Overview

Our Screening product provides a global, real-time system for detecting and monitoring individuals and entities across sanctions lists, watchlists, politically exposed persons (PEPs), and other high-risk registries.
It is designed for organizations operating in regulated industries, ensuring compliance with anti-money laundering (AML) laws, OFAC, EU sanctions, and similar frameworks worldwide.

Beltic Screening combines real-time data ingestion, AI-driven entity matching, and continuous monitoring to help customers stay compliant while minimizing false positives.

Core Capabilities

1. Global Coverage and List Aggregation

Beltic continuously integrates and maintains the latest updates from global and regional authorities, including:

• OFAC (Office of Foreign Assets Control, US)

• EU Consolidated Sanctions List

• UN Security Council Sanctions List

• UK HM Treasury Sanctions List

• PEP and Watchlist Databases

• National and Regional AML Registers

• Prison, Enforcement, and Court Records

All sources are normalized into a unified schema to ensure consistent and accurate matching across geographies and jurisdictions.

2. Continuous Monitoring and Alerts

Screening is not a one-time check — it’s a continuous process.

• Every onboarded entity (individual or business) is enrolled in a persistent monitoring pipeline.

• As new data or sanctions updates are released, Beltic automatically re-evaluates stored entities and triggers alerts if a match or risk update is detected.

• Customers can configure alert thresholds, frequency, and notification channels based on internal compliance policies.

Why it matters:
This guarantees ongoing compliance with minimal operational overhead and ensures that no entity falls through regulatory cracks.

3. Entity Matching and Resolution

Our screening engine uses a multi-layered matching model designed to reduce both false positives and false negatives:

• Fuzzy Matching: Detects partial or transliterated name similarities (useful for multilingual or non-Latin data).

• Contextual Scoring: Evaluates multiple data points — names, birth dates, jurisdictions, and affiliations — to calculate a match confidence score.

• Graph Integration: Cross-links screened entities to related people, businesses, or identifiers for deeper insight.

Why it matters:
Analysts get accurate, context-aware matches, not noisy or redundant alerts.

4. Case Management Integration

Screening results integrate seamlessly with the Case Management product:

• Matches can automatically trigger a new case for compliance review.

• Cases inherit full screening context (entity data, list source, and match confidence).

• Analysts can collaborate, resolve, or escalate matches directly from the unified Beltic platform.

5. Regulatory Alignment and Audit Readiness

• Screening service provides full audit logs for every screening action and alert.

• All entity decisions (approve, deny, or escalate) are timestamped, versioned, and traceable.

• Reports can be exported for compliance audits or regulatory reviews.

• System configuration allows adherence to frameworks such as:

  • FATF Recommendations

  • EU AML Directives (AMLD5/AMLD6)

  • OFAC Sanctions Regulations

  • UK Financial Sanctions Implementation

Example Use Cases

1. Onboarding Compliance

During KYC, a customer’s name and business are screened automatically across all global sanctions and PEP lists.
If a potential match is found, an alert is generated and reviewed instantly by compliance teams.

2. Continuous Monitoring for Regulated Institutions

A bank monitors its entire customer base daily.
When the OFAC list updates, Beltic automatically re-screens all affected entities and flags new matches, providing contextual summaries and confidence scores.

3. Risk Intelligence Enrichment

Compliance analysts cross-reference sanction data with Beltic Graph relationships — discovering hidden connections between entities in different jurisdictions.