What is SAS Real-Time Watchlist Screening?
SAS Real-Time Watchlist Screening is a sanctions and watchlist screening solution that uses AI-driven matching and real-time decisioning to identify potential matches, reduce false positives and help organizations manage compliance risk.
SAS Real-Time Watchlist Screening benefits
Accelerate screening and reduce operational costs
Using advanced algorithms, our holistic matching approach instantly matches all data points – like names, places, dates and IDs. This streamlined process can accelerate matching by up to 100 times, saving you both time and resources.
Reduce false positives with advanced matching
Our advanced fuzzy matching algorithms handle common aliases, transliterations and misspellings, ensuring accurate results and minimizing the hassle of reviewing false positives.
Customize screening scores and parameters
Prioritize the data points that matter most, fine-tuning the matching process to balance true and false positives and boost the overall effectiveness of screening.
Improve name matching across languages and cultures
SAS Real-Time Watchlist Screening uses AI to predict the cultural origin of names across languages and alphabets, enabling culturally aware matching. This improves accuracy when detecting relevant matches for international clients.
Streamline watchlist management
Our advanced list management integrates seamlessly with your existing platforms through standardized REST APIs. This as-a-service offering is highly efficient, minimizes false positives and significantly reduces analyst workload, all while providing a comprehensive, user-friendly experience.
Make secure and transparent screening decisions
Our cloud-native architecture gives you reliable, scalable and secure computing power that meets your business needs, optimizes costs and ensures compliance with evolving regulations.
Key features
Combining AI-driven data matching with real-time decisioning, fast alert triage, case management and operational reporting – all on a cloud-native platform.
Data access, preparation & quality
Access, profile, cleanse and transform data with an intuitive interface that provides self-service data preparation capabilities and embedded artificial intelligence.
Four eyes review
Enhance decision making by having two sets of eyes review critical alerts. This approach reduces errors, ensures regulatory compliance, maintains a clear audit trail and boosts confidence among stakeholders, regulators, clients and internal teams.
Composite scoring & parameter tuning
Assign composite scores using key risk indicators such as match confidence, transaction amount and country risk. Customize and adjust parameters with easy presets to fit your unique needs.
Allow list configuration that uses exceptions
Enforce your policies by granting access based on predefined criteria. This streamlines screening by quickly identifying entities to trust or flag, reducing the need for further analysis.
Private deny list configuration
Keep sensitive information confidential by using a temporary deny list with no trace. This lets you add specific entities not on public watchlists based on internal intelligence, industry needs or client requirements.
Author rules
Deploy rules quickly to respond to emerging threats using SAS coding or an easy drag-and-drop interface. Test thoroughly to ensure they align with your business goals.
Powerful, scalable, secure & accessible architecture
Support isolated tenants and scale effortlessly with our fully cloud-native architecture. Capture auditable actions across the ecosystem, enforce role-based access control and use industry-standard encryption algorithms to ensure security and growth.
Flexible & configurable data orchestration & enrichment
Streamline data integration with our flexible message specification that maps any data into the inbound schema. Featuring an external messaging API, it efficiently manages requests and responses from third-party screening engines on a unified platform, enhancing efficiency and simplifying processes.
Recommended resources
Related products & solutions
- SAS® Financial Crimes AnalyticsModernice su actual solución para prevenir delitos financieros al operacionalizar la IA y el machine learning en la nube.
- SAS® Anti-Money LaunderingAdoptar un enfoque basado en el riesgo para supervisar las transacciones con el fin de detectar actividades de lavado de dinero y financiación del terrorismo.