Sandbar is an all-in-one, self-service Anti-Money Laundering (AML) platform designed to provide comprehensive, configurable, and autonomous screening solutions. It enables businesses to implement effective AML systems swiftly, with the flexibility to choose from various components tailored to their specific needs. Users can start screening in as little as 10 minutes, either independently or by booking a demo to explore the platform's capabilities.
Key Features and Functionality:
- Full Stack Modules: Sandbar offers a suite of modules, including best-in-class data sources, a highly configurable engine, and an autonomous alert management system, all accessible through a single API.
- Global Data Coverage: The platform provides access to over 500 sources across 275+ countries, allowing users to incorporate their own data as needed.
- Configurable Engine: Users can segment customers, configure rules, and apply suppression filters to tailor the screening process to their business requirements.
- User-Friendly Interface: The interface facilitates task assignment, escalation, and documentation, enhancing team collaboration and efficiency.
- Rapid Compliance Setup: Businesses can achieve compliance in three simple steps: sign up without commitment, upload customer data via various methods (API, CSV, manual input), and create rules to start screening.
- Flexible Pricing: Sandbar offers a 14-day free trial with 5,000 screens, and subscription plans starting at $500 per month, including features like OpenSanctions data, configurable rules, case management, AI summaries, performance metrics, and data exports.
Primary Value and User Solutions:
Sandbar addresses the critical need for efficient and effective AML compliance by providing a scalable and customizable platform. It reduces the time and resources required for businesses to implement robust AML systems, thereby enhancing operational productivity. By offering a comprehensive suite of tools and features, Sandbar empowers organizations to detect and prevent financial crimes more effectively, ensuring compliance with regulatory standards and safeguarding the integrity of the global financial system.
