Norkom is the market leader in Sanctions and PEP (Politically Exposed Person) screening, with over one billion financial relationships being screened globally each day. Norkom’s solution enables financial institutions to comply with major national and international regulations, avoid regulatory sanction and protect business reputation and viability. Norkom Sanction & PEP Screening enables our clients to meet regulatory requirements in over one hundred countries every day. 

A Global Regulatory Solution

The Sanctions, PEP and Foreign and Corrupt Practice lists that a typical global institution must monitor have increased in number and size to in recent years, typically 30-40% growth year-on-year. Norkom’s Sanctions & PEP Screening supports over 300 regulatory global watchlists and comes pre-packaged with support for leading consolidated list vendors namely World-Check, Dow Jones Watchlist and Accuity, greatly simplifying the challenge faced by organizations in remaining compliant and giving them flexibility to adapt to the future. Furthermore, Norkom supports both internal monitoring and fraud watchlists.

Packaged Efficiency & Effectiveness

With a global footprint across North America, Europe, Asia Pacific and the Middle East, Norkom has proven packaged accuracy across the globe. We provide the broadest and deepest set of packaged processes and algorithmic innovations in the market.

Norkom Sanction & PEP Screening is packaged to enhance detection efficiency and effectiveness.  It can screen over 60 languages and character sets, which leads to fewer false positives. Norkom Sanction & PEP Screening also leads the field in investigation efficiency with >90% of all determinations being achieved via a single mouse click.  In addition, Norkom provides specific treatments for non public lists such as  Fincen 314(a).

Ongoing monitoring

The Norkom Sanctions & PEP Screening solution monitors change in watchlists frequently (daily or more frequent), ensuring that your institution’s screening solution remains up-to-date, minimizing the potential risk to your organization.

A flexible and adaptable solution

The Norkom Sanctions & PEP Screening solution is built upon the Norkom financial crime and compliance platform, which can be leveraged to address a range of crime and compliance issues. The scalable architecture means that the solution you purchase today can continue to manage your growing volumes and can be easily extended to other areas of financial crime and compliance, including as part of an overall Norkom Anti-Money Laundering solution or a Norkom Customer Due Diligence/ Know Your Customer check.

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