Case Study: Cecabank improves sanctions screening efficiency with SymphonyAI

Cecabank revolutionizes its sanctions screening solution

Cecabank, a prominent Spanish bank focused on securities services, treasury management, payments, and digital solutions, needed a more comprehensive and customizable way to strengthen its financial crime prevention efforts. The bank wanted sanctions screening tailored to the distinct demands of both wholesale and retail banking operations.

SymphonyAI implemented an advanced sanctions screening solution through its NetReveal platform, giving Cecabank customizable watchlist management and a single-screen interface to investigate alerts more efficiently. SymphonyAI helped reduce investigation time and cost without compromising coverage, while also supporting Cecabank in adapting to changing regulatory requirements and preparing for future machine learning and AI capabilities.

Cecabank

Maria Jose Molina

Head of AML