Enhancing Compliance with Integrated Sanctions and PEP Screening in WealthWorks+
In today’s regulatory landscape, financial institutions and wealth management firms face increasing pressure to ensure robust compliance with anti-money laundering (AML), anti-bribery and corruption (ABC), and counter-terrorist financing (CFT) regulations. To support these efforts, our WealthWorks+ platform includes a powerful built-in feature that enables users to screen clients, entities, and contacts against real-time global sanctions and politically exposed persons (PEP) lists.
This functionality allows for both ad-hoc screenings and scheduled, automated checks, helping organisations maintain continuous oversight and reduce compliance risk.
At the core of this feature is LexisNexis Bridger Insight® XG, a leading compliance screening solution that streamlines account and payment screening processes. Bridger Insight® XG integrates with LexisNexis® WorldCompliance™ data to deliver:
- Real-time insights into global sanctions and PEP lists
- Up to 80% reduction in false positives
- Scalable, configurable workflows tailored to organisational needs
- Quick-start installation and flexible hosting options
- Comprehensive, audit-ready reporting tools
By embedding this capability directly into WealthWorks+, we provide our users with a seamless and efficient way to meet regulatory obligations while enhancing operational efficiency.
If you would like to learn more about how WealthWorks+ can support your compliance strategy, please get in touch with our team.
