From manual cross-checking in Excel to automated sanctions screening
From manual cross-checking in Excel to automated sanctions screening
Before
How did you handle this part of compliance before you chose a system to support you?
"It was a manual and very time-consuming process. We searched and cross-checked customers and suppliers by hand against official sanctions lists in Excel, which was slow and carried a constant risk of missing an updated list or a misspelling."
Solution
How has the system changed the way you work internally?
"The work is now automated and secure. Checks run automatically in the background whenever a new customer relationship is created and whenever details change, so we only spend time on actual hits. The monitoring list, which keeps the screening running for us, is extremely valuable."
After
It has been a while now — what is it like working in the system?
"It is extremely smooth and reassuring. The interface is simple, we get immediate notifications when a list is updated, and we have full traceability and an audit log ready if the supervisory authority has questions."