NetReveal® Name Screening

Each month, 25,000 entities, including sanctions and politically exposed persons (PEP), are added to the Refinitiv* list, while government agencies release new sanctions lists daily. Efficient and effective compliance teams need to screen against all these lists while detecting true positives, reducing false positives and maintaining control over costs and resources.

NetReveal Name Screening scans against any watchlist, including PEP, adverse media screening, and custom internal lists of individuals. The solution delivers highly accurate alerts and effective risk identification and can be delivered in 12 weeks.

NetReveal Name Screening enables investigators to:

• Respond to regulatory changes in real-time: Integrate new watchlists in as little as 15 minutes and configure them in real-time.
• Reduce false positives and accelerate investigations: Intelligent Event Triage (IET) risk rates and prioritizes alerts based on measures like match strength and historical data, highlighting critical alerts and providing investigators with a prioritized approach to tackling alerts.
• Sharpen screening accuracy and spot hidden risk: Context-aware and intelligent algorithms, such as Weighted Optimal String Alignment (W-OSA), increase matching accuracy by understanding and weighting name variables, such as edit operations (insertion, deletion, substitution). Moreover, the fuzzy matching algorithm can be fine-tuned to the patterns, variations and characteristics of specific datasets for improved precision in identifying potential matches, even when subtle differences are present.

Additional features and capabilities:

• Built in SensaAI for Sanctions: Included as standard in our Name Screening and Transaction Screening solutions, SensaAI combines predictive and generative AI to boost screening accuracy and reduce false positives by 80%
• Entity-focused investigations: Built in entity resolution improves investigator efficiency on average by 30-40% via a single centralized 360° view of alerts relating to a customer or entity.
• Intelligent Event Triage: Driven by continuous learning AI, IET automatically scores and prioritizes L1 alerts, designed to maximise investigator time.
• 98% accuracy rate in identifying true positives
• 30% reduction in false positives
• 2,000+ screening rules
• 350 watchlists in 60+ languages