New release of Screening

The new release includes the following new features:
 

New screening lists expand your compliance coverage

We’re adding three new screening lists, providing you with broader coverage to support your compliance efforts and offer more information about your customers and counterparties. 

These additions not only help you stay aligned with regulations but also improve the quality of your due diligence, reducing risk across your onboarding and monitoring processes.

UK Companies House

You can now access company information from the UK through Companies House. This list includes:

• Company name and number
• Incorporation date
• Legal status
• Registered office address

It also includes details about People with Significant Control (PSC), such as:

• Full name, birth month/year, nationality
• Type of control (e.g., shareholding, voting rights, influence)

This list helps you identify whether companies or their controllers are subject to sanctions. If you work with UK-based entities, it’s a valuable source of ownership and registration data.

Dow Jones SCO (Sanctions, Control, Ownership)

We’re expanding our partnership with Dow Jones to include its SCO (Sanctions, Control, and Ownership) data in our sanctions screening offering. The SCO data can help bring clarity to complex ownership networks for sanctioned companies.

Incorporating SCO data into your workflow supports stronger risk decisions and aligns your controls with international requirements, including OFAC’s 50 Percent Rule and EU/UK control-based regimes.

This list covers companies owned or controlled by individuals or entities under sanctions by:

• The U.S. Department of the Treasury (OFAC)
• The European Union
• The United Kingdom

The SCO list helps you identify:

• Entities owned by sanctioned individuals (50 %+)
• Entities controlled by sanctioned individuals or organizations
• Those linked through management roles or influence

Dow Jones flags relationships even when full ownership details aren’t available. These links are classified as “Associates” when appropriate.

Using this list can help you:

• Comply with OFAC’s 50 Percent Rule
• Meet EU and UK control-based sanctions requirements
• Avoid screening gaps by covering both direct and indirect sanctions risks.

Instant EU Sanctions List

To support the new SEPA Instant Payment Regulations, we have launched the Instant EU Sanctions List. The regulation requires anyone processing EUR transactions to screen customers immediately whenever the EU updates its sanctions. Our new list makes this possible by pulling updates from the EU’s Official Journal every 30 minutes, giving you near real-time access.

Even if the regulation does not directly bind you, the Instant EU Sanctions List provides faster access to EU decisions, strengthening both onboarding and daily screening.

Access the new lists
Contact us to learn more and start using them in your compliance processes.

Screen transactions instantly without losing accuracy

Our upgraded screening engine now delivers faster results and greater precision, helping compliance teams keep pace with instant payment requirements. By storing sanctions data in memory instead of relying on repeated database calls, the system evaluates transactions in real time. This means quicker responses and immediate detection of sanctioned individuals or entities, essential for schemes like SEPA Instant.

We’ve also improved how the platform interprets transaction text. Beyond predefined fields, the engine now processes unstructured content such as counterparty names, bank details, and free-text notes. This makes it easier to detect risk indicators that could otherwise be missed.

Together, these updates allow financial institutions to identify and block risks earlier, act with greater confidence, and meet regulatory expectations without slowing business.

Enhanced UBO insights for Nordic companies

Trapets Company Information lists now give you a clearer view when Ultimate Beneficial Owner (UBO) details are missing in Nordic countries. Instead of returning an empty result, the lists explain why information is unavailable, for example, incomplete or incorrect filings, or legal exemptions. These details, previously available in our older OwnAndRep lists, are now included in CompanyInformation_SE and CompanyInformation_DK.

This means that when you onboard or monitor a company, you see both whether UBO data exists and why it may be absent. The result is stronger compliance processes, fewer doubts, and less manual investigation.

Fuzzy Date of Birth matching for improved screening accuracy

We are introducing fuzzy date of birth matching to improve screening accuracy. This optional feature addresses issues such as swapped day and month values, partial dates, or small entry errors. It expands the date of birth field by five years in either direction, ensuring genuine matches are not missed due to data quality problems.

For example, a person born on 10 May 1981 would also be flagged if records list their birthdate between 1976 and 1986. By tolerating these variations, the feature helps uncover potential risks across jurisdictions and sources. At the same time, it may generate more alerts, since the date of birth is usually a strong identifier.

If you want to enable fuzzy matching, please contact us to get access.

Detailed release notes are available on the Trapets Developer Portal

Detailed release notes are available on the Trapets Developer Portal.

If you do not yet have access to the Developer Portal, please contact us via our Support Portal.