Your sanctions screening just broke: managing 50+ data sources without burying your team
UK compliance teams are struggling with over 50 fragmented sanctions lists that require real-time monitoring. The increase in alerts, particularly false positives, is overwhelming and unsustainable. Effective match testing and no-code orchestration can significantly reduce the burden on these teams.
- ▪Compliance teams are facing a 25% increase in entries on sanctions lists, leading to a surge in alerts.
- ▪Daily batch checks are no longer sufficient due to real-time evasion tactics by entities using cryptocurrency.
- ▪Proper testing of match settings can reduce false positives by 50-70%, improving operational efficiency.
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try { if(localStorage) { let currentUser = localStorage.getItem('current_user'); if (currentUser) { currentUser = JSON.parse(currentUser); if (currentUser.id === 3764405) { document.getElementById('article-show-container').classList.add('current-user-is-article-author'); } } } } catch (e) { console.error(e); } Stuart Watkins Posted on May 27 • Originally published at zenoo.com Your sanctions screening just broke: managing 50+ data sources without burying your team #compliance #testing #fintech #sanctions TL;DR: UK compliance teams now face 50+ fragmented sanctions lists requiring real-time monitoring. Without orchestration and proper match testing, alert volumes double overnight.
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