Screening Request for Information (RFI) Processing

Transaction and name-screening operators routinely need to submit a Request for Information (RFI) to their customers, users, and counterparties.

They are seeking additional information to help accurately make decisions on sanctions or PEP alerts generated by a screening system. RFIs are submitted through email, customer portal, or service ticket applications. When responses are submitted, alert-review operators need to check dozens of document types, including bank statements, IDs, proof of address, corporate registries, etc.

WorkFusion tracks submissions, digitizes submitted documentation, uses extracted information to complete reviews of screening alerts, and provides robust analytics to allow operations leaders to track response times, document times, and other meaningful metrics.

Customers who viewed this use case also viewed

Adverse Media Monitoring (Negative News)
Streamline investigation of negative news and reduce the risk of regulatory penalties with WorkFusio...
Adverse Media Monitoring (Negative News)
Streamline investigation of negative news and reduce the risk of regulatory penalties with WorkFusion® Intelligent Automation solutions.
AML and OFAC Risk Assessment
Financial institutions need to compare their AML/OFAC inherent risks with their control environment ...
AML and OFAC Risk Assessment
Financial institutions need to compare their AML/OFAC inherent risks with their control environment on a regular basis. WorkFusion automates manual...
Know Your Customer (KYC) Refresh
KYC is an ongoing process that begins at onboarding and extends throughout the relationship. The res...
Know Your Customer (KYC) Refresh
KYC is an ongoing process that begins at onboarding and extends throughout the relationship. The responsibility for timely and fully compliant KYC pro...
Name Screening Alert Review for Sanctions and Politically Exposed Persons
Streamline the process of name screening alert review with WorkFusion® Intelligent Automation and re...
Name Screening Alert Review for Sanctions and Politically Exposed Persons
Streamline the process of name screening alert review with WorkFusion® Intelligent Automation and reduce cost and manual efforts involved in determini...
Payment Screening Alert Disposition
Streamline the manual review of alerts generated by your payment sanctions screening system with Wor...
Payment Screening Alert Disposition
Streamline the manual review of alerts generated by your payment sanctions screening system with WorkFusion's packaged automation solution.
Ultimate Beneficial Owner
Determine and assess the ownership and control structure of your client businesses faster and more a...
Ultimate Beneficial Owner
Determine and assess the ownership and control structure of your client businesses faster and more accurately with WorkFusion® Intelligent Automation.