Sanctions and Adverse Media Screening: Make screening easy, automated, and always up to date with the S&P Global Entity Insights Solution

Entity due diligence can be a time consuming and tedious activity, but it is essential that you get it right to secure your supply chain. A supplier with issues could disrupt a critical service or put you in an embarrassing situation based on unethical, rogue, or even criminal behavior. You need to avoid unwanted surprises with a reasonable effort and in a cost-effective manner.

Sanctions violation can be expensive and unnecessary.

Sanctions are levied by practically every country, with local flavors, and violating them can be expensive. In 2021, for example, ING Bank N.V was assessed with a USD 619 million penalty for allegedly moving billions of dollars on behalf of sanctioned Cuban and Iranian entities.

Negative news about your suppliers could be an indicator of performance issues, or simply problematic consequences for your organization. The Panama papers of 2016, an unprecedented leak of 11.5 million files from the database of the world's fourth biggest offshore law firm, revealed the names of many companies and influential individuals involved in advanced tax evasion. They forced out the prime minister of Iceland and raised uncomfortable questions for many more.

Automation of reliable big data is key.

At S&P Global Market Intelligence, we know that data is only good if it is accurate, current, and deep. Our Sanctions Solution provides single-source access to over 28 million entity records, including reference data for controllers, top executives, board members, and ownership. The ability to screen for sanctions and adverse media in over 70 global sources provides insight into your suppliers and comfort that they meet your standards. Continuous monitoring of changes enables you to stay ahead of developments, plus reduce the burden of manual refresh cycles with automated identification and notification in real-time.

Our Sanctions Solution is also available on a stand-alone basis.

Sometimes you need to screen entities or individuals for sanctions and adverse media coverage on an ad-hoc basis. If you have reference data already, or just want to check something you heard on the news, simply access the solution and obtain results in minutes.

Fully integrated in your environment via an API, platform, and reports.

Our solutions are fully enabled with APIs to easily request screening and retrieve results in an automated fashion. In addition, our easy-to-use platform supports straightforward searches and requests. The results are also available via reports that can be shared with risk committees or downloaded and stored as evidence.

Request a 30-Day Free Trial of Entity Insights and Sanctions >

For more information about the integrated Sanctions Screening or Entity Due Diligence solutions, please contact peter.pernebo@spglobal.com or visit spglobal.com/EntityInsights.

S&P Global provides industry-leading data, software and technology platforms and managed services to tackle some of the most difficult challenges in financial markets. We help our customers better understand complicated markets, reduce risk, operate more efficiently and comply with financial regulation.

This article was published by S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global.