Compliance team using a watchlist and sanction screening solution

Watchlist, PEP and Sanctions Screening Software

Transform your approach to sanctions screening
with Alessa

Transform your approach to sanctions screening with Alessa

Which Screening Solution is Best for Your Business?

We look up names of people and companies to check for Watchlist, Sanctions and PEP risk. We don’t currently do any continual monitoring of existing clients, partners or vendors. We simply type in names to research.

Basic Screening

On Demand, Up to 10K Unique Names, Standard Audit Report

We look up names of people and companies to check for Watchlist, Sanctions and PEP risk. We also may need real-time screening for the new applicants we are onboarding. We currently do, or are considering, doing continual monitoring of our existing clients, partners or vendors.

Standard Screening

On Demand, in real-time, Batch, PEP Scoring, AI insights from Screening History, EDD plug-in

We currently screen over 500,000 unique clients, partners or vendors annually for Watchlist, Sanctions or PEP risk during onboarding or on a continual basis for existing clients. We also screen, or are considering screening, a high volume of payments or transactions for Sanctions risk. We either have a current screening platform that we want to keep, or we are considering looking at a new platform.

Integrated Screening

On Demand, in real-time, Batch, PEP Scoring, AI insights from Screening History, EDD plug-in Watchlists/Sanctions data in API or Datafile formats

Which Screening Solution is Best for Your Business?

We look up names of people and companies to check for Watchlist, Sanctions and PEP risk. We don't currently do any continual monitoring of existing clients, partners or vendors. We simply type in names to research.

Basic Screening

On Demand, Up to 10K Unique Names, Standard Audit Report
Learn More
We look up names of people and companies to check for Watchlist, Sanctions and PEP risk. We also may need real-time screening for the new applicants we are onboarding. We currently do, or are considering, doing continual monitoring of our existing clients, partners or vendors.

Standard Screening

On Demand, in real-time, Batch, PEP Scoring, AI insights from Screening History, EDD plug-in
Learn More
We currently screen over 500,000 unique clients, partners or vendors annually for Watchlist, Sanctions or PEP risk during onboarding or on a continual basis for existing clients. We also screen, or are considering screening, a high volume of payments or transactions for Sanctions risk. We either have a current screening platform that we want to keep, or we are considering looking at a new platform.

Integrated Screening

On Demand, in real-time, Batch, PEP Scoring,
AI insights from Screening History, EDD plug-in
Watchlists/Sanctions data in API or Datafile formats
Learn More
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

For companies that need a low cost, highly reliable solution for typing in the names of people and companies to look for possible Sanctions, Watchlist or PEP risk.

 

Learn More

Perform between 100 – 10,000 unique name searches annually.

 

You will also have a screening audit report to record all your searches.

 

Learn More

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

For companies that need a low cost, highly reliable solution that helps screen new applicants during onboarding, and continually monitors existing clients for Sanctions, Watchlist and PEP exposure.

 

Learn More

Provides a configurable workflow to help aggressively reduce false positives. Comes with our proprietary PEP Scoring module, so that your PEP-related false positives are reduced by at least 50%.

 

Learn More

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

For companies that screen a high volume of clients, partners and vendors for Sanctions, Watchlist and PEP exposure. In addition, you may also screen payments and transactions for Sanctions exposure.

 

Learn More

Provides daily Sanctions/Watchlist/PEP feed via datafile or API delivery method, to be ingested into your current screening platform.

 

  • Can include Alessa’s proprietary PEP Scoring module, to reduce PEP-related false positives by at least 50%

 

Learn More

Complying with sanctions screening requirements can be complex and costly. You need access to updated lists, procedures in place for ongoing screening (including PEPs) and the ability to easily investigate, remediate and report suspicious activity. ​

Alessa’s powerful screening solution allows you to:

 

  • Avoid risky relationships while saving money on your screening data costs
  • Reduce false positives with our new PEP scoring model
  • Leverage Screening Intelligence Dashboards to proactively identify efficiency gains

Key Features

Access to Verified and Relevant Lists

Alessa provides clients access to accurate and timely global coverage of PEPs, watchlists and sanctions to make it easier for you to perform due diligence, comply with regulatory mandates and better manage risks.

 

  • Global Sanctions
  • Sanctions Control and Ownership
  • Politically Exposed Persons
  • Watchlists
  • Adverse Media (For individuals)

Real-Time, Periodic, or Event-Based Screening

Alessa lets you identify high-risk persons and businesses, helping you to better manage risky relationships and ensure compliance. Entities can be screened in three ways:

 

  • On-demand screening allows users to evaluate the risk of an entity by entering their information
  • Scheduled periodic assessments promptly identify changes in risk profiles for the entire customer base
  • Real-time screening allows onboarding and transaction screening systems to assess the risk of an entity, including third parties, in real-time

Monitor for Crypto Exposure

Quickly determine your crypto exposure. Powered by industry leading crypto data providers, Alessa allows you to risk rate your customers’ wallets and risk score virtual asset service providers against a comprehensive list of over 600 crypto exchanges.

Machine Learning and Rules-Based Analytics

Alessa uses machine learning and rules-based advanced analytics to help you detect suspicious transactions that are out of character or exceed the risk tolerance of your organization.

Workflows and Case Management for Flagged Transactions

With a highly configurable workflow module, Alessa facilitates collaborative case management and investigation. Plus, Alessa allows your investigators to search the repository of alerts, cases, comments, etc., for related information to include in the current investigation.

Dashboard and Audit Trails

Alessa tracks all actions taken regarding an alert. With this capability, Alessa can provide extensive reports that enable the effectiveness of the screening process and accompanying investigations to be assessed.

PEP Scoring

Dramatically reduce your PEP related false positives with Alessa’s proprietary PEP scoring solution. Working with an Alessa analyst, you will create a PEP scoring model based on your organization’s risk tolerance, taking into consideration multiple factors such as location, alert type and the PEP’s connections etc. 

Insightful Watchlist and Sanctions Screening Software

Alessa uses current sanction lists, OFAC, law enforcement, PEPs, adverse media, crypto, and your own internal high-risk lists to provide expansive insights into the risks associated with any customer or entity.

How Does Our PEP Scoring Work?

It’s simple.

 

Each night Alessa runs your client list against the latest PEP lists and assigns an updated risk score to any PEP in your database. The PEPs whose scores surpass your organization’s risk tolerance are then highlighted and brought to your team’s attention for investigation.

 

Alessa can either auto-resolve low and/or medium risk PEP alerts or create a separate work queue for lower risk alerts based on your organization’s risk preference.

It’s simple.

 

Each night Alessa runs your client list against the latest PEP lists and assigns an updated risk score to any PEP in your database. The PEPs whose scores surpass your organization’s risk tolerance are then highlighted and brought to your team’s attention for investigation.

 

Alessa can either auto-resolve low and/or medium risk PEP alerts or create a separate work queue for lower risk alerts based on your organization’s risk preference.

How Are PEP Risk Scores Calculated?

Our proprietary scoring model analyzes:

Your Annual Savings

PEP Analysis

Alessa re-analyzes and places a risk score on all PEP records every night.

PEP Score

After analysis, PEPs are categorized into High Risk, Medium Risk or Low Risk categories.

Auto-Resolve

Based on your organization's risk appetite, configure Alessa to auto-resolve medium risk and/or low risk PEPs.

Review

Review non auto-resolved PEPs that have been identified to pose high risk to your business.

PEP Analysis

Alessa re-analyzes and places a risk score on all PEP records every night.

PEP Score

After analysis, PEPs are categorized into High Risk, Medium Risk or Low Risk categories.

Auto-Resolve

Based on your organization's risk appetite, configure Alessa to auto-resolve medium risk and/or low risk PEPs.

Review

Review non auto-resolved PEPs that have been identified to pose high risk to your business.

Industries We Serve

Schedule a Free Demo

Learn how Alessa can help you avoid risky relationships.

 

Book your complimentary demo and see our sanctions and watchlist screening solution in action.

Why Choose Alessa's Sanctions Screening Solution?

Compliance professional using a sanctions screening software

Reduce Screening False Positives and Negatives

 

Sanctions list matches are given a confidence score, and alerts are triggered above a customizable confidence threshold, reducing the time your team spends chasing false positives while enhancing the reliability of your sanctions compliance process.

 

Our sanctions screening software uses AI to ensure accuracy, including natural language processing, neural networks, Markov models, transliteration rules, and word-embedding vectors. 

Compliance professional using a sanctions screening software

Reduce Screening False Positives and Negatives

 

Sanctions list matches are given a confidence score, and alerts are triggered above a customizable confidence threshold, reducing the time your team spends chasing false positives while enhancing the reliability of your sanctions compliance process.

 

Our sanctions screening software uses AI to ensure accuracy, including natural language processing, neural networks, Markov models, transliteration rules, and word-embedding vectors. 

Streamline KYC and CDD Processes

 

Alessa’s on-demand sanctions screening automatically checks customer data against the latest global sanctions lists and other data sources. We flag high-risk customers and generate comprehensive sanctions reports, giving your compliance team the information to make accurate decisions.

 

Alessa minimizes sanctions compliance risk with on-demand sanctions, PEP, and adverse media screening while reducing investigation and compliance costs. 

watchlist screening software
watchlist screening software

Streamline KYC and CDD Processes

 

Alessa’s on-demand sanctions screening automatically checks customer data against the latest global sanctions lists and other data sources. We flag high-risk customers and generate comprehensive sanctions reports, giving your compliance team the information to make accurate decisions.

 

Alessa minimizes sanctions compliance risk with on-demand sanctions, PEP, and adverse media screening while reducing investigation and compliance costs. 

AML Watchlist PEP and Sanctions Screening Software

Quickly Triage Sanctions Watchlist Matches

 

Alessa provides detailed information for each potential match, including aliases, biographies, nationalities, dates of birth, contact information, networks of connections, timelines of significant incidents, and more, depending on the data source.

 

Investigators have the context they need to make quick, informed decisions. Every action is recorded to support future investigations.

AML Watchlist PEP and Sanctions Screening Software

Quickly Triage Sanctions Watchlist Matches

 

Alessa provides detailed information for each potential match, including aliases, biographies, nationalities, dates of birth, contact information, networks of connections, timelines of significant incidents, and more, depending on the data source.

 

Investigators have the context they need to make quick, informed decisions. Every action is recorded to support future investigations.

Screen for Sanctions Compliance Risks Across the Customer Lifecycle

 

Alessa’s sanctions screening software ensures compliance throughout the customer lifecycle with real-time, periodic, event-based, and on-demand sanctions checks. Our comprehensive approach adapts to your needs at every stage, from onboarding to ongoing transaction monitoring, allowing for consistent risk assessments.

sanction screening an existing client
sanction screening an existing client

Screen for Sanctions Compliance Risks Across the Customer Lifecycle

 

Alessa’s sanctions screening software ensures compliance throughout the customer lifecycle with real-time, periodic, event-based, and on-demand sanctions checks. Our comprehensive approach adapts to your needs at every stage, from onboarding to ongoing transaction monitoring, allowing for consistent risk assessments.

AML professional using a Global Watchlist Search Software

Leverage Workflow Automation for Sanctions Investigations

 

Alessa’s user-friendly drag-and-drop workflow module allows compliance teams to tailor workflows to their organization’s needs, including setting response times, outlining escalation steps, and requiring specific information, such as comments, attachments, and root cause indicators.

 

Decisions are communicated instantly to integrated systems, enabling real-time responses, whether proceeding with customer and vendor onboarding, blocking, or releasing transactions.

AML professional using a Global Watchlist Search Software

Leverage Workflow Automation for Sanctions Investigations

Alessa’s user-friendly drag-and-drop workflow module allows compliance teams to tailor workflows to their organization’s needs, including setting response times, outlining escalation steps, and requiring specific information, such as comments, attachments, and root cause indicators.

 

Decisions are communicated instantly to integrated systems, enabling real-time responses, whether proceeding with customer and vendor onboarding, blocking, or releasing transactions.

Choose a Solution That Best Fits Your Screening Needs

We look up names of people and companies to check for Watchlist, Sanctions and PEP risk. We don't currently do any continual monitoring of existing clients, partners or vendors. We simply type in names to research.

Basic Screening

On Demand, Up to 10K Unique Names, Standard Audit Report
Learn More
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

For companies that need a low cost, highly reliable solution for typing in the names of people and companies to look for possible Sanctions, Watchlist or PEP risk.

 

Learn More

Perform between 100 – 10,000 unique name searches annually.

You will also have a screening audit report to record all your searches.

 

Learn More

We look up names of people and companies to check for Watchlist, Sanctions and PEP risk. We also may need real-time screening for the new applicants we are onboarding. We currently do, or are considering, doing continual monitoring of our existing clients, partners or vendors.

Standard Screening

On Demand, in real-time, Batch, PEP Scoring, AI insights from Screening History, EDD plug-in
Learn More
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

For companies that need a low cost, highly reliable solution that helps screen new applicants during onboarding, and continually monitors existing clients for Sanctions, Watchlist and PEP exposure.

 

Learn More

Provides a configurable workflow to help aggressively reduce false positives. Comes with our proprietary PEP Scoring module, so that your PEP-related false positives are reduced by at least 50%.

 

Learn More

We currently screen over 500,000 unique clients, partners or vendors annually for Watchlist, Sanctions or PEP risk during onboarding or on a continual basis for existing clients. We also screen, or are considering screening, a high volume of payments or transactions for Sanctions risk. We either have a current screening platform that we want to keep, or we are considering looking at a new platform.

Integrated Screening

On Demand, in real-time, Batch, PEP Scoring,
AI insights from Screening History, EDD plug-in
Watchlists/Sanctions data in API or Datafile formats
Learn More
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

For companies that screen a high volume of clients, partners and vendors for Sanctions, Watchlist and PEP exposure. In addition, you may also screen payments and transactions for Sanctions exposure.

 

Learn More

Provides daily Sanctions/Watchlist/PEP feed via datafile or API delivery method, to be ingested into your current screening platform.

 

  • Can include Alessa’s proprietary PEP Scoring module, to reduce PEP-related false positives by at least 50%

 

Learn More

We look up names of people and companies to check for Watchlist, Sanctions and PEP risk. We don’t currently do any continual monitoring of existing clients, partners or vendors. We simply type in names to research.

Basic Screening

On Demand, Up to 10K Unique Names, Standard Audit Report

We look up names of people and companies to check for Watchlist, Sanctions and PEP risk. We also may need real-time screening for the new applicants we are onboarding. We currently do, or are considering, doing continual monitoring of our existing clients, partners or vendors.

Standard Screening

On Demand, in real-time, Batch, PEP Scoring, AI insights from Screening History, EDD plug-in

We currently screen over 500,000 unique clients, partners or vendors annually for Watchlist, Sanctions or PEP risk during onboarding or on a continual basis for existing clients. We also screen, or are considering screening, a high volume of payments or transactions for Sanctions risk. We either have a current screening platform that we want to keep, or we are considering looking at a new platform.

Integrated Screening

On Demand, in real-time, Batch, PEP Scoring, AI insights from Screening History, EDD plug-in Watchlists/Sanctions data in API or Datafile formats

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Watchlist and sanction screening is one solution in Alessa’s integrated AML platform. It is powerful on its own, but when used in collaboration with our KYC, transaction monitoring, case management, risk scoring and regulatory reporting solutions, you’ll benefit from:

Daily Updates on Client Risk

Alessa provides you with a comprehensive and daily update on client risk, highlighting clients whose risk scores have surpassed your organization’s risk threshold in the last 24-hours.

A 360° View of Each Client

Alessa 360° provides a complete view of client information and activities, making suspicious activity easier to investigate and resolve.

Expedited Processes and Results

We've streamlined and automated many of the time-consuming AML tasks so you can focus on investigation and the next steps to help keep your establishment compliant.

Latest Insights

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Excellent tool for fraud prevention and risk management

I have worked with Alessa for years because of how useful it is to thoroughly analyze transactions and identify suspicious operations

– Jane Doe, Company ABC

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