SafeWatch Screening provides financial institutions with an intelligent, all-in-one platform designed to combat financial crime effectively. It addresses critical challenges such as manual processes, delayed list updates, and fragmented workflows that often create costly blind spots in financial crime detection. The software offers real-time blocking and efficient batch screening capabilities without disrupting ongoing operations, enabling organizations to monitor transactions and block suspicious activity instantly. The platform helps financial institutions meet national and international compliance standards, including FATF Recommendation 16, OFAC, and EU anti-money laundering directives, with confidence. It simplifies workflows through a user-friendly interface and streamlines alert handling with centralized management and integrated detection tools. By leveraging automation and a unified screening interface, SafeWatch Screening significantly reduces compliance costs and operational effort. Its AI-driven analytics minimize false positives, reducing alert fatigue and improving case prioritization, while customizable reporting and historical traceability enhance visibility and audit readiness. SafeWatch Screening monitors all financial traffic across multiple message formats, including SWIFT, SEPA, XML, and Fedwire, from a single, easy-to-use web interface. It detects potential criminal behavior by screening transactions, databases, customer profiles, and messages against an unlimited number of watchlists. The system's continuous updates ensure adaptability to evolving rules and regulations, maintaining compliance with national and international standards. Trusted by leading financial institutions worldwide, including major global banks, SafeWatch Screening provides a central monitoring point for all financial traffic, consolidating compliance efforts and streamlining internal workflow processes.

Features & Benefits

• Online and Offline Transaction Screening
  • Provides comprehensive protection by effectively monitoring all financial traffic across various message formats, whether online or offline.
• Blockchain-Driven Real-Time Sanction List Updates
  • Utilizes the ChainFeed component, powered by blockchain technology, to automatically update sanction lists in real time, thereby minimizing manual effort and reducing the risk of delays, errors, and fraud.
• AI-Driven False Positive Reduction
  • Incorporates Decision Replay, which learns from previous assessments for streamlined future screening, alongside Smart SWIFT Fields Interpretation, Good Guys (White Lists), and List Set Rank features to significantly improve operational efficiency by reducing the need for manual input.
• Multi-Service, Scalable Microservices Architecture
  • Features a modular design that allows institutions to scale specific services based on their needs, enabling customization of modules to meet unique compliance requirements and transaction volumes.
• ISO 20022 Message Format Compatibility
  • Includes an ISO 20022 module that supports and updates ISO 20022 messages with ease, ensuring continuous compliance even as standards and message formats evolve.
• Detection Management with Maker/Checker Workflow
  • Implements a 4-Eyes Detection Management and Approval Module, which establishes a maker/checker workflow for transaction review, creating a documented approval chain for enhanced control and accountability.
• Easy Integration with Other Compliance Tools
  • Integrates effortlessly with existing infrastructure, including payment hubs like Eastnets PaymentSafe, to improve compliance without causing any downtime.