3 Introduction to Matching

Oracle Financial Services TBAML provides a flexible and customizable strategy for matching customer records to watch list records. Sanctions screening typically requires the business to employ tightly-defined, zero tolerance matching policies which will identify every possible match against a sanctions list.

Oracle Financial Services TBAML therefore employs a range of clustering strategies and matching rules. These can be enabled and disabled as needed, to tune the behavior of Oracle Financial Services TBAML to your requirements.

In general, the looser the match rule, the more likely it is to raise false positives. It is not possible to eliminate all false positives, especially if there is a requirement to identify all true matches. Tuning the matching strategy is therefore a trade-off between the proportion of true matches which are not detected and the work required to manually eliminate false positives. This will be evident in the examples in this document.