regulatory compliance
REGULATORY COMPLIANCE WATCH LIST SOLUTIONS
Dynamic Solutions. Superior Results.
WATCHDOG® WATCH LIST SCREENING
THE INDUSTRY’S MOST ADVANCED, EASY-TO-USE AND COST-EFFECTIVE WATCH LIST VERIFICATION
CREATE EFFICIENCIES by checking U.S. & international restricted party watch lists
When it comes to verifying the legitimacy of your customers, you need a solution that both automates and improves your watch list screening efforts. CSI delivers the industry’s most effective solution, combining the latest technology with an advanced search algorithm. Today’s global economy enables companies to conduct business everywhere. The result is a greater burden to ensure your customers are lawful and legitimate through routine scanning of U.S. and international watch lists. Automating the process of screening customers, business partners and other databases against multiple watch lists allows you to:
LEVERAGE ADVANCED MATCHING & disqualification techniques to achieve the most accurate matches possible
• Create efficiencies by checking U.S. and international restricted party watch lists simultaneously • Leverage advanced matching and disqualification techniques to achieve the most accurate matches possible, while minimizing the number of false positives • Provide detailed reports and audit trails for compliance, tracking and auditing purposes
PROVIDE DETAILED REPORTS & audit trails for compliance, tracking & auditing
CSI’s Watch List Screening solutions provide feature-rich functionality and detail that are virtually unattainable through other tools, including the following:
SIMPLIFIED WATCH LIST SCREENING • Quickly and easily screen your data against the latest watch lists, including OFAC’s Specially Designated Nationals (SDN) and Sanctioned Countries lists • Screen name and address data interactively or via automated batch file using sophisticated matching and disqualification techniques, greatly reducing time spent reviewing false positives • Process both domestic and international ACH transactions (IATs) and screen all applicable fields
CSI’S WATCH LIST SCREENING SOLUTIONS WatchDOG® Elite Watch List Screening WatchDOG Elite, CSI’s Software-as-a-Service (SaaS) compliance platform, provides fast deployment and reduces support needs, while requiring no hardware investment and minimal IT involvement. This solution automates watch list screening with robust auditing and reporting features, as well as added components like single lookups to manually input and review matches; perform machine-to-machine searches for transparent integration with your applications; and conduct flat file batch processing. WatchDOG® Elite – IAT Module This module separates potential watch list matching transactions, then reassembles your IAT file to include only non-matching transactions. Non-matching IATs continue in your process, allowing time to perform due diligence on the suspect transactions.
STREAMLINED PROCESS • Ensure compliance with FinCEN 314(a) or user-created lists utilizing the internal watch list option • Create both good and blocked customer lists to simplify ongoing verification and optimize the due diligence process • Use the Customer Data Master (CDM) feature to automatically screen names and addresses when watch lists are updated, providing a full audit trail
ENHANCED REPORTING & COMPLIANCE • Produce detailed reports showing the date, name screened, outcome and who performed the due diligence • Simplify the review and resolve process with multi-list aggregation that reduces scrolling • Utilize the intuitive workflow functionality for case management and audit of possible matches
WatchDOG® Elite – CDM Module The CDM module allows for the automated scheduling of data scanning based on your compliance needs, including when a watch list is updated. WatchDOG® Elite – Controls and Response Module This module fulfills compliance requirements to maintain proper organizational controls of your screening and due diligence processes by providing a reliable way to log, assign, track, investigate and resolve potential matches for audit and reporting purposes. Outsourced Watch List Services CSI’s experienced compliance analyst team reviews potential matches with watch lists, saving your organization time while ensuring compliance. Watch List Check for SalesForce For SalesForce users, this option ensures compliance by screening accounts, contacts and leads with one-click, real-time screening or a batch process on a schedule you define, available on the Salesforce App Exchange.
Computer Services, Inc.
|
888.494.8449
|
csiweb.com
NC_041614_400_V4
Dynamic Solutions. Superior Results.
WATCHDOG® WATCH LIST SCREENING
THE INDUSTRY’S MOST ADVANCED, EASY-TO-USE AND COST-EFFECTIVE WATCH LIST VERIFICATION
CREATE EFFICIENCIES by checking U.S. & international restricted party watch lists
When it comes to verifying the legitimacy of your customers, you need a solution that both automates and improves your watch list screening efforts. CSI delivers the industry’s most effective solution, combining the latest technology with an advanced search algorithm. Today’s global economy enables companies to conduct business everywhere. The result is a greater burden to ensure your customers are lawful and legitimate through routine scanning of U.S. and international watch lists. Automating the process of screening customers, business partners and other databases against multiple watch lists allows you to:
LEVERAGE ADVANCED MATCHING & disqualification techniques to achieve the most accurate matches possible
• Create efficiencies by checking U.S. and international restricted party watch lists simultaneously • Leverage advanced matching and disqualification techniques to achieve the most accurate matches possible, while minimizing the number of false positives • Provide detailed reports and audit trails for compliance, tracking and auditing purposes
PROVIDE DETAILED REPORTS & audit trails for compliance, tracking & auditing
CSI’s Watch List Screening solutions provide feature-rich functionality and detail that are virtually unattainable through other tools, including the following:
SIMPLIFIED WATCH LIST SCREENING • Quickly and easily screen your data against the latest watch lists, including OFAC’s Specially Designated Nationals (SDN) and Sanctioned Countries lists • Screen name and address data interactively or via automated batch file using sophisticated matching and disqualification techniques, greatly reducing time spent reviewing false positives • Process both domestic and international ACH transactions (IATs) and screen all applicable fields
CSI’S WATCH LIST SCREENING SOLUTIONS WatchDOG® Elite Watch List Screening WatchDOG Elite, CSI’s Software-as-a-Service (SaaS) compliance platform, provides fast deployment and reduces support needs, while requiring no hardware investment and minimal IT involvement. This solution automates watch list screening with robust auditing and reporting features, as well as added components like single lookups to manually input and review matches; perform machine-to-machine searches for transparent integration with your applications; and conduct flat file batch processing. WatchDOG® Elite – IAT Module This module separates potential watch list matching transactions, then reassembles your IAT file to include only non-matching transactions. Non-matching IATs continue in your process, allowing time to perform due diligence on the suspect transactions.
STREAMLINED PROCESS • Ensure compliance with FinCEN 314(a) or user-created lists utilizing the internal watch list option • Create both good and blocked customer lists to simplify ongoing verification and optimize the due diligence process • Use the Customer Data Master (CDM) feature to automatically screen names and addresses when watch lists are updated, providing a full audit trail
ENHANCED REPORTING & COMPLIANCE • Produce detailed reports showing the date, name screened, outcome and who performed the due diligence • Simplify the review and resolve process with multi-list aggregation that reduces scrolling • Utilize the intuitive workflow functionality for case management and audit of possible matches
WatchDOG® Elite – CDM Module The CDM module allows for the automated scheduling of data scanning based on your compliance needs, including when a watch list is updated. WatchDOG® Elite – Controls and Response Module This module fulfills compliance requirements to maintain proper organizational controls of your screening and due diligence processes by providing a reliable way to log, assign, track, investigate and resolve potential matches for audit and reporting purposes. Outsourced Watch List Services CSI’s experienced compliance analyst team reviews potential matches with watch lists, saving your organization time while ensuring compliance. Watch List Check for SalesForce For SalesForce users, this option ensures compliance by screening accounts, contacts and leads with one-click, real-time screening or a batch process on a schedule you define, available on the Salesforce App Exchange.
Computer Services, Inc.
|
888.494.8449
|
csiweb.com
NC_041614_400_V4
