What is a screening configuration?

Screening configurations enable you to fine-tune searches by defining risk parameters specific to your customer segments. This allows you to apply a risk-based approach to your customer screening. The outcome is a targeted screening process that effectively reduces false positives while maintaining robust oversight.

A screening configuration is a set of search criteria that allows you to target your searches using particular screening lists, alert types and other criteria. For example, you can create configurations that target:

• High-risk jurisdictions.

• Specific sanctions lists, such as those from the Office of Foreign Control Assets (OFAC). 

• High-priority adverse-media alert categories, such as fraud. 

Multiple screening configurations can be set up, so that you can choose the most suitable one when screening a customer. For example, a low-risk customer configuration might be used for screening customers from particular countries, while a high-risk configuration would be used for other countries.