Eastnets SafeWatch Screening is specialised in detecting watchlist entities, to filter out suspicious transactions from the financial flow and stop them before they happen. SafeWatch Screening solution incorporates pre-configured best practice screening approach that can dramatically reduce the time-to-payback and improve the productivity of your compliance operations.
SafeWatch Screening is based on a cloud enabled micro-services architecture incorporating state of the art technologies ensuring scalability, elasticity and agility to meet the hightest demands of tier 1 banks.
SafeWatch Screening matching engine applies advanced detection algorithms and matching techniques to screen data against loaded lists. It is based on real-time systems, capable of taking a decision about a transaction in a short time, yet it also has batch screening capabilities.
The solution packages all the powerful AML detection tools you need into one web-based solution, giving you a single detection point and one interface for managing alerts.
SafeWatch Screening achieves low false positive rates for alerts with advanced features including Good Guys (White Lists), Violation/Business Rules, Smart SWIFT Fields Interpretation, Decision Replay, and List Set Rank help increase operational efficiency.
SafeWatch Screening is a central checking point for all the financial traffic within an institution, whatever the channel of the incoming data, and as a single detection point. Furthermore it allows compliance officers to have only one interface where all alerts from all sources are concentrated.
The system has evolved to support various connectors that enable it to scan names, files, databases, and transactions, to stop any suspicious transactions for investigation by Compliance Specialists.
SafeWatch Screening provides advanced data analytics and dynamic BI dashboards providing a holistic solution with powerful data insights.
SafeWatch Screening is a SWIFT-certified product and granted the SWIFT Alliance Plug-in label for its seamless integration with the SWIFT environment
SafeWatch Screening ChainFeed leverages blockchain technology and Real Time List Loading (RTLL) to update sanction lists automatically, securely, and in real time, eliminating delays, errors, and the potential for internal fraud.
