Sanctions & compliance screening
Financial crime compliance sits at the centre of every cross-border payment, and the cost of getting it wrong extends well beyond a single transaction.
Overview
Run Ventures advises banks and PSPs on sanctions and name screening across their payment flows, on participation in the SWIFT KYC Registry as part of correspondent due diligence, and on integrating compliance analytics into day-to-day operations so alerts are actionable rather than just numerous.
Our consultants work with compliance, operations and technology teams to review screening rules and thresholds, reduce false positives without weakening controls, and align screening practices with correspondent banks' own expectations.
Because compliance failures in payments can affect an institution's correspondent relationships as much as its regulatory standing, Run Ventures helps clients build screening and KYC processes that hold up to scrutiny from both regulators and banking partners.
What we do
Screening rules & thresholds
Reviewing sanctions and name screening rules and thresholds across payment flows.
Fewer false positives, same control
Reducing false positives without weakening the controls they exist to enforce.
KYC Registry participation
Supporting participation in the SWIFT KYC Registry as part of correspondent due diligence.
Compliance analytics
Integrating analytics into day-to-day operations so alerts are actionable rather than just numerous.
Two directions of scrutiny
Compliance failures in payments put an institution’s regulatory standing at risk, and they can affect its correspondent relationships just as much. Screening and KYC processes have to hold up to regulators and banking partners alike.
We support participation in the SWIFT KYC Registry as part of correspondent due diligence, and align screening practice with correspondent banks’ own expectations, the other side of the relationships covered in correspondent banking advisory.
Screening sits before messages leave the institution; see where it fits in the FIN message path. Faster payments add pressure on review queues, and gpi stop-and-recall is the other half of acting on a concern mid-flight.
Tuning your screening?
Alert volumes outgrowing review, or correspondents asking harder questions? Our consultants can walk through your screening setup.