Automated Screening Tool

Without an Automated Screening Tool, screening can be an exhaustive process - even with the availability of and access to digital databases. When it’s integrated KYC software like Avallone, this is a powerful and effective way to minimize the risk of your organization. With provided information for counterparties and any associated individuals, an automated screening tool will be able to see if there are any matches - typically to sanctions lists, PEP databases and adverse media articles / posts - and if there are matches, to flag and allow an analyst to research and confirm not just the match, but the severity and risk.


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Explore other KYC terminology in Avallone's KYC dictionary.