AML Model/Matching Algorithm
- Easily view, edit, deploy, and tailor matching rules
- Configurations that match your risk tolerance - different matching rules for different risk levels, different match rules for different business lines, advanced configuration - fuzzy settings, name order handling, common name variations
- Make changes and test against live conditions before committing
- Explainable and defensible algorithm
Compliance-specific data management
- Standardize, fix data errors, identify hidden names
- Reduced risk, false negatives / positives
Data analysis to inform matching configuration
- Develop business rules based on match analysis of your data against watchlist data - not in the abstract
- Volume of potential matches vs. data completeness
Additional strategies for Improving Match Results
- Individual vs. company match
- Customize match type based on risk type
- Refine list profiles based on targeted risk
- Visibility of the impact and predictability of changes
- Explainability and transparency