Clustering

Oracle Financial Services Trade-Based Anti Money Laundering provides clusters for matching individuals and entities to watch lists during Sanctions screening.

These clusters can be activated or deactivated, as required, and different cluster limits can be configured. The following Cluster Methods can be used:

• Individual Family Name
• Individual Full Name Metaphone
• Individual Given Names
• Individual Full Name Trim
• Individual Initials
• Original Script Name
• Entity Name Tokens
• Entity Name Meta
• Entity Name Trim
• Entity Start End Name Tokens

Note:

This lists the default configuration of Real-Time screening processes, but these may be customized independently of one another.

The data used to create the clusters is created before matching by the preparation process. In all cases, the clusters use the prepared and normalized name attributes dnGivenNames, dnFamilyName , dnFullName, dnEntityName, and dnOriginalScriptName. For further information see Name Normalization.