Email Contact Phone Company Visit Website

London, UK Head Office

Vintner's Place 68 Upper Thames Street
London
GB

Telephone

08700426400

Contact

Warren Wilson
[email protected]
Back to all Complinet announcements

Complinet helps reduce ‘false positives’ with new matching engine for its Client Screening service

After extensive development work Complinet has enhanced its Client Screening Matching Engine to accelerate matching of names with minimal variations. This issue has presented a significant challenge to financial services institutions when handling large data sets for client screening and due diligence. Version 2 of Complinet’s Matching Engine was developed to handle such data sets and offers many more search options for reducing false positive matches than was available from existing solutions.

Complinet is confident that this is faster than other solutions currently available in the market; it can check much larger lists of sanctions and alternative names.

“This is an upgrade to our existing matching engine technology in response to specific feedback from clients for matching numbers in company names (for example, ‘3i’); the quality and speed of the matching engine has been improved and the upgrade has reduced the number of false positives returned” said Rick Russell, Business Solutions Director.