Nomentia Compliance Screening

Nomentia Compliance Screening is an automated solution designed to protect businesses from legal, financial, and reputational risks by ensuring all outgoing payments comply with international sanctions regulations. It integrates seamlessly into payment workflows, screening transactions against global sanctions lists and flagging non-compliant payments before execution.

Features

• Automated screening of payment data against international sanctions lists
• Advanced algorithms for partial match detection and name similarity
• Real-time flagging and alerting of non-compliant transactions
• Whitelisting for managing false positives
• Blacklisting for confirmed sanctioned entities
• Continuous monitoring and updates of sanctions lists
• Integration with ERP and treasury systems
• Centralized alert management and review interface
• Audit trail and compliance documentation
• Support for multiple jurisdictions and regulatory frameworks

Capabilities

• Seamless integration into existing payment processes
• Screening of all payment recipients and beneficiaries
• Identification of high-risk entities using intelligent matching
• Efficient management of flagged transactions
• Customizable compliance workflows and escalation paths
• Real-time updates to sanctions databases
• Support for centralized and decentralized payment environments
• Scalable architecture for multinational operations
• Enhanced due diligence and KYC processes

Benefits

• Reduced risk of regulatory penalties and legal exposure
• Improved operational efficiency through automation
• Enhanced trust and reputation with stakeholders
• Protection against negative publicity and contract loss
• Lower remediation and legal costs
• Strengthened internal governance and audit readiness
• Increased confidence in payment compliance
• Harmonized compliance processes across all entities