Sanctions Screening
GSS is an industry-leading sanctions screening platform that helps financial institutions comply with global sanctions regulations. GSS is based on industry-defined standards and uses cloud-native technology to provide a more effective and efficient screening solution.
Financial institutions provide data to GSS, such as transaction data, and GSS returns an alert if there is a match against a sanctions list. Financial institutions remain fully responsible for sanctions compliance, but GSS can help to streamline the screening process. GSS also allows financial institutions to configure the platform to meet their specific risk appetite.
GSS delivers an end-to-end screening solution.
We collaborate with industry-leading partners to deliver a fast, efficient and seamlessly integrated service.
GSS’ sanctions screening capabilities include:
- List management: We acquire public lists and our client’s private lists for the purpose of being used for screening.
- Alert generation: We identify potential sanctions matches.
- Alert disposition: We identify potential false positives sanctions matches.
- Alert investigation: We allow a client’s alert investigation team to manually review alerts.
- Reporting: We provide management information reports.
- Record keeping: We record key information and audit data and provide it to our clients.
The result is a more effective and efficient screening product allowing financial institutions to leverage cloud-native technologies and automation for one of their most important compliance processes
