Verafin's Sanctions Screening & Management solution is designed to help financial institutions comply with sanctions regulations by providing a comprehensive, all-in-one platform for screening and managing sanctions-related activities.

Key Features

Advanced Analytics Utilizes targeted analytics to enhance evidence and provide high-quality results.

• Reduces false positives
• Increases accuracy

Automated Watchlist Updates Automatically updates watchlists to ensure compliance.

• Keeps data current
• Reduces manual effort

Integrated Case Management Allows for the creation and management of cases within the platform.

• Tracks investigations
• Documents decisions

Benefits

Reduced False Positives Minimizes the number of false alerts through advanced analytics.

• Saves time
• Increases efficiency

Increased Efficiency Automates evidence gathering and watchlist updates.

• Speeds up investigations
• Strengthens compliance

Enhanced Audits & Examinations Provides detailed auditing and sensitivity testing tools.

• Improves confidence in compliance
• Supports regulatory requirements