Quality of a Hit
During sanction checking
with our Name Matching Customer compliance module, various attributes can produce a hit, such as
last name, first name, date of birth or country. The financial
institution can decide whether the attributes need to match precisely,
or they can opt for partially exact or fuzzy correlation with entries on sanctions list. You can for example specify that the name, date of birth and country can be a 100 percent match while the first name is a similar match. This assures the quality of a hit even in case of spelling variations due to international names or misspellings.