Cognizant Sanctions Screening

Cognizant’s Sanctions Screening Execution App helps financial institutions identify new insights on causes of exceptions, control issues and workflow inefficiencies in the sanctions screening process. Sanctions screening is a compliance-driven process for which false positives require significant resources to investigate, improper adjudication creates risk exposure, and gaps to control standards may arise from incomplete workflow documentation and limited visibility into operations.

Cognizant’s Sanction Screening Execution App enables clients to

• Increase visibility and control over sanctions alert handling workflow

• Improve first time right performance by identifying error patterns

• Lower operations cost through identification of exceptions and inefficiencies

• Drive improvement in both compliance and operations KPIs