding the right solution can be difficult.

There are some important aspects to consider when selecting screening technology

Does the solution provide relevant, local data sources in the right jurisdictions?

Is the product reliable in detecting matches and false alarms?

Is the solution user-friendly?

Can the solution be easily integrated into your existing systems and processes?

And is the solution cost-effective?

Avid AML sanctions screening technology is a simple and cost-effective way to detect, prevent and reduce the risk of malicious activity associated with sanctioned entities.

Avid AML simplifies screening by using multi-layered fuzzy logic algorithms to achieve high-quality matches

You can also use information from your customer records, such as date of birth or identification data, to make the alert unique, saving time and money.

With the integrated workflow, your team can more easily manage matches and false positives

Reduce the business risk of non-compliance and try Avid Sanction Screening risk-free for 30 days

For a free trial, go to https://www.avidaml.com/avid-aml-smart-screen.

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