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Want to get your nerd on?

Read my latest piece on matching technologies here at Money Laundering Bulletin. It’ll be in the February print issue, but it’s online now. Mind you, I’m not the most technical when it comes to this, but I wasn’t trying to write a treatise – just trying to lay out the […]

OFAC’s FAQ on Weak Aliases

122. What are weak aliases (AKAs)? A “weak AKA” is a term for a relatively broad or generic alias that may generate a large volume of false hits. Weak AKAs include nicknames, noms-de-guerre, and unusually common acronyms. OFAC includes these AKAs because, based on information available to it, the sanctions […]

Making Smaller Haystacks

There are always more matches than we want – and experience teaches us that the ratio is not close (1000 to 1, according to BNP Paribas’ NY branch, using an exact matching methodology). We’re searching through an awful lot of hay to find needles that may or may not be […]

Set phasers (not) to stun!

A lot of this seems daunting, doesn’t it? So many possible lists, system settings to consider… and so much work to process Day 1. Seems a little nuts to me… Well, even if you’re facing down the loaded end of a C&D (cease and desist), one doesn’t have to implement […]

It takes two to tango

So, companies match their static and transactional data… to what? What specific pieces of the watchlist listing should be matched? Well, what is there to match on? Well, there’s the name… what else? Listings often have addresses but you don’t really want to match on those alone. After all, street […]

Beyond Vanilla – Flavors of Matching

It’s one thing to want to match against watchlists, and it’s another to figure out all the ways your technology can miss something you want to catch (or catch something you don’t want). So, consider the following things that some screening engines do, and consider the implications for the results […]

A is for Algorithm

So, how do we actually match our data to the watchlist data? There are two components to this, really: the mechanism by which we match, and what we actually match against. The matching mechanism is, ultimately, boiled down to some flavor of text search and matching technology. In broad strokes, […]

Are you drowning in PEPs?

If you are, and you belong to ACAMS, you can check out my article (over at ACAMSToday.org or on the ACAMS Today iPhone app) on why the number of Politically Exposed Persons has exploded recently, and what you can consider doing to stem the tide from overwhelming you. And, when […]