Configuring Monitoring Worklists

1. What’s New with Acuris V3

SILO’s integration with Acuris V3 allows precise monitoring configuration per profile type:

Create custom worklists for Individuals, Entities, and Trusts
Tune match thresholds and modes to reduce false positives
Target screening by risk score, profile data quality, or other criteria

All licensees with screening enabled should review and update their configuration.

2. Default Worklist Settings (New Licensees)

Profile Type	Threshold	Frequency	Matching Mode
Individual	85	Daily	Fuzzy
Entity	85	Daily	Fuzzy
Trust	85	Daily	Fuzzy

These defaults are a starting point. Adjust based on your data quality and risk model.

3. Worklist Setting Options Explained

Setting	Description
Name	Assign a clear label (e.g., "Individual – High Risk")
Type	Select profile type: Individual, Entity, or Trust
Threshold	Set match score from 1–100 (higher = stricter)
Matching Mode	Choose Fuzzy for flexibility or Strict for exact matching
Frequency	Recommended: Daily screening
DOB Required	Only returns matches with a DOB (Individuals only). Not recommended.
DOB Match Mode	Optionally allow match within ±1–5 years
Country Required	Only includes profiles with a country tag (does not compare countries)
Datasets	Select relevant Acuris datasets (see below)

Updated Guidance:
Requiring DOB can significantly reduce false positives for common names, but may exclude valid matches if data is incomplete.

4. Acuris Datasets Explained

PEP Datasets

PEP – All PEPs
PEP-CURRENT – Active PEPs only
PEP-FORMER – Former PEPs
PEP-LINKED – Associates of PEPs

Sanctions Datasets

SAN – All sanctions
SAN-CURRENT – Currently sanctioned
SAN-FORMER – Previously sanctioned

Other Risk Datasets

RRE – Reputational Risk
DD – Disqualified Directors
POI – Profiles of Interest
REL – Regulatory Enforcement
SOE – State-Owned Enterprises
INS – Insolvency (UK/Ireland only; can generate many false positives)

Remove irrelevant datasets (e.g., INS) to reduce screening noise.

5. When to Use Multiple Worklists

Using multiple worklists allows you to tailor screening behaviour to different types of profiles.

Common scenarios include:

Profiles with common names generating high volumes of matches
Profiles requiring enhanced due diligence
Differences in jurisdiction or regulatory exposure
Variations in data quality (e.g. verified vs unverified profiles)

6. Recommended Approach: Standard vs Precision Worklists

A practical and widely used setup is to maintain two types of worklists:

Standard Screening Worklist

Default for most profiles
Balanced Threshold and Fuzzy matching
Designed for broad, efficient monitoring

Precision Screening Worklist

Higher Threshold
Strict matching or tighter rules
Used for profiles with common names or excessive false positives

💡 This approach helps reduce noise while maintaining effective coverage.

7. Example: Worklist for Verified Low-Risk Individuals

Setting	Value
Name	Individual – Verified
Type	Individual
Threshold	92
Matching Mode	Strict
Frequency	Daily
DOB Required	No
Country Required	No
Datasets	PEP, SAN, RRE

Best for profiles sourced via eID or verified intake methods.

8. Moving Profiles Between Worklists

Profiles can be reassigned between worklists when screening behaviour needs to change.

Typical use cases:

Reducing false positives for common names
Applying stricter monitoring for higher-risk profiles
Aligning screening with updated risk assessments

Key points:

Only users with Senior Compliance permissions can move profiles
Changes typically take effect by the next working day
New worklists may take several hours (or overnight) to appear

9. Configuration Tips & Governance Requirements

Best Practices

Separate worklists by profile type
Use stricter settings for verified data
Use Fuzzy matching where name inconsistency is common
Use Precision worklists to manage high-volume match profiles

Governance Reminder

Worklist changes must be reviewed and approved internally

Ensure policies and procedures reflect:

When different worklists are used
When profiles should be moved between them
Who is authorised to perform these actions
SILO Support requires written sign-off from a Director or Senior Manager for configuration changes

10. Support & Optimization

Need help optimizing worklist accuracy?

Request sample hit reports
Get assistance tuning thresholds and dataset combinations
SILO can support bulk configuration requests

Contact: [email protected]

Managing Vessel Profiles