One-off customised tests designed and created according to specific requirements and corporate risk appetite.

Unique testing solutions

AML Analytics offers bespoke testing for sanction screening systems whereby we will design and create a test according to a customer’s specific testing requirements, a customer’s jurisdiction, and risk appetite in terms of sanction list selection and test record type.

A customer may specify if a screening system’s fuzzy logic matching capabilities are to be tested with the inclusion of different algorithms to manipulate records in the manipulated test file and if a risk adjusted score to amend the result of risk decisions already made should be included. Control test records can also be included to test the pure matching capabilities of a screening system.

Support your own objective

Bespoke testing for sanction screening systems can be carried out to support a specific business objective such as the selection of a new vendor, a screening system upgrade or an internal audit process. Our Bespoke tests will ultimately help a financial institution understand the efficiency and the effectiveness of a sanction screening system.

AML Analytics are able to supply Bespoke tests to assist financial institutions with the fine-tuning of a sanction screening system and also with the testing process of multiple system thresholds.

Test results will be available to view in Analyser Online where you can carry out detailed analysis of results and False Positive rates by viewing test records that have hit and missed in the granular level detail that is now expected by regulators.

Bespoke testing can be arranged on a monthly, quarterly or annual basis as periodic sample testing, or merely as a one-off test.

Our solutions

Cutting-edge RegTech and SupTech testing, validation and risk assessment solutions for financial institutions and regulatory authorities.

Online Risk Based Systems

ORBS (Online Risk Based Systems) is an ingenious new risk framework solution for intelligent reporting and supervision. It has been created to help governments, regulatory authorities and supervisors understand and assess the levels of AML/CFT risk within their jurisdiction.

Learn More

Analyser Online

Analyser Online is our customer communication hub. It provides access to the most advanced hosted testing facility for sanction screening and transaction monitoring system technologies, offering powerful analytics to help our customers understand test results quickly and easily and take remedial action to mitigate financial crime risk.

Learn More

Global Benchmark

Subscribe to Global Benchmark to measure your sanction screening system performance in terms of efficiency and effectiveness and then regularly benchmark your scores to the industry-standard aggregated scores of your peers around the world.

Learn More

Sandbox

Sandbox is a powerful self-assessment tool designed to test the efficiency and effectiveness of your sanction screening system technologies. Sandbox enables firms to create their own sanction screening system tests to suit corporate requirements and risk appetite.

Learn More

Bespoke Tests

If you have a Sandbox subscription with AML Analytics, you will be able to create your own bespoke screening system tests to suit your individual testing requirements and corporate risk appetite.

Learn More

Red Flag Tests

Red Flag Tests is designed to carry out an on-the-spot transaction monitoring system health check by exercising Red Flag rules using Smart Scenarios consisting of millions of rows of synthetic transaction data to mimic the exact transactional patterns of defined money laundering typologies.

Learn More

Transaction Monitoring Validator

TMV (Transaction Monitoring Validator) is an innovative RegTech solution to enable ongoing, frequent validation and testing of a transaction monitoring system in line with current regulatory requirements.

Learn More

Sanctions Alert Service

The free Sanctions Alert Service (SAS) from AML Analytics provides details of real-time updates to important sanction lists worldwide, allowing financial institutions to monitor sanction list changes as they happen.

Learn More

Ready to Talk?

Don’t hesitate to reach out to us.
info@aml-analytics.com
+44 (0) 1264 889 339