3 Entity Matching

This section details the default configuration when matching entities to Sanctions, PEP and EDD lists. In general, and by default, the matching strategy for entities in Oracle Financial Services Customer Screening will raise a possible match if there is an exact match or a fuzzy name match to a normal (non-acronym) entity name, or if there is an exact match to an acronym entity name.

The fuzzy entity name matching algorithms include the following techniques (amongst others):

• Standardizing entity names (for example, different forms of company name suffixes are standardized to a common form)
• Ignoring insignificant name tokens
• Typo tolerance
• Allowance for missing name tokens
• Allowance for different tokenization of the name