Case Study: Vialet achieves 10x sanctions screening efficiency with AMLYZE

Vialet - Customer Case Study

Vialet, an institution for electronic payments operating in Lithuania, needed to ensure its automated sanctions screening was both effective for compliance and efficient to avoid being overwhelmed by false positives. The company turned to the vendor Amlyze to conduct a synthetic data test of its proposed screening solution to quantitatively assess its performance before implementation.

Amlyze employed a standardized testing methodology using synthetic data to evaluate the screening algorithms. The results demonstrated that Amlyze's solution achieved an optimal balance, ensuring high effectiveness in identifying true matches while drastically improving efficiency. Vialet reported that implementing Amlyze's solution led to a 10x improvement in their sanctions screening efficiency while preserving accuracy.

Vialet

Lina Slavikaite

Chief Compliance Officer & Board Member