Compliance screening made easy
Pascal comes as a Software-as-a-Service solution. This means Pascal is flexible, scalable, always up to date and optimally secure. No up-front investment is needed, except for implementation and training. This makes Pascal highly cost-efficient considering the yield on process efficiency.
Any questions? We are here to help!
Threefold support
Pascal is easy to implement. A one day training session is all your staff need to get started. Once on the job, Pascal’s extensive help function is just a click away, providing illustrated, step-by-step instructions. But sometimes there’s nothing that solves problems quicker than some human assistance. So we offer users a live chat option, too. Our helpdesk staff are always available during office hours. No tickets, no long waits. That’s what we call: compliance made easy.
The way you want it
Pascal is highly customisable. Data sets, monitoring alerts, dashboards, and more can be tweaked to suit your organisation’s needs. Create your own, tailored Pascal!
Always getting better
Our team is continuously working on ways to make Pascal even better, based on input from our users. We like a challenge! If you tell us what would improve your workflow even more, we’ll focus on making it happen. With regular updates, we keep you informed of the latest features we’ve added.
Specs
Pascal is a whole new approach designed for today’s AML, KYC and CDD challenges, dealing decisively with legacy issues. Being AI-driven, its search results are faster and more relevant than those of other screening tools. The consistency, quality and explainability of Pascal results are validated by its ISAE-3402-II control framework, certified by a big four auditing firm. And Pascal is extremely easy to use. All in all, it’s the most efficient solution on the market. Here’s a quick run-down of the advanced technology inside, and the resulting benefits that other tools lack.
Pascal technology
Accelerate growth and manage risk with real-time intelligence on the companies that matter to you with our cutting-edge technology:
- Proprietary Vartion AI-powered search engine
- Proprietary data lake with global sanctions, PEP, adverse media, ICIJ and corporate register list. PLUS millions of globally posted media articles, continuously updated from public sources and proactively tagged.
- AI-technology “reads”, analyses, interprets and translates news articles, analyses and interprets context and identifies adverse media, indicates risk and sentiment.
- AI technology translates and summarises articles in multiple (over 50) languages
- Self-learning
- Advanced platform technology
- Developed with continuous input from risk, compliance, legal, forensic and finance professionals
- State of the art interface design developed by UI and UX experts
Unique benefits
Pascal uses AI-techniques to support KYC and CDD management as well as other screening processes.
- Computing power to support both onboarding and 24/7 monitoring
- Immediate results
- More relevant hits
- Always up to date
- Fewer false positives
- Hits arranged in order of confidence, risk and relevance
- Increasingly accurate relevance predictions
- Allows efficient collaboration in teams and with auditors
- Tailored to fit seamlessly into daily compliance decision practice
- Intuitive user experience, minimal training needed
For managers
Pascal quickly provides insight into your overall risk level, allowing you to make the best possible management decisions.
Specs
- Fewer false positives (up to 60%), higher efficiency
- High-speed search and analysis, fast results, greater efficiency
- Optimised user experience, developed with input from risk, compliance, legal and finance professionals
- Client acceptance as well as 24/7 monitoring
- Continuously learning and improving
- Tailored to fit seamlessly into daily compliance decision practice
Manager benefits
- Computing power to support both onboarding and 24/7 monitoring
- Hits arranged in order of confidence, risk and relevance
- Allows efficient collaboration in teams and with auditors
- Powerful relevance and confidence scoring
For officers
Pascal streamlines your daily compliance screening operations and provides the information you need to make well-founded compliance decisions.
Specs
- High-speed search and analysis, fast results, greater efficiency
- Optimised user experience, developed with input from finance and risk professionals
- Client acceptance as well as 24/7 monitoring
- Continuously learning and improving
Officer benefits
- Immediate results and always up to date
- More relevant hits and fewer false positives
- Allows efficient collaboration in teams and with auditors
- Intuitive user experience, minimal training needed
Questions & Answers
What is Pascal?
Pascal is a compliance support platform. It’s a user-friendly tool that staff in financial services companies can use, individually or as a team, as part of their KYC and CDD processes. It can be used more broadly to screen potential clients and business partners in and outside the financial sector.
Who is behind Pascal?
Pascal was made by a young data analytics company called Vartion. Vartion’s AI-powered search engine, was already helping scientists around the world find relevant content in millions of scientific articles. But now, with financial professionals on board and with input from partners like KPMG, EY, Loyens & Loeff and Microsoft, this technology is being harnessed to provide financial industry players with unique support for compliance decisions.
What does Pascal do?
Pascal quickly provides information on clients that’s detailed, reliable, relevant and consistent, so that screening staff can take well-founded decisions.
How does Pascal do this?
Pascal intelligently checks clients/third parties and flags any potential compliance issues. Pascal runs a name check against all publicly available PEP and sanctions lists, but also against publicly available media in multiple languages.
Checks can be completed in a matter of seconds. An ideal and user-friendly tool for individual or mass onboarding of clients.
Pascal can also perform 24/7 monitoring on selected clients.
What does Pascal use to achieve this?
Pascal uses
- Its own huge and steadily growing database, scraped daily from publicly available
media in multiple languages – including sources like Wikileaks, the Paradise Papers, etc. - A powerful self-learning search engine developed in house, with artificial intelligence
technology that enables it to actually read and understand running texts and extract
relevant information.
How exactly does Pascal check on adverse media?
Pascal does not use traditional search technology to spot entities and keywords, but AI to actually “read” the context. Pascal:
- Finds entities and keywords regardless of spelling variations in different languages
- Recognises homonyms, i.e. the difference between “he was fine” and “he received a fine”
- Recognises semantic equivalents. For instance, the Sexual Crime tag will also turn up
“XYZ patted me on the lower back in the elevator” - Shows only one hit for identical articles in multiple media
What makes Pascal better than other compliance solutions?
Pascal
- Produces fewer false positives
- Uses AI-driven adverse media tagging
- Uses a proprietary data lake of media, guaranteeing extremely fast search
- Features powerful relevance and confidence scoring
- Is extremely easy to use
- Has been developed by finance and risk professionals as well as IT experts
Why do companies need Pascal?
- Increasing (adverse media) risks as a result of exploding data-volumes
- Stricter legislation and regulations
- Higher risk of prosecution and fines
- For staff, screening-process is becoming increasingly time-consuming and complex