A presentation to the Northern New Jersey ACAMS Chapter on effectively screening for negative news and adverse media.

1. Christian Focacci, CIO
TransparINT, LLC
Phone: (973) 251-9951
Email: chris@transparint.com
Web: http://transparint.com
Effectively
Screening for
Negative Media
Presented by
A Presentation to the Northern New Jersey ACAMS Chapter

2. 2
Importance of Negative Media Screening
• “Knowing your customer” is the foundation of an
effective AML program
• Pertinent derogatory information transcends
other high risk indicators
• It is extremely difficult to determine intent from
transactions alone
• It is a focus for regulators

3. 3
When & Who to Screen
Phase Screened Party Responsible Group
Onboarding
Customer
Co-signer(s)
Owner(s)
Senior Manager(s)*
Source of Wealth*
Beneficiary / Grantor*
Service Providers*
KYC / CDD / EDD
Periodic KYC Renewal
Same as the onboarding
phase
KYC / CDD / EDD
Transaction Monitoring
Customer
Co-signer(s)
Owner(s)
Counterparties
FIU / Transaction Monitoring
Periodic Monitoring
Same as the onboarding
phase
KYC / Negative Media
Monitoring Group
* Applicable to only certain client types

4. 4
Internet /
Open Source
Archived
News
Databases
3rd Party
Datasets
Sources of potentially negative information
• Websites
• News
• Blogs
• Sanction Lists
• Government
Watchlists
• Most Wanted Lists
• PEP Lists
• Curated Lists

5. 5
Internet
Archived News
Databases
3rd Party
Datasets
Data Overlap
Although the largest set of
available information is
accessible on the Internet, the
vast majority of AML, KYC,
and EDD groups lack the
tools to effectively and
systematically tap into this
resource.
This could expose a
financial institution to
tremendous regulatory and
reputational risk.

6. 6
Information Growth
“By searching only
Google, a searcher
can miss 72.7% of the
Web’s best first page
search results.” 1
1Different Engines, Different Results Web Searchers Not Always Finding What They’re Looking for Online.
Tech. N.p.: Dogpile.com In Collaboration with Researchers from Queensland U of Technology and the
Pennsylvania State U, n.d. Print. April 2007.
Digital Information Created Each
Year, Globally

7. 7
Challenges
• Volume of information
• Consistency / quality assurance
• Comprehensive and accurate search
logic

8. 8
Consistency & Quality Assurance
• Must be comprehensive and cover all areas
of available negative information
• Easy to use
• Ability to replicate results
• Audit Trail

9. 9
Contact TransparINT to learn more.
Christian Focacci, CIO
Phone: (973) 251-9951
Email: chris@transparint.com
Keith Graham, CEO
Phone: (973) 251-9951
Email: keith@transparint.com
http://transparint.com
TransparINT provides financial institutions with a unified platform to identify
derogatory information.
Our data centric approach utilizes large-scale, real-time mining of multiple sources;
web, news, watchlists, etc., to identify actionable information from both structured
and unstructured data sources.