Compliance

Management Tools

Our Partner:

Pythagoras Ltd.

 

Transaction Screening (TS)

Real-time pre-clearing transaction screening enables the identification and management of all parties involved in payments. Pythagoras Transaction Screening compares the payment information against a predefined set of reference data of your choice. The learning system remembers recurring parties but will continue to monitor them for changes in the reference data. Our solution ensures that every hit only needs to be processed once and includes special rules to screen any remittance text.

Key Benefits of Transaction Screening

  • Pre-Clearing screening, resolution can be made before payment

  • Memorizing of decisions - no rescreening of reoccurring counterparties necessary

  • Fully transparent screening rules, configurable according to your compliance and regulators requirement

  • Precised screening results through management of black- and white lists

  • Deployed solution ensures data security

  • Screening for further categories as vessels, ports, dual use goods

  • Different treatment of outgoing and incoming transactions possible

Key Features Transaction Screening

 

Instant Payment Screening System

New module for time critical transaction screening. Enables to screen online, mobile or fast-payment transactions immediately in less than a second (instead of a few seconds in batch processing).

  • Counterparties get screened instantly against the reference data

  • Workflow to process rejected payments with option to clear them for next time

  • Parallel processing of high volumes of transactions

  • Fine tuning of screening rules for precise results

  • Supports multiple sources of external and internal reference data

  • Processing of various SWIFT or other payment message formats possible

  • Flexible configuration of screening rules and filters (Sanction and OFAC lists, PEP screening etc.)

  • Screening rules for name information and remittance text can be configured separately, for better results.

  • High performance and speed through regular pre-screening of known counterparties

  • Recognizes Chinese Commercial Code or Passport Numbers

  • Multiple Languages for user interface

 

Partner Screening (PS)

Pythagoras Partner Screening ensures efficient detection and steady monitoring of business relationships with high-risk persons or entities. It automates background checks against reference data of your choice and monitors for updates, enabling your compliance team to concentrate on case management. The native character screening capability supports global deployment while meeting local needs.

Key Benefits of Partner Screening

  • Deployed solution ensures data security

  • Advanced screening engine reduces false positives

  • Configurable and transparent screening rules fit every jurisdiction

  • Supports risk-based approach for KYC

  • Best practice case management work flow and decision process

  • Short implementation period and easy to use

  • Complete audit trail and tamperproof history

  • Powerful report tools for regular and ad-hoc reports

Key Features Partner Screening

  • Supports multiple sources of external and internal reference data such as  Refinitiv World-Check, Dow Jones Factiva, Wealth-X, SOGC

  • Automated data updates and batch screening overnight

  • Flexible configuration of screening rules (Sanction, OFAC, PEP etc.)

  • Native character name screening

  • Manual ad-hoc screening option

  • Maker-Checker function for all decisions possible (4-eye-principle)

  • Highlighting of secondary criteria matching

  • Scalable from single user to multinational deployment

  • Multiple languages for user interface

 

Native Character Screening

Integrated ability to screen names in non-latin characters for more precise results, avoiding ambiguous transliteration. This helps to meet local needs, especially in Asia, and enables global deployment.

  • Supports over 30 native scripts, among them:

  • Chinese (simplified and traditional), Japanese, Korean, Cyrillic, Arabic, Thai and more

  • Recognizes Chinese Commercial Code

  • Allows individual settings for each native character script

  • Comments and remarks can be entered in native character script

 

Pythagoras Name Check

Optional module that enables a web-browser based ad-hoc name search function to be distributed to a large group of users within your organization's intranet.

  • Allows a quick and zero-footprint search at multiple locations (e.g. door access, customer service counters)

  • Selection of several reference data sources possible

  • No need to manage client PC installations or user management

  • Easy and intuitive to use with any standard web-browser

  • Search threshold and secondary identifiers can be used to narrow or widen results

  • View and print report function available

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