WATCHLIST SCREENING API

To understand the genesis of Neterium, it is important to realize how strongly Sanctions, Know-Your-Customer (KYC) and Anti-Money laundering (AML) compliance have become interwoven into every customer-related transaction. With the digital transformation of financial services, this interlinking expanded from regulated entities to any digital business or platform. As the financial industry moves online, so does counterparty interactions and payment flows, with their associated risks and regulatory obligations.

With the advent of the API economy, digital platforms rely on many different service providers, each offering a very specific expertise, available in the Cloud, through a standardized interface.

Our solutions are based on a next-generation screening engine, designed from the start to operate in this API economy, providing a fast, scalable and effective service to digital platforms, or allowing solution providers to offer a screening capability as an add-on to their service.

Customers of digital platforms understand the importance of a rigorous compliance process, but they want their experience to be frictionless, and expect to sign up and be able to transact without hindrance. This requires the underlying screening process to be not only performant but also very efficient, with an extremely low false positive (false detection) rate, as every detection has to be manually reviewed and breaks the promise of instant fulfilment.

The Neterium APIs offer unique detection strategies: machine-learning classifiers, holistic matching, dynamic priority scoring, and geolocation matching are just a few examples of techniques it is capable of applying in real time to deliver unparalleled levels of performance and efficiency.

Our ultimate goal is to allow our clients and partners to achieve excellence in compliance while delivering impeccable service to their customers.