Compliance Screening: Beware the ties that bind …

Compliance Screening from AEB automatically runs restricted party screening for you in the background. The intelligent software, which can be used anywhere in the world, warns you before a business partner becomes a liability. Quickly and reliably, while the rest of your business continues uninterrupted. The AEB software lets you run all your processes with peace of mind, secure in the knowledge that you’re complying with all relevant sanctions.

From GBP 92/month 

Fully automated, with no manual tasks required

All relevant transactions protected across the company

Integrated into your ERP and CRM systems

Comprehensive selection of relevant restricted party lists, watchlists, enforcement lists, etc.

Help included – directly in the software

Security thanks to comprehensive documentation and a seamless audit trail

Compliance risks minimized – automatically and reliably

Compliance Screening runs in complete automation to minimize your compliance risks. Manual tasks are virtually eliminated. The software relies on smart automation: The restricted party lists, for example, are automatically updated each day without any need for IT to get involved. A screening algorithm also minimizes the number of false positives – matches based on a mere similarity of names.

Whenever a match is identified, Compliance Screening generates an email to your compliance officer. This saves you the trouble of constantly working through lists of matches.

Compliance risks minimized – automatically and reliably
Compliance risks minimized – automatically and reliably
Protect all relevant transactions throughout your company
Protect all relevant transactions throughout your company

Protect all relevant transactions throughout your company

You yourself decide when and how you wish to screen your business contacts against the restricted party lists that are relevant to you. Compliance Screening is browser-based, so you and your employees can access the software from anywhere in the world whenever you need to run an ad hoc address check. Larger databases of addresses can be transmitted together as a file for regular screening. The best way to avoid compliance risks is to let the sanctions list screening run in the background in your ERP or CRM system. If a match is identified, your compliance officer is notified by email while the rest of your business operations continue unimpaired.

Monitor master data and business processes – directly in your IT systems

Regular screening of your suppliers and customers in the master data is a key component of reliable compliance screening. You also need to monitor specific business transactions such as orders and deliveries so that you have the option to stop the process immediately in the case of a match. Compliance Screening’s APIs make it easy to ensure this kind of seamless monitoring in your ERP or CRM system. For SAP® and Salesforce systems, we provide the apps and plug-ins you need.

Monitor master data and business processes – directly in your IT systems
Monitor master data and business processes – directly in your IT systems

Comprehensive selection of relevant restricted party lists

Our content partners augment the official sanctions lists offered by AEB with restricted party lists, watchlists, and enforcement lists valid around the world. You can also define your own restricted party lists. Compliance Screening even lets you enforce bans on indirect provisions from EU embargo regulations and adhere to the OFAC 50% rule.
And if you need a PEP list or wish to screen your business contacts for negative media reporting, you’ll find the content you need.

Help included – directly in the software

Compliance Screening provides detailed explanations to help you understand the relevance and legal consequences of which lists you include in the check, and what to do in a worst-case scenario.

Our help is available outside the software as well: AEB can provide consultation in setting up your processes – designing operational and organizational procedures for screening, training your employees to understand the legal requirements surrounding financial sanctions, etc.

Help included – directly in the software
Help included – directly in the software
Protection through documentation and audit trails
Protection through documentation and audit trails

Protection through documentation and audit trails

All screenings and results are meticulously logged – even the approval of suspected matches, including the reasons for approval and document attachments. This makes it possible to provide quick and comprehensive documentation of your compliance with all screening obligations, even years later.

Clear and simple: our cloud solution pricing models

Basic features of Compliance Screening

  • Screening of addresses against restricted party lists (manual screening of individual addresses, screening of address files, analysis and processing of address matches)
  • Automated screening of addresses in linked host systems (web services)
  • Screening against official sanctions lists or manual restricted party lists (your company’s own in-house lists)
  • Whitelists (restricted parties excluded from screening)
  • Good Guy lists (previously screened addresses excluded from additional checks to reduce false positives)
  • Comprehensive logging of screening results
  • Update service of official restricted party lists

Basic

From GBP 92/month

plus setup fee

Includes:
5,000 address checks/year
3 users
Basic features
Basic list package

Options*:
Additional address checks 
(GBP 0.0026/each)



    * Not included in monthly fee

    Business

    From GBP 356/month

    plus setup fee

    Includes:
    25,000 address checks/year
    10 users
    Basic features
    Basic list package, plus 1 additional list package

    Options*:
    Additional address checks 
    (GBP 0.0016/each)
    Plug-ins for SAP® and
    other ERP systems
    App for Salesforce

      * Not included in monthly fee

      Enterprise

      From GBP 1,843/month

      plus setup fee

      Includes:
      25,000,000 address checks/year
      25 users
      Basic features
      Basic list package, plus 1 additional list package

      Options*:
      Additional address checks 
      (GBP 0.0009/each)
      Plug-ins for SAP® and
      other ERP systems
      App for Salesforce

        * Not included in monthly fee

        Don’t see the right model for you? On-premise solution preferred? Contact us – we’ll design a solution to fit your unique needs. 

        Six good reasons for Compliance Screening

        Protect your company against sanctions violations.

        Safeguard your reputation as a respectable exporter – along with your customs authorizations and AEO status.

        Avoid showing up on one of the many US blacklists.

        Take advantage of “silent” background screening, with blocks and email alerts only when a match is identified.

        Lower the risks of doing business by flagging illicit business contacts early on, before any contracts are signed or goods exchanged.

        Always have the information you need at your fingertips, thanks to centralized electronic documentation.

        Customers who use Compliance Screening also use the following AEB products:

        Excise Duty Filing: EMCS


        Product details >

        Export Controls


        Product details >

        License Management


        Product details >



        More products in the area of

        Export Management

        Customers already mastering their trade risk compliance management with AEB software

        Questions?

        Which sanctions lists do I need to screen my business partners against?

        Companies based in the EU generally need to worry only about sanctions and restricted party lists arising from EU embargoes or the various bodies of national law.

        There are two types of embargoes whose annexes need to be included when screening business partners. First, there are embargoes against persons derived from the EU anti-terrorism regulations 881/2002 (ISIL/Daesh and Al-Qaida), 2580/2001 (suspected terrorists), and 753/2011 (Afghanistan) including all amending regulations.

        Then, there are country-specific EU embargoes with attached lists of names. These apply to countries including Iran, Iraq, Democratic Republic of the Congo, North Korea, and Sudan.

         The websites of the responsible national authorities include the anti-terror regulations as well as a current list of country-specific embargoes, some of which include name lists in their annexes.

         The United States asserts worldwide authority for its export control laws. Businesses whose activities fall under US jurisdiction must ensure compliance with US law. This applies even when the company is based in the EU and not in the US. The US maintains a number of blacklists with different backgrounds and legal consequences. Worldwide jurisdiction is claimed only for a handful of these blacklists.

        Which lists are available in Compliance Screening?

        Compliance Screening offers an extensive library of international lists or packages of lists.

        See all list packages

        The current lists are also expanded continuously.

        Can I also create my own sanctions lists?

        Yes, Compliance Screening lets you create your own lists to define your own restricted parties.

        How often are the restricted party lists in Compliance Screening updated?

        They are updated daily. We go to the original source of the restricted party lists on the websites of the relevant authorities, consolidate the data in a package, and upload it each night to the server, where it is available for download. The Compliance Screening installations automatically download this file each night from the server. This means that the restricted party lists always include the latest day’s changes.

        Hannah Beckett
        International Business Development

        “No reputable company would want to become – either directly or indirectly – involved in financing terrorism or dealing with sanctioned parties. As such, it’s important to regularly screen customers, suppliers, and other business partners against official sanctions lists. This is key to protecting your company’s reputation and avoiding negative media coverage, fines, and other penalties.”

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