Global RADAR Launches a Cloud-based Watch List and Sanctions Screening Tool
Industry: Technology
Global RADAR announces the launch of its latest innovative solution for companies in the financial services space.
Miami, Florida (PRUnderground) August 16th, 2017
Global RADAR announces the launch of its latest innovative solution for companies in the financial services space. This solution will add much needed relief to the rigors of regulatory compliance related to Know Your Customer (KYC) while improving the customer experience.
In a move that breaks new ground in the anti-money laundering (AML) software space, Global RADAR has launched Global RADAR Sanctions Search, also called Global RADAR Lite. This mobile cloud-based Watch List and Sanctions Screening tool simplifies the KYC name screening process. Organizations can now easily manage their compliance requirements and quickly identify individuals that represent an elevated risk.
The Global RADAR Lite solution is supported on all devices and utilizes global sanctions and PEP Lists. It offers robust proprietary matching capabilities along with custom Google searches to target relevant matches and reduce the noise of excess unrelated data.
“Watch List Screening and KYC are two of the more problematic areas of regulatory compliance.” stated Dominic Suszek, Founder and CEO of Global RADAR. The lack of integration with existing 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.”
For more information about Global RADAR please visit www.GlobalRADAR.com. To access the Global RADAR Sanctions Search application, please visit https://search.globalradar.com
About Global RADAR
Founded in 2007, Global RADAR is a leading provider of both cloud and on-premises software solutions that allows organizations to grow, manage risk and comply with global anti-money laundering requirements. With a presence in more than 25 countries and a singular focus on risk management, Global RADAR, ranked Top Risk & Compliance Solutions Provider by CIO Outlook Magazine, is dedicated to supporting organizations manage compliance.
For more information, visit www.globalradar.com or call US 1.877.265.7475 or UK +44 (0) 20.8618.2216.
