GlobusScreen provides automated sanctions list screening to help businesses manage compliance risks and reduce operational overhead. Its platform offers rapid, accurate entity verification against continuously updated global sanctions, PEPs, and adverse media lists, ensuring regulatory adherence.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses face significant compliance risks and operational overhead when manually screening entities against evolving global sanctions and watchlists. Inaccurate or delayed screening can lead to regulatory penalties, reputational damage, and blocked transactions.
Solution
GlobusScreen offers an automated sanctions list screening platform designed to streamline compliance workflows and mitigate risk. The service provides rapid, accurate entity verification against a comprehensive and continuously updated database of global sanctions, PEPs, and adverse media lists. By integrating with existing business processes, GlobusScreen ensures that organizations can maintain regulatory adherence efficiently. The platform delivers detailed match reports and supports audit trails, facilitating robust compliance assurance for businesses across various sectors.
Target Audience
GlobusScreen serves businesses across regulated industries such as banking, finance, technology, healthcare, and real estate that require robust and efficient sanctions compliance solutions.
Features
- Automated screening of individual and corporate entities against global sanctions and watchlists.
- Real-time updates to the sanctions database, ensuring coverage of the latest regulatory changes.
- High-accuracy matching algorithms to minimize false positives and negatives.
- Detailed match reports with relevant information for compliance review.
- User-friendly interface for efficient workflow management and auditability.
- API integration capabilities for seamless incorporation into existing business systems.
- Support for multiple industries including banking, technology, healthcare, and finance.