The Problem: Compliance Chaos in a High-Stakes World
As a Chief Compliance Officer or BSA Officer, you face an uphill battle every day. Sanctions screening is slow, complicated, and overwhelmed by false positives, all while regulatory scrutiny intensifies. The challenges are clear:
- Regulatory Complexity: Constantly evolving sanctions lists from OFAC, the EU, and the UK render manual processes inefficient and prone to mistakes.
- Alert Overload: A flood of false positives drains your team’s time, diverting focus from genuine risks.
- Audit Pressure: Regulators demand flawless execution, and your board expects cost-efficient solutions that don’t compromise compliance.
- Relying on outdated tools is no longer an option when the risks, financial penalties, reputational damage, and operational inefficiencies, are this high.
How the AI ranks and disposes of a match
Screening produces potential matches. The work is deciding which ones matter, and evidencing that decision.
Every potential match is scored on genuine risk using name similarity, contextual data, jurisdiction and customer history, and the queue is ordered so the alert that matters sits at the top. Low risk matches are disposed of against criteria agreed with you in advance, each with a recorded reason code. Anything that does not meet those criteria goes to a human.
The logic is deliberately asymmetric. Any uncertainty, any missing critical data, any conflicting information escalates rather than clears. An exact name match is never cleared on the name alone. Vessels are not cleared without IMO evidence. If the system cannot produce a valid decision, the alert stays in the queue for a person rather than falling through to cleared.
If you would rather not work the queue at all, the same engine is available as a managed alert clearing service.
Features and Benefits: Precision, Speed, and Control
Our platform delivers targeted solutions to your pain points, backed by measurable results:
- AI-Powered Automation: A difference you can’t find elsewhere.
- Comprehensive Coverage: You need it, we have it.
- Superior Accuracy: Don’t let the bad guys slip through the cracks.
- Scalable & Flexible: Fine tune to your institution’s needs, big and small.
- Lower Costs: Reduces reliance on bloated tech stacks and overworked staff.
- Audit-Ready Insights: Provides real-time data to keep regulators off your back.
- Time Savings: Frees your team from repetitive tasks for higher-impact work.
From Overwhelmed to in Control
Sidestepped hefty penalties and turned compliance into a strategic asset. Operate with confidence and sleep better tonight with the help of Global RADAR.
Take Action: Secure Your Institution’s Future
You’re tasked with safeguarding your organization’s integrity in an increasingly complex world. With Global RADAR’s AI-Powered Platform, you gain a partner that simplifies compliance, mitigates risk, and empowers your leadership. Reach out now to discover how we can help you conquer regulatory challenges and protect what matters most.
Highlights & Benefits of the Artificial Intelligence capabilities
- Reduction of false positives resulting in immediate cost savings
- Improved matching capabilities
- Enhanced utility to speed up process of millions of records
- Increase the accuracy of alerts generated
The First Artificial Intelligence Platform for AML Screening
- Screening against OFAC sanctions, adverse media, and PEP lists
- Search Corporate Registries for ownership details
- Customizable negative news and adverse media searches
- Exclude search terms to reduce false positives
- Real time screening through manual data entry or batch processing
- Automatic information extraction and screening from PDF files
- False positive suppression
- Automated Daily list updates
- Real-time screening of transaction details for trade finance, lending, funds transfers and SWIFT messages
- Integration with the email system for automatic notifications on new matches
- Search history and comprehensive audit trail detailing all interactions
- No deployment needed. Sign-up and search!
- Fully responsive, available for mobiles and tablets or via API
- Export, share, and print search results directly from mobile devices
Sanctions Screening FAQ
Yes, Global RADAR is sanctions screening software built for banks, broker-dealers, MSBs, FinTechs, and global financial institutions. It screens against OFAC, EU, UN, HMT, and 1,400+ sanctions lists in real time, applies AI ranking to cut false positives, and gives compliance teams the audit trail examiners expect.
Most legacy sanctions screening software floods analysts with low-confidence matches, forcing them to manually clear thousands of irrelevant hits. Global RADAR ranks every alert by genuine risk, considering name similarity, context, jurisdiction, and customer history, so the top of the queue is always the alert that matters. Less work, fewer missed matches.