Video on best practices for selecting a name-screening software

Name screening is one of the most crucial steps of the customer due diligence process. Under name screening, one needs to check:

Whether the customer is present in any sanctions list
Whether the person is PEP
Whether there are any adverse media against the person

However, performing name screening manually is a next-to-impossible task. So, it’s better to switch to name-screening software that automates the complete name-screening process.

So, how would you select one?

In this video, we discuss the must-have features of name-screening software, such as the ability to cover a maximum number of sanctions lists, seamless alignment with your company’s enterprise-wide risk assessment, and high accuracy.

Explore each feature in detail by going through the video.

Chapters:

0:00 Introduction on Best practices for selecting a name screening software
0:23 Initials process of selecting a name screening software
1:04 Scalability required to select a name screening software
1:50 Checking customization and integration capability while selecting a name screening software
2:16 Other important points required to select a name screening software
2:44 Conclusion and regards

Best Practices For Selecting A Name Screening Software

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Video on best practices for selecting a name-screening software