GSS is an industry-leading sanctions screening platform that helps financial institutions comply with global sanctions regulations. GSS is based on industry-defined standards and uses cloud-native technology to provide a more effective and efficient sanctions screening solution. Financial institutions provide data to GSS, such as transaction data, and GSS returns an alert if there is a match against a sanctions list. Financial institutions remain fully responsible for sanctions compliance, but GSS can help to streamline the screening process. GSS also allows financial institutions to configure the platform to meet their specific risk appetite.
| Product | Market Share (%) |
|---|---|
| Sanctions Screening | 3.6% |
| Nice Actimize Anti-Money Laundering | 15.3% |
| Feedzai | 10.8% |
| Other | 70.3% |
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