Anti-Money Laundering

Steele solves the problems AML and Financial Crime analysts face daily when they use traditional risk databases – the fear of the unknown.

Our platform, TransparINT by Steele,  uses machine learning and natural language processing to filter vast quantities of unstructured data from millions of sources to efficiently identify financial crime and reputational risk. Our artificial intelligence solution contains a relevancy scoring algorithm to dramatically reduce your false positives.

Traditional negative news products look at only a small fraction of publicly available information. This means institutions miss crucial information that should be influencing risk management decisions about customers, counterparties, and beneficial owners. Combing through page after page of results from negative news providers and commercial search engines wastes time, increases costs and degrades compliance.

For more information about Transparint click here.

Advanced Search Capabilities

  • Search, in real-time, more than 10 times the amount of negative news and risk information than other databases
  • Collects all relevant negative news, sanctions, watch list and PEP in one system
  • Reduce false positives using our advanced matching science to calculate and display a Relevance Score for each result
  • Contains built-in case management – track searches, results, and progress identifying potential capacity, aging, and backlog issues
Transparint Monitor
Comparison-of-Transparint-Services

Ongoing Monitoring of Customers and Third Parties

  • Easily load lists of individuals and businesses and monitor those names against real-time negative news
  • Actual Real-Time monitoring. Be alerted as new negative news is published
  • Search more sources than any other negative news application
  • Simple to use and under your control. Easy batch file upload
  • Investigate and resolve alerts directly in case management dashboard
  • Complete control over alert assignments, escalations, and dispositions.
  • Full audit, analytics, and manager reporting capabilities.

API Access

  • Gain access to negative news, watchlist, and PEP data through Transparint’s application programming interface (“API”) 
  • Add Transparint search results to internal systems to save time and limit the use of multiple applications

Intelligent Risk Profiles

  • Access to millions of profiles that are constantly updated and sourced via our artificial intelligence engine
  • Consolidated data set of profiles for individuals and entities involved in financial crime or reputational risk events
  • Machine learning and natural language processing is leveraged to identity risk events in near real-time from unstructured news, providing an unmatched level of data coverage

Diligence and Alert Reviews

  • Leverage Steele’s global team of analysts to conduct first level reviews of monitoring alerts saving internal analyst time clearing alerts 
  • Order additional levels of due diligence using highly trained analysts, globally, for deeper dive intelligence reports on your highest risk customers
Negative News Approaches

Unburden Your Compliance Team

Our managed services group can assist your team with a variety of tasks including, but not limited to:

  • Enterprise-wide third-party data aggregation, validation, and cleansing
  • Red flag review and adjudication
  • Project management
  • Data aggregation, validation, and cleansing
  • Red flag review and adjudication
  • Project management