FIS® WatchList Reporter is an advanced risk and compliance solution designed to help financial institutions effectively and confidently meet sanction screening mandates. In the ongoing fight against financial crime, this solution provides a patented, proven approach that enhances match transparency, improves operational efficiency, and facilitates audit and examination reviews. It allows organizations to rely on a targeted strategy to determine precisely why and how matches occur, providing comprehensive evidence to support all decisions.

The software empowers users to become confident in their sanctions screening processes through a targeted strategy backed by proprietary match algorithms, forensic analytics, and advanced filtering methodologies. It optimizes operational costs by eliminating the need for tuning multiple match strategies, significantly reducing false positives, and removing the necessity for whitelisting. WatchList Reporter helps reduce risk by achieving the right risk coverage without compromising result integrity or impacting cycle time. Ultimately, it instills confidence in decision-making by offering a time-tested approach to mitigate regulatory exposure, as well as potential monetary and reputational losses. Furthermore, it extends filtering programs to achieve extended due diligence, detection, and compliance with foreign sanctions mandates, leading to faster decisions and easier compliance.

Features & Benefits

• Confidence in Sanctions Screening: Achieve confidence with a targeted strategy backed by proprietary match algorithms, forensic analytics, and advanced filtering methodologies.
• Optimized Operational Costs: Eliminate the tuning of multiple match strategies, reduce false positives, and remove whitelisting requirements.
• Reduced Risk: Attain the appropriate risk coverage without compromising result integrity or impacting processing cycle time.
• Confident Decisioning: Rely on a time-tested approach to mitigate regulatory exposure and prevent monetary and reputational loss.
• Faster Decisions, Easier Compliance: Extend filtering programs to achieve extended due diligence, detection, and compliance with foreign sanctions mandates.