AML & Sanctions Screening Software for Financial Institutions
Anti-money-laundering that lives inside the core — sanctions and PEP screening at onboarding and on every relevant transaction, with the audit trail examiners expect.
The problem
- Bolt-on AML tools disconnected from the ledger miss context and create reconciliation gaps.
- Watchlists and PEP data change constantly; screening must run continuously, not once.
- Regulators expect a defensible, timestamped record of every screen and decision.
What Sika gives you
Sanctions & PEP screening
Screen customers and counterparties at onboarding and on an ongoing basis.
Transaction monitoring
Velocity and pattern rules flag suspicious activity for review.
Case management
Alerts route to a review queue with maker-checker disposition and notes.
Segregation of duties
Maker-checker controls separate the initiator from the approver on sensitive actions.
Immutable audit
Every alert, decision, and override is logged for examiners.
Risk-based rules
Thresholds and rules are configurable per institution and product.
Launch your institution on Sika
From application to a live, compliant bank in weeks, not years.
How it works
Four steps, all on a single audited core banking ledger.
- 1
Screen
Customers and transactions are screened against sanctions and PEP lists in real time.
- 2
Detect
Velocity and behaviour rules raise alerts on suspicious patterns.
- 3
Investigate
Alerts route to a case queue; an analyst investigates with full customer and ledger context.
- 4
Dispose
A second reviewer approves the disposition (clear, escalate, report), all logged immutably.
AML & Sanctions: FAQ
What is AML screening software?
AML (anti-money-laundering) screening software checks customers and transactions against sanctions and PEP watchlists, monitors for suspicious patterns, and records a defensible audit trail. Sika runs this inside the core banking platform so screening has full ledger and customer context.
Does Sika do transaction monitoring?
Yes. Velocity and behaviour rules flag suspicious activity and raise alerts into a maker-checker case queue, with every decision logged for examiners.
How does maker-checker work in Sika?
Sensitive actions (dispositions, overrides, high-value operations) require a second authorised reviewer to approve what a first user initiated — enforcing segregation of duties in code.
Launch your institution on Sika
From application to a live, compliant bank in weeks, not years.