Regulatory & AML Compliance Screening:
Sigma screens entities and individuals against global screening lists, PEP lists, and for adverse media at the click of a button.
In order to support art and antiquities dealers subject to revisions made to the Anti-Money Laundering (AML) Act of 2020, Sigma makes real-time screening and ongoing monitoring of AML data such as Politically Exposed Persons (PEPs), Adverse Media and global Sanctions lists, much easier to implement and manage than ever before. With a simplified end to end workflow, Sigma empowers individuals and teams to control configurable alert decisioning and provides the fully audited reporting necessary to be regulatory compliant.
Sigma screens entities and individuals against global screening lists, PEP lists, and for adverse media at the click of a button.
Sigma’s web-user interface enables teams to process screening results in Sigma’s alert decisioning tool which supports up to three levels of escalation and review with a full audit trail. Users can add commentary and reason codes for determining the validity of a match or finding that is included in exportable reporting for required record keeping purposes.
On completion of review of transaction alerts, Sigma users can export detailed screening results on a transaction by transaction basis. If no alerts exist, users can instantly download a report summarizing the screening that was performed.
Sigma allows users to flexibly control ongoing monitoring of global sanctions list exposure, political exposure, and for adverse media. This simplifies screening for frequently seen transaction participants and instills additional confidence in business practices.
Clients can enter and tag transaction participant details via a web-based user interface in seconds.
Clients can save time by uploading larger volumes of transaction participant details via excel or csv file upload.
For clients who want to integrate different systems with Sigma, Sigma provides programmatic API accessibility.
