Review AML screening results
Learn how to interpret and manage AML screening results.
The results of the AML check are located In the Watchlists section of the applicant profile, where you can see various metrics, such as the date and time when the screening was performed, the applicant name along with their date of birth, search reference that was used during the screening, fuzziness interval, and whether the ongoing monitoring was enabled. You can also leave a note to preserve some useful information about the screening results.
Depending on the screening results, the status timestamp is highlighted in different colors:
- Green — no matches were found in the watchlists; the applicant can be approved (or is already approved).
- Yellow — matches in the watchlists are found, and require investigation.
- Red — matches in the watchlists are found. Thoroughly investigate check results if you want to approve the applicant despite the found matches.
You may have several timestamps—each showing its own results—in case of several WL checks performed at different times.
You can also generate a screening report and save it as PDF.
Understand AML screening parameters
The following screening parameters are available, depending on the check result. Usually, less parameters are shown if the result is green.
| Parameter | Description |
|---|---|
| Search term | Name of the screened person. |
| Created at | Date and time when the screening was performed. |
| Search ref | Search ID on the Comply Advantage (our AML screening provider) side. |
| Fuzziness Interval | A customizable value that defines how many inexact matches can be found during the WL screening. |
| Year of birth | Birth date of the screened person. |
| Ongoing monitoring | Indicates if the ongoing AML monitoring is on/off. |
| Last screening date | Date when the screening was last performed. |
| Warning types | Types of matches configured in the settings. Hover the mouse cursor over the question mark to view, or click the link to open the settings in a new tab. |
Manage AML screening results
If the applicant was delegated to you after the AML screening in accordance with your settings or you disagree with the system decision, you may need to investigate their profile and make a final decision according to your business requirements.
Approve applicants rejected after WL check
To approve applicants rejected during the screening:
- In the Dashboard, open the Applicants page.
- In the table, find and open the applicant profile you need.
- In the upper-right corner, click Change applicant status. Upon initiating the applicant status change, the profile goes into the Requires action status.
- Navigate to the AML Screening section.
- In case of several WL checks performed at different times, go through only the last timestamp to see and study its results.
- To check the relevance of the match, click the applicant record in the table and investigate the provided sources.
- To approve the applicant profile, change the parameters. All matches in the latest AML check should have one of the states:
- False positive
- is whitelisted
Note
Mind that when a match is marked as whitelisted, the system will stop ongoing AML monitoring (if enabled) for this specific match. Even if the information related to the match changes in the future, no further updates will be generated.
- Deselect the assigned rejection tags and click Approve.
Remove watchlist check results
You can remove the screening results for each of the timestamps:
- Select the timestamp of the results that you want to remove.
- Click Delete and confirm the action.
Updated about 1 month ago