Sanction List Screening Compliant and legally watertight

Our sanctions screening solution helps you to comply with EU anti-terrorism regulations with minimal effort. The solution is easily integratable into your business processes and scans your business contacts on a regular basis so you can reliably block any sanctioned persons or associations.

Your challenge

Under European and U.S. anti-terrorism regulations, every company is obliged to carry out complex checks of business addresses against existing sanctions lists. Due to the large number of sanctions lists that are maintained worldwide, a comparison on a manual basis is far too difficult and risk-prone. In addition, many different data sources must be considered for a legally compliant sanctions list scan. In the event of a violation, there are severe penalties, including possible imprisonment. Ideally, your ERP system should always have up-to-date access to restricted party lists and automatically report any suspicious business contacts.

Our solution

Our S-CHECK^® compliance solution for the inspection screening of sanctions lists helps you to prevent any business contacts with sanctioned companies and persons beforehand. The software automatically screens the names and addresses of your business contacts on a regular basis and an update service keeps your restricted party lists permanently up to date. All check results are logged in a legally secure manner and suspicious contacts are entered into your internal blacklists. You can reliably prevent payments, including salaries, rents, loans, and monetary benefits or goods from your company from being used unknowingly for terrorist financing. Without additional expense, you can document that you are fulfilling the legally required due diligence obligations in a lawfully compliant manner at any time.

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Industries

Companies of all sizes and all industries are affected

Irrespective of a company's size, or the marketplace/industry they are trading within, everyone/all companies have to compare every business contact with listed persons, organizations, and institutions on the sanctioned/s lists. Thus, our solution is suitable for any company, regardless of industry and size. It scans not only customers, but also suppliers and staff. This also means different departments should be involved in the screening process besides only the regularly involved export department.

Your advantages

Fast and cost-effective export processing
Smooth communication with customs authorities
Reduction of error-related export delays
Compliant with all current export regulations
Lean processes thanks to seamless easy integration

Functional highlights at a glance

Fuzzy logic for high accuracy

Thanks to sophisticated fuzzy logic with ambiguous search algorithms and freely configurable search profiles, our sanctions list scanning solution has a high hit quality and identifies even vague suspicious cases with deviating spelling. This saves you from having to process similarity hits. Furthermore, the complete auditing of the search results reduces documentation requirements significantly.

Efficient testing and approval workflow

The user interface allows you to perform manual case-by-case checks efficiently. Our solution offers you complete role and rights management for the processing, release, and blocking of addresses. You can define who is automatically informed by e-mail in the event of a suspicious case. In addition to black- and whitelist classification, yellow and orange warning lists are also supported.

Automatic data service for effective sanctions list screening

Our solution accesses all common international sanctions lists by default and keeps them up to date in the background. The Dow Jones Watchlist and customer-specific restricted party lists can also be integrated. Thus, the solution not only improves your compliance in regards to anti-terrorism laws but also your company-specific risk management.

Avoid sanction list violations

Ensure you do not commit felonies, by doing business with sanctioned individuals or assosiactions/companies. Our solution/software automatically compares the names and addresses of your business contacts with current sanctions lists. You will immediately learn about suspicious contacts, and test results are always logged in a legally compliant manner. Schedule a free demonstration and let us show/convince you!

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Interfaces

We offer integration interfaces for seamless incorporation of sanction list scanning for various ERP systems. If your ERP system is not on our list, we will be happy to develop an individual ERP interface for you.

For more extensive integrations an API programming interface is available. If you do not want direct system integration, you can alternatively implement your master data checks via FTP upload, either in csv format or from the user interface of our solution.