Anqa AML Smart ScreenAdvanced Sanctions Screening
An intelligent sanctions screening solution designed for emerging markets that dramatically reduces false positives while maintaining robust compliance.
The Sanctions Screening Challenge
Financial institutions in emerging markets face unique challenges when implementing sanctions screening solutions.
High False Positive Rates
Traditional sanctions screening systems generate excessive alerts that overwhelm compliance teams, with false positive rates often exceeding 95%.
Name Variation Challenges
Transliteration issues and naming patterns in emerging markets create additional complications for effective screening.
Resource Constraints
Limited compliance budgets and staff resources make it difficult to handle large volumes of false positive alerts.
Anqa Smart Screen Solution
Our innovative approach combines multiple matching algorithms with contextual analysis to deliver superior results.
Multi-Algorithm Matching
Combines multiple matching algorithms including Levenshtein Distance, Soundex, and Metaphone to catch variations while reducing false positives.
Contextual Analysis
Evaluates additional customer data such as location, date of birth, and nationality to provide context for accurate identity matching.
Customizable Thresholds
Adjustable matching thresholds allow financial institutions to fine-tune screening sensitivity based on their risk appetite.
Real-Time & Batch Screening
Supports both real-time transaction screening and scheduled batch screening of customer databases to ensure comprehensive coverage.
Performance Analytics
Advanced analytics dashboard to monitor screening performance, alert volumes, and resolution metrics.
Comprehensive Audit Trail
Detailed audit logs track all decisions, modifications, and screening actions for regulatory compliance and examinations.
How Anqa Smart Screen Works
Our intelligent screening process ensures accuracy while reducing operational burden.
Data Ingestion & Normalization
Customer and transaction data is standardized and normalized to improve matching accuracy. This includes name parsing, transliteration standardization, and data enrichment.
Multi-Algorithm Screening
Data is processed through multiple matching algorithms simultaneously, including exact matching, fuzzy matching, and phonetic matching techniques optimized for regional naming conventions.
Contextual Analysis
Additional customer attributes are analyzed to provide context and help distinguish between true and false matches. This includes location, date of birth, nationality, and business relationships.
Intelligent Scoring
A proprietary scoring algorithm combines results from multiple matching methods and contextual factors to calculate a final match score, ranking alerts by priority.
Human Review & Decision
High-priority matches are routed to compliance analysts for review through an intuitive interface that presents all relevant information for efficient decision-making.
Continuous Learning
The system learns from historical decisions and feedback to continuously improve matching accuracy and reduce false positives over time.
Business Benefits
Implementing Anqa Smart Screen delivers measurable improvements for your institution.
Time Savings
Reduces alert review time by up to 65%, allowing compliance teams to focus on true risks rather than processing false positives.
Cost Reduction
Lowers compliance operational costs by reducing the need for large teams to handle false positive alerts.
Risk Mitigation
Improves ability to identify true risks by focusing compliance resources on genuine threats rather than false alarms.
Improved Customer Experience
Reduces friction and delays for legitimate customers by decreasing false positive holds on transactions.
Regulatory Compliance
Meets regulatory expectations with comprehensive screening coverage and detailed audit trails for examination response.
Scalability
Easily scales with your business growth without requiring proportional increases in compliance headcount.