System and Method For Restricted Party Screening and Resolution Services
A system and method for screening data for restricted party screening. The system comprises an input for entering data, a screening system for screening the data against a database comprising restricted entities information, generating a match score based on the screening of the data, providing a data match based on the match score, and outputting the data match, a work queue for reviewing the data match, and a report generated based on the review of the data match.
1 . A system for screening data for restricted party screening comprising:
an input for entering data;
a screening system for screening the data against a database comprising restricted entities information, generating a match score based on the screening of the data, providing a data match based on the match score, and outputting the data match;
a work queue for reviewing the data match; and
a report generated based on the review of the data match.
2 . The system of claim 1 wherein the input comprises an interface for manual entry of data.
3 . The system of claim 1 wherein the input comprises an interface for flat-file data input.
4 . The system of claim 3 wherein the flat-file data is inputted by secure FTP.
5 . The system of claim 1 wherein the input comprises an interface for XML data input.
6 . The system of claim 1 wherein the restricted entities comprises information from at least one of commercial entities information, partners or customers information, government information, information from embargoes, or information based on a combination thereof.
7 . The system of claim 1 wherein the screening system comprises a database.
8 . The system of claim 7 wherein the database comprises at least one of a restricted entities database, customer or partner database, and an audit trail database.
9 . The system of claim 1 wherein the screening system further comprises a screening engine comprising at least one dictionary.
10 . The system of claim 9 wherein the screening engine further comprises a component for tokenization, a component for word token comparisons, and component for phrase match comparisons.
11 . The system of claim 10 wherein each of the components for tokenization, for word token comparisons, and for phrase match comparisons further comprises a tuning configuration.
12 . The system of claim 11 wherein the tuning configuration for the tokenization component further comprises at least one algorithm.
13 . The system of claim 12 wherein the at least one algorithm is at least an alphabetic n-gram, consonant n-gram, numeric n-gram, soundex, phonex, metaphone, or any combination thereof.
14 . The system of claim 9 wherein the screening system is configured to screen data in English.
15 . The system of claim 14 wherein the screening system further comprises a translation component for translating non-English language into English for screening data.
16 . The system of claim 15 wherein the translation component is provided by a machine.
17 . The system of claim 15 wherein the translation component is provided by a third party.
18 . The system of claim 9 wherein the screening system is configured to screen data in a non-English language.
19 . The system of claim 1 wherein the data match based on a match score yields at least one of a match, potential match, or no match.
20 . The system of claim 1 wherein the match score and data match are stored in a database.
21 . The system of claim 1 wherein the report is accessible through at least one of a user interface.
22 . The system of claim 21 wherein the report is viewed in a PDF format.
23 . The system of claim 21 wherein the report is viewed in a spreadsheet format.
24 . The system of claim 1 further comprising a match verification component for reviewing the report and generating a match verification decision.
25 . The system of claim 24 wherein the match verification decision is provided by a user.
26 . The system of claim 24 wherein the match verification decision is provided by a host agent.
27 . The system of claim 24 wherein the match verification decision is used for identifying a restricted party or black-listing.
28 . The system of claim 24 wherein the match verification decision is used for identifying a non-restricted party or white-listing.
29 . The system of claim 24 wherein the match verification decision is stored in a database.
30 . The system of claim 1 wherein the system is in a computer-executable format.
31 . The system of claim 1 wherein the system is accessed through a network.
32 . The system of claim 35 wherein the system is accessed through a web user interface.
33 . The system of claim 1 wherein the system has a hierarchical structure for a multi-level application.
34 . A method for screening data for restricted party screening comprising:
inputting data;
screening the data against a database comprising restricted entities information;
generating a match score based on the screening of the data;
providing a data match based on the match score;
outputting the data match;
reviewing the data match in a work queue; and
generating a report based on the review of the data match.
35 . A system for screening data comprising:
an input for entering data;
a screening system for screening the data against a database comprising restricted entities information, generating a match score based on the screening of the data, providing a data match based on the match score, and outputting the data match;
a match verification component for reviewing the data match and generating a match verification decision, wherein the match verification component is provided by a host agent and the match verification decision is based on the data match; and
a report generated based on the match verification decision.
36 . A method for screening data comprising:
inputting data;
screening the data against a database comprising restricted entities information;
generating a match score based on the screening of the data;
providing a data match based on the match score;
outputting the data match;
reviewing the data match by a match verification component to generate a match verification decision, wherein the match verification component is provided by a host agent and the match verification decision is based on the data match; and
generating a report based on the match verification decision.
37 . A method for screening data comprising:
inputting data;
screening the data against a database comprising restricted entities information;
generating a match score based on the screening of the data;
providing a data match based on the match score;
outputting the data match;
reviewing the data match by a match verification component to generate a match verification decision, wherein the match verification component is provided by a user and the match verification decision is based on the data match; and
generating a report based on the match verification decision.