Financial Crime World

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Thailand Businesses Boost Compliance and Efficiency with Advanced Sanctions Screening Software

In a bid to streamline regulatory compliance and protect their businesses, Thai organizations are turning to advanced sanctions screening software solutions. LexisNexis Bridger Insight XG, a comprehensive compliance platform, has emerged as a leading solution for Know Your Customer (KYC) processes, identity verification, screening, due diligence, and fraud prevention services.

Efficient Compliance Processes for Global Customer Base

Bridger Insight XG combines industry-leading filtering software with robust financial crime data and watchlist content from LexisNexis WorldCompliance Data to deliver significant efficiencies in screening processes. This results in cost savings, increased operational capacity, and reduced cycle times. By leveraging this solution, Thai businesses can expand their global customer base faster while protecting themselves from regulatory risk.

Benefits of Bridger Insight XG

  • Cost savings
  • Increased operational capacity
  • Reduced cycle times
  • Ability to expand global customer base faster
  • Protection from regulatory risk

Access Expansive Sanctions Perspective in a Sufficient Summary Report

Bridger Insight XG delivers effective and efficient screening by combining a best-in-class matching algorithm with access to the industry’s most robust global screening data. With this solution, businesses can confidently accelerate account openings, simplify payment screening, support compliance requirements, mitigate risk exposure, reduce manual reviews due to false positives, and fight financial crime.

Key Features of Bridger Insight XG

  • Best-in-class matching algorithm
  • Access to industry’s most robust global screening data
  • Ability to accelerate account openings
  • Simplified payment screening
  • Enhanced compliance requirements
  • Mitigation of risk exposure
  • Reduced manual reviews due to false positives
  • Ability to fight financial crime

Broaden Customer Insights with Expansive Sanctions Coverage

The solution provides seamless access to global sanctions and enforcement lists, extensive Politically Exposed Persons (PEPs) coverage, profiled adverse media, and SWIFT/BIC information from WorldCompliance Data. This enables Thai businesses to research individuals or businesses from a robust enhanced due diligence perspective, helping them comply with global regulations like OFAC, USA PATRIOT Act, or the EU’s 5th Money Laundering Directive.

Key Benefits of Expanded Sanctions Coverage

  • Seamless access to global sanctions and enforcement lists
  • Extensive PEPs coverage
  • Profiled adverse media
  • SWIFT/BIC information from WorldCompliance Data
  • Ability to research individuals or businesses from a robust enhanced due diligence perspective
  • Compliance with global regulations like OFAC, USA PATRIOT Act, or the EU’s 5th Money Laundering Directive

Automate Customer Screening and Accelerate Compliance Workflow

Bridger Insight XG offers a user-friendly interface that simplifies and facilitates the overall process flow. The solution is available in two modalities: Service (hosted in state-of-the-art data centers) or Enterprise (hosted in their own data center). Both options include flexible and powerful web services API for easy integration with core systems, as well as batch capabilities for heavy-duty file processing.

Key Features of Bridger Insight XG

  • User-friendly interface
  • Simplified process flow
  • Available in two modalities: Service or Enterprise
  • Flexible and powerful web services API for easy integration with core systems
  • Batch capabilities for heavy-duty file processing

Generate Revenue Faster

A more effective compliance workflow combined with fewer manual reviews and less false positives simplifies the account opening process from application to activation to monitoring. This enables Thai businesses to focus on customer experience and revenue generation while keeping resources focused on what matters most.

For more information about LexisNexis Bridger Insight XG, call 1-800-953-2877.