London, England — 12/08/2017 — Global RADAR announced the launch of its latest innovative product aimed to make it easier for all companies to check names against sanctions and PEP lists. This solution will add much needed relief to the rigors of regulatory compliance when onboarding new clients while reducing costs and improving the customer experience.
In a move that breaks new ground in the Anti-Money Laundering software space, Global RADAR has launched Global RADAR Check. This mobile cloud-based Watch List and Sanctions Screening tool simplifies the name screening process. Organizations can now easily manage their compliance requirements and quickly identify individuals that represent an elevated risk.
Global RADAR Check is supported on all devices and checks names against all global sanctions and PEP Lists. It offers robust proprietary name matching capabilities along with custom adverse media searches to target relevant matches and reduce the noise of irrelevant data. The system can also be used to search for corporate registry documents or perform identity verification.
“Watch List Screening and Know Your Customer requirements are two of the most problematic areas of regulatory compliance.” stated Dominic Suszek, CEO of Global RADAR. The lack of integration between systems and high costs have been a barrier too long. Our goal is to arm all companies with a versatile and affordable tool which addresses these challenges.”
About Global RADAR
Founded in 2007, Global RADAR has emerged as a leading anti-money laundering software companies on the market. Established by experienced individuals in the financial service space, Global RADAR is built on four solid pillars of compliance: Customer Due Diligence, Document Management, Watch List Screening, and Transaction Surveillance. Today, Global RADAR maintains an unparalleled global presence, providing services to retail, institutional and commercial clients in over 20 countries. Having been named a Top 20 Document Management Solution Provider for 2016 by CIO Review and a Top Risk & Compliance Solutions Provider by Banking CIO Outlook Magazine, Global RADAR offers premium solutions to meet a variety of regulatory requirements.
For more information, visit www.globalradar.com or call US 877-265-7475 or UK +44 (0) 20-8618-2216.
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