Adverse Media Screening

While all three types of screening aim to identify potential criminal risks associated with an individual or entity, adverse media screening differs in terms of scope, approach, and the types of risks it covers.

Adverse media screening has a broader scope, analysing alternative sources such as online news, blogs, and independent journalism to detect negative mentions. In contrast, PEP and sanctions screening primarily focuses on structured data, such as official watchlists and databases.

Adverse media is also more proactive in its approach, it does not rely on updates to official data sources unlike PEP and sanctions. Hence, it is capable of identifying risks much earlier, often before they appear in official databases.

While PEP and sanctions screening target risks related to political exposure and financial crimes like money laundering, corruption, and fraud, adverse media screening covers a wider range of risks. This includes criminal behaviour and reputational risks that may not yet be officially documented but can still pose serious threats to institutions engaging with risky customers or entities.

Our AI-powered solution helps you screen your customers against a vast network of trusted global news and journalism sources, pulling data from leading search engines whenever a potential hit is detected. The solution then leverages advanced natural language processing to analyse and contextualise the content. It filters out irrelevant articles or those without negative media mentions, ensuring only the most relevant articles associated with true adverse media mentions are flagged for review.

Our solution goes beyond the required government databases, sanctions lists, and watchlists. We've partnered with leading data providers and integrated data from leading online search engines to expand our coverage. Additionally, the solution also taps into an extensive network of trusted news outlets and journalism sources across multiple jurisdictions. This ensures thorough comprehensive media coverage, enabling our clients to enjoy a more robust and compliant risk screening.

Yes. Our solution is meticulously designed to align with stringent requirements from key regulatory bodies at the international, regional and national levels, including the Financial Action Task Force (FATF), United Nations (UN), European Union (EU), the US Office of Foreign Assets Control (OFAC), UK His Majesty's Treasury, the Monetary Authority of Singapore, and many others.

In addition to our AI-driven screening methodology, we also incorporate an agentic AI module which we term 'AI Enrich' to enhance screening results. The add-on module helps compliance streamline workflows by efficiently processing large volumes of flagged articles and deliver clear, actionable insights with corresponding confidence scores in seconds.

With AI enrich, our clients have significantly boosted productivity, increased compliance throughput, and reduce time spent on manual reviews caused by false positives.

Certainly! You can seamlessly integrate the adverse media module with your existing systems. The module is available as a component within our KYC software, complementing other compliance checks such as PEP screening, sanctions screening, risk assessment, and continuous monitoring. When integrated with your core banking, CRM, or ERP systems, the solution plays a critical role in enhancing your institution's overall AML framework, ensuring effortless compliance and protection against evolving risk factors.

Yes. Our adverse media screening solution can be customised to meet your specific compliance needs. Our solutions architects will work with you to tailor the screening parameters, aligning them with your requirements while ensuring compliance with stringent regulatory standards.