Our comprehensive watchlist screening solution provides global coverage for identifying DPIPs (Domestic Prominent Influential Persons), FPPOs (Foreign Prominent Public Officials), sanctioned individuals and organisations, in real-time. We screen against the following:
Global Sanctions Lists
Sanctions lists are compiled by governments and international bodies to prevent trade with those who are suspected of performing illegal activities. Local and global sanctions lists including OFAC, UN, HMT, FSCA, National Treasury and SAPS.
Prominent or Public Persons
These lists are compiled from volumes of research and are updated daily. Transacting with someone on this list will require you to perform enhanced due diligence, based on your RMCP risk-based approach.
Relevant and Adverse media
If your client is making headlines or being mentioned in news articles this is something you will want to know as it may affect whether you choose to transact with them. DocFox Adverse Media is a comprehensive collection of mentions and articles of your client in the news.
On-going detection of bad actors.
Screening your clients against watchlist sanctions, DPIP and FPPO lists as well as adverse media is a critical element in determining a client’s risk profile and is a requirement imposed by FICA.
Comprehensive coverage
Our watchlist is based on exhaustive research from thousands of sources in multiple languages with millions of records covering all publicly available sanctions lists. We also cover profiles of DPIPs and FPPOs as well as their relatives and linked associates.
Fuzzy name matching
Our algorithms skilfully handle variations in names and spelling ensuring that nothing slips through the cracks. All thresholds and matching distances can be set by you so that you’re in line with your risk-based approach.
Continuous monitoring
DocFox monitors your client list daily ensuring the results we pass onto you are relevant and up-to-date. Continuous monitoring ensures you are screening against the most recent records and if there are changes you are notified immediately.
Relevant and adverse media
DocFox collects the most relevant adverse media articles and provides you with a link to the source to investigate. The search can be refreshed at any time to get the most up-to-date media. DocFox logs the date and time you visited the article.
We created a handy guide that summarises the FIC Amendment Act and it’s impact on Accountable Institutions.
Click here to receive your FREE FICA Handbook.