Transaction Screening Made Smarter

Ensure every transaction is safe, compliant, and free from risk with cleversoft’s Financial Crime Prevention Suite.

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Why Transaction Screening Matters

Financial institutions are obliged to screen every transaction against (PEP and) Sanctions lists. This ensures that no transaction is processed to or from a sanctioned individual, bank, or organization.

Key transaction details, such as names, originating banks, and other identifiers, are automatically extracted and screened. If a potential match is found, the transaction is blocked until validated.

  • Real-Time Screening: Integrated into payment messaging; transactions are paused until cleared.
  • Near Real-Time Screening: Batch files are screened before entering the payment system; suspicious transactions are filtered out.
  • cleversoft supports both approaches, ensuring full AMLD compliance and operational flexibility.

In addition to PEP and sanctions screening, you can implement custom rules to flag:

  • Transactions above a defined threshold
  • Payments to or from high-risk countries
  • Transactions requiring manual validation by compliance or business teams

This ensures high-risk transactions are identified and reviewed before processing.

  • Full End-User Control Over Rule Configuration: You’re in control, no vendor dependency.
  • Monitoring for Incoming and Outgoing Transactions for PEP and Sanction Lists
  • Keyword Monitoring
  • Real Time or Near Real Time Monitoring
  • Reduced false positives: Thanks to holistic customer profiling
  • Quick and Easy Alert Handling: Enhanced workflow capabilities (e.g.4-eye checks, escalations to compliance)
  • Direct Customer Insight: Immediate access to client details
  • Easy API Integration: Seamless connectivity
  • FIU Reporting: Built-in support for regulatory reporting