Prior to selecting Datanomic, EAB were performing manual checks against sanctions and PEP lists on a quarterly basis which was both time consuming and a drain on resources. Following Datanomic's successful proof of concept, EAB has now standardised on dn:Director for regular, ongoing screening of 20,000 customer records.

"We wanted a flexible solution that would improve accuracy, reduce false positives, eliminate repetitive alerts, and provide us with timely management information and full aduitability," said Philip Hindley, Head of Compliance for Europe Arab Bank. "dn:Director not only meets all these criteria, but is easy to customise with our internal requirements. We benefit from faster review times on alerts, which allows us to focus resources on high risk cases."

As the de-facto Risk & Compliance screening solution for the financial services industry, dn:Director for Sanctions & PEP screening is now systematically checking more than five billion client records every month. Datanomic's solutions have been implemented by some of the world's largest banks, insurers, asset and wealth managers to reduce their global risk, as well as other non-financial services industries with stringent compliance requirements.