What Does Testing a Sanctions Solution Entail?

Many compliance teams assume their systems are configured properly. This can be a risky assumption. Testing is critical to ensure systems are current and secure.  

Whether your financial institution has had a screening program in place for many years or if you are looking to implement a new one, it is important to test its effectiveness during the initial implementation as well as on a regular basis.

Download our whitepaper to learn the key areas to audit to ensure your sanctions and watch list programs are effective.

About Alessa

Alessa is a compliance, controls monitoring and fraud prevention solution for banking, insurance, fintech, gaming, manufacturing, retail and more. With deployments around the world, Alessa allows organizations to quickly detect suspicious transactions, identify high-risk customers and vendors and decrease fraud risks that reduces profitability and increases costs. 

Why Compliance Professionals Prefer Alessa 
•    One integrated platform for AML compliance 
•    Get a daily update of customer risk  
•    Expedited processes through automation 
•    Access to world-class partners 
•    Automate up to 100% of your regulatory reporting 
•    Ongoing support from our highly skilled team