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Sanctions and Adverse Media Screening Solution

Powered by ML/AI and developed using the latest technology stack, SAMS™ is the next-generation, integrated Screening solution for all your Sanctions, PEP, and Adverse Media Screening needs with powerful customization capabilities as per your specific requirements.

Coupled with its comprehensive database of global and regional sanctions and watchlists, structured PEP data, extensive news coverage, and our proprietary ML/AI algorithms that help reduce false positives, SAMS™ is the most advanced solution in its category.

The need for an intelligent, next-generation screening solution

With growing regulatory expectations and a rapidly evolving legal framework, institutions are faced with the burdensome task of assessing, monitoring and disclosing their AML risk exposure, while managing profitability. Current legacy solutions still demand frequent manual intervention, are inflexible in terms of implementation options and ongoing maintenance changes, restricted to siloed databases, preventing you from getting a holistic view of your organization, leading to high false positives and increased time and effort for compliance.

Our SAMS™ platform is designed to help banks, financial institutions, and corporates in performing the Sanctions, PEP and adverse media screening through a single platform. The platform has been designed with a very intuitive workflow and covers individuals, entities, vessels and aircrafts globally, and provides advanced analytics to let you make informed decisions. SAMS™ allows you to integrate your in-house, customized lists and automates both the initial and ongoing monitoring processes.

Platform Highlights

  • Integrated and intuitive workflows designed by industry experts

  • Powered by proprietary ML algorithms (patent pending)

  • Leading database for Sanctions, PEP, and Negative News

  • Flexibility to use own or third party databases and screening lists

  • Automates both initial and ongoing screening processes

  • Ability to replicate multi-level operational approval processes

  • Complete audit trail of the screening process

  • Seamless API and Active Directory integration

Why SAMS™?

A robust, comprehensive database is key to the success of any screening program. SAMS™ is powered by Solytics’ leading, state-of-the-art database covering all major global sanctions and PEP lists, as well as coverage of millions of webpages for adverse media updates.

Solytics’ Global Watchlists are a comprehensive collection of caution lists from all major sanctioning bodies, law enforcement agencies and financial regulators worldwide. We continually update, add regulatory and enhanced due diligence data and lists, offering you the most up-to-date and accurate information to help protect your business.

We collect, maintain and update a record or the record of individuals elected or appointed to a PEP position or their immediate relatives or close associates. The research and identification of such individuals are based on the definition provided by the FATF and expanded definitions offered by the Wolfsberg Group, USA PATRIOT Act, EU Money Laundering Directive and the World Bank, as well as country-specific PEP definitions. The list also includes board members, chairmen, directors and senior executives of state-owned enterprises.

Our database currently pulls together negative news from ~10mn web pages from 20,000+ sources for 50+ languages. The crawlers have the capability to extract information from JSON, PDF, CSV formats.

SAMS™ Coverage

Well-trained Proprietary ML/AI Search Algorithms that Generate ~40-50% Lower False Positives than Industry Average

SAMS™ proprietary search algorithm has been customized for various entity types – Individuals, Entities, Vessels, Aircrafts, and includes ID-based match for standard attributes like:

  • Individual

    Passport, National ID, Driving License, SSN

  • Entities

    CIN, ISIN, PAN/TIN

  • Vessel

    MMSI

  • Aircraft

    Serial Number

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Our ML/AI algorithm crawls through billions of articles on the web and use a variety of techniques to capture the right data points and insights.

  • Contextual Search

    Uses latest AI model trained under 2 million entries for adverse media check related to AML/Sanctions/Criminal activities

  • Sentiment Analysis

    Gives output regarding tone of the news article – positive, negative, neutral

  • Credibility

    Our credibility score reflect the degree of authenticity of a particular news article

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Our credibility score reflect the degree of authenticity of a particular news article

Name-matching is carried out for non-standard/open fields and can be customized as per client requirements Some sample attributes used are below:

  • Name and Aliases

    Uses latest AI model trained under 2 million entries for adverse media check related to AML/Sanctions/Criminal activities

  • Dates

    Birth (Individuals), Establishment (Entities), Manufacturing (Vessels/Aircrafts)

  • Address

    Including Street, City, State & Country

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Deployment Models

Solytics understands that the requirements, current infrastructure, and size vary from organization to organization. We have four different SAMS™ versions and flexibility to provide SAMS™ as SaaS or deploy on the cloud or on-premises, to ensure we are able to fulfill the unique objectives of every client

Enterprise Edition

Useful for organizations with mid-to-large size compliance teams. The solution has a different set-up for managers & analysts for optimal controls with options for both initial screening and ongoing monitoring of customers.

It provides a robust multi-level Maker-Checker concept and the flexibility to customize for bank’s/clients’ private lists and other third-party data feeds.

Single User Version

Allow a single user to perform end-to-to end SAMS™ activities by providing options for both initial screening and ongoing monitoring of customers. Provides the ability to download bulk data with slice-and-dice capabilities for incisive analytics. Comes with the flexibility to customize for bank’s/clients’ private lists and other third-party data feeds.

API Integration

Robust API supporting different programming languages and customizable schemas, which can be easily integrated with the client systems. Flexibility to customize for hits and non-hits with additional data points, if required.

XML Data-Dump

Most updated and accurate sanctions and PEP lists, and relevant adverse media coverage are provided regularly through offline data dumps.

Operational Models

Software as a Service (SaaS)

Pay per user/usage with monthly and yearly payment options with discounts for a yearly or the yearly Subscription and higher volumes

Enterprise Licensing

Enterprise Licensing + Annual Maintenance Charges

Managed Services

Complete process owned by Solytics and client pays based on the volume of work.

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