SBS World-Check Total Solution integrates the FircoSoft Files Filter with the World-Check Database in a suite of software products and related services designed for institutions to efficiently manage their KYC, EDD and PEPs requirements. SBS understands the regulatory environment driving institutions to seek methodologies that are dependable and defendable to audit and regulatory review. Clients who use FircoSoft’s filtering engine can benefit from the same options available to those using any watch list filter.
The standard components of SBS World-Check Total Solution are:
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Filter Engine
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A software module to scan database extracts against the World-Check Database in batch mode. The Filter is based upon an AI engine and has extensive algorithms for fine-tuning. Versions are available for most platforms including iSeries, MVS, UNIX and Windows. The engine generates XML Alert files, which can be loaded into a Windows based “Thick Client / Desktop Edition” or into a database, to be accessed through a browser based “Thin Client / Enterprise Edition”. In both cases, the Client allows a user to review Alerts, make and save decisions with comments for future scans and generate reports for compliance and regulatory authorities.
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Firco MultiList
Manager (FMM)
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A utility allowing in-house list management of sanction and internal lists. Available for Enterprise Edition.
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Firco MultiLaws
Manager (FML)
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A utility allowing the generation and management of business rules to assist with automated reduction of False Positives. Available for Enterprise Edition.
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SAFE Xfer
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A utility to automate and schedule the process of downloading the World-Check Database or subsets, from the SBS secure web site, on a scheduled or on-demand basis.
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SAFE WC View
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A software module and service which includes delivery of the complete World-Check database and software to display World-Check profiles for research purposes when reviewing “hits”. All “links” are enabled for immediate display of related entities and Information Sources. All the fields contained in the World-Check Database are contained in the profile. SAFE WC View is available in a Desktop or Enterprise Edition.
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SAFE WCView Options are also available for Advanced Link Analysis, Advanced Link Monitoring and Advanced News Monitoring.
