SANDBOX

'Sandbox’ is an online, web based solution which allows you to create your own bespoke sanctions testing programmes, configurable to suit your individual risk appetite.

SANDBOX - YOUR OWN ANALYTICS LABORATORY

As the world leader in the analysis of automated screening solutions within the regulated sector, AML Analytics have an innovative product in addition to, and in support of our unique ‘Analyser’ software tool and ‘Global Benchmark’.

Demonstrating sanctions compliance needn’t be a compliance officer’s nightmare. The deployment of online analysis demonstrates knowledge and identifies needs with an automatic audit trail and actionable insight.

You will receive the sanction list updates you need to be aware of to ensure on-going compliance. In addition to HM Treasury, OFAC SDN and non-SDN, UN and EU, we continuously monitor all significant English language lists around the world.

Utilising ‘Sandbox’ enables you to test your system configuration with multiple settings and algorithmic possibilities; providing a myriad of alternatives that allow you to be thorough and exacting, thus creating individual sanction source testing and downloadable automated tailored reports.

When used correctly Sandbox is one the most powerful tools a compliance officer can have. Not only are you aware of your screening systems strengths and weaknesses but it can help you prevent the unnecessary from happening.

By subscribing to the ‘Sandbox’ service, it allows you to narrow your requirements and to create a structured rules based approach to your ongoing compliance.

WHY IS SANCTIONS SCREENING SO COMPLICATED?

More than 90 sanctions lists globally
40,000 plus names and aliases on global sanctions lists that are constantly updated
An infinite number of possible fuzzy logic combinations
On 5 June 2013 Australia made 795 changes to their DFAT list in a single update
Between 2011 and 2013 OFAC issued 64 civil penalties and enforcements, totalling more than US $1,36 billion

ADDITIONAL FEATURES
GLOBAL BENCHMARK GLOBAL BENCHMARK

GLOBAL BENCHMARK

We provide unique and customised data extracts of PEP and sanctions lists which are run against the financial institution’s client screening and payment filtering systems for analysis.

CUSTOM TESTING CUSTOM TESTING

CUSTOM TESTING

We offer a range of services to suit your specific requirements, including ‘risk adjusted’ scoring, custom test data, multiple threshold and periodic sample testing.

SANCTIONS ALERT SERVICE SANCTIONS ALERT SERVICE

SANCTIONS ALERT SERVICE

When you subscribe to AML - SAS, we will notify you via email or Twitter, 24 hours a day, globally, whenever new individuals and entities are added, removed or changes are made to sanctions lists around the world.

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"In the long-term, regulators are not likely to accept one-off effectiveness checks and expect ongoing assurance programs on all aspects of a firm’s program" KPMG Global Anti-Money Laundering Survey 2014