Configuring Refinitiv World-Check One

Refinitiv World-Check One is a data provider you can use to run these checks:

  • PEPs and sanctions screening (individuals)
  • Sanctions and adverse media screening (companies)

PEPs and sanctions screening (individuals)

How it works

This is the default behaviour for a variant of the PEPs and sanctions screening check with Refinitiv World-Check One as the data provider.

The check is performed by screening an individual’s name and, when available, date of birth and nationality through Refinitiv World-Check One’s sources to provide a list of the individual’s potential matches to sanctions, politically exposed persons (PEPs), and (if you have access to Refinitiv World-Check One’s adverse media results) instances of adverse media.

If no potential matches are found for the individual, the check is marked Completed.

If any potential matches are found, the check returns Unresolved events and the matches are displayed in the check results. By default, all matches are displayed in the Potential matches list.

For every match that’s discovered, a detailed portfolio is displayed. This portfolio provides all available information from Refinitiv World-Check One about the match’s biography, associates, political exposure, events, and sources.

Any instances of adverse media are displayed in the match's sources.

This check variant is supported for all countries.

Any false positives filtered out by Refinitiv World-Check One aren’t displayed at all in PassFort. Contact Refinitiv World-Check One for more information about how they determine false positives and where you can see them.
To reduce false positives, provide the individual’s date of birth and nationality where possible.

Configuration options

You have the following configuration options:

  • Consider only results greater than or equal to this match strength (required): This option determines the strength of the matches returned by the data provider, as defined by Refinitiv World-Check One’s matching engine score. The value for the option must be one of the following: Weak, Medium, Strong, or Exact. To learn more about the matching engine score, see Refinitiv World-Check One’s Matching Overview Guide.
  • Enable ongoing monitoring (optional): When this option is selected, any time a new match is discovered by Refinitiv World-Check One, the check’s task is marked incomplete, and, if the profile’s application is approved, it’s put into review. When this option is deselected, new matches are only returned from Refinitiv World-Check One when a user runs the check manually or, if your policy specifies, when a new task version is added to the application. Learn more about monitored applications.
  • Ignore historical matches (optional): When this option is selected, PassFort removes any matches that Refinitiv World-Check One previously listed as politically exposed or sanctioned but are not on any current lists.
  • Name settings for false positives reduction (required): This is one of three options contributing to PassFort’s false positive reduction service. It determines how PassFort treats results returned by Refinitiv World-Check One when a result’s name does not match the name on the profile. The value for the option must be one of the following: Allow any matches, Allow close or exact matches, or Allow exact matches.
  • Date of birth settings for false positives reduction (required): This is one of three options contributing to PassFort’s false positive reduction service. It determines how PassFort treats results returned by Refinitiv World-Check One when a result’s date of birth does not match the profile’s date of birth. The value for the option must be one of the following: Allow any matches, Allow close or exact matches, or Allow exact matches.
If the profile doesn’t have a date of birth (e.g. the field was left blank), date of birth is not used as a factor in identifying false positives.
  • Country settings for false positives reduction (required): This is one of three options contributing to PassFort’s false positive reduction service. It determines how PassFort treats results returned by Refinitiv World-Check One when a result’s country of nationality does not match the profile’s country of nationality. The value for the option must be one of the following: Allow any matches, Allow close or exact matches, or Allow exact matches.
If the profile doesn’t have a country of nationality (e.g. the field was left blank), country of nationality is not used as a factor in identifying false positives.
To turn off PassFort’s false positive reduction service, set the Name settings for false positive reduction, Date of birth settings for false positive reduction, and Country settings for false positive reduction options to Allow any matches.

What we’ll need

Let us know that you’d like to add a variant of the PEPs and sanctions screening check with Refinitiv World-Check One and which configuration options you’d like to use. We’ll set it up for you.

We’ll also need:

  • Your Refinitiv World-Check One API Key.
  • Your Refinitiv World-Check One API Secret.
  • The ID number of the Refinitiv World-Check One group that you’d like PassFort to create cases in. This will define screening settings and logic.

For help getting this information, please speak to your Refinitiv World-Check One account manager.

The ID number of the group can only be obtained via the Refinitiv World-Check One API.

Testing your configuration

Once the check variant is configured, follow these steps in your demo environment to test whether it's working as expected.

  1. Does the check complete when no matches are returned from Refinitv World-Check One? To run the test, create an individual profile and run the check variant. If the check is marked Completed and no new matches are displayed in the check results, it’s working as expected.
  2. Does the check display PEPs matches returned from Refinitiv World-Check One? To run the test, create an individual profile with "PEP" in the first name or surname (e.g. "Alex PEP Wheeler"), and run the check variant. If PEPs matches are displayed in the check results, it's working as expected.
  3. Does the check display sanctions matches returned from Refinitiv World-Check One? To run the test, create an individual profile with "sanctions" in the first name or surname (e.g. "Alex sanctions Wheeler"), and run the check variant. If a sanctions match is displayed in the check results, it's working as expected.
  4. Does the check display adverse media matches and other matches returned from Refinitiv World-Check One? To run the test, create an individual profile with "refer" in the first name or surname (e.g. '"Alex refer Wheeler"), and run the check variant. If a match named "DEMO Refer" is displayed in the check results, it's working as expected. Click the name of the match and select Sources to see the instances of adverse media.
The test words are not case-sensitive.

These are the profile details searched in Refinitiv World-Check One’s sources:

Name

Description

First name(s) (personal_details.name.given_names)

Required

The individual’s first and, if applicable, middle names.

Surname (personal_details.name.family_name)

Required

The individual’s last name.

Date of birth (personal_details.dob)

Optional

The individual’s date of birth.

Nationality (personal_details.nationality)

Optional

The individual’s country of nationality.

Sanctions and adverse media screening (companies)

How it works

This is the default behaviour for a variant of the Sanctions and adverse media screening check with Refinitiv World-Check One as the data provider.

The check is performed by screening a company’s name and country of incorporation through Refinitiv World-Check One’s sources to provide a list of the company’s potential sanctions matches and (if you have access to Refinitiv World-Check One’s PEPs and adverse media results) PEPs matches and instances of adverse media.

Individuals who are company associates (e.g. shareholders and officers) are not screened as part of this check. To screen individuals automatically, create an associate smart policy for the task with a screening check for individuals. Learn how company associates are approved/rejected using associate smart policies.
To learn more about how PEPs matches for companies are determined, see Refinitiv World-Check One’s reference guide.

If no potential matches are found for the company, the check is marked Completed.

If any potential matches are found, the check returns Unresolved events and the matches are displayed in the check results. By default, all matches are displayed in the Potential matches list.

For every match that’s discovered, a detailed portfolio is displayed. This portfolio provides all available information from Refinitiv World-Check One about the match’s biography, associates, political exposure, events, and sources.

This check is supported for all countries.

Any false positives filtered out by Refinitiv World-Check One aren’t displayed at all in PassFort. Contact Refinitiv World-Check One for more information about how they determine false positives and where you can see them.

Configuration options

You have the following configuration options:

  • Consider only results greater than or equal to this match strength (required): This option determines the strength of the matches returned, as defined by Refinitiv World-Check One’s matching engine score. The value for the option must be one of the following: Weak, Medium, Strong, or Exact. To learn more about the matching engine score, see Refinitiv World-Check One’s Matching Overview Guide.
  • Enable ongoing monitoring (optional): When this option is selected, any time a new match is discovered by Refinitiv World-Check One, the check’s task is marked incomplete, and, if the profile’s application is approved, it’s put into review. When this option is deselected, new matches are only returned from Refinitiv World-Check One when a user runs the check manually or, if your policy specifies, when a new task version is added to the application. Learn more about monitored applications.
  • Ignore historical matches (optional): When this option is selected, PassFort removes any matches that Refinitiv World-Check One previously listed as politically exposed or sanctioned but are not on any current lists.
  • Name settings for false positives reduction (required): This is one of three options contributing to PassFort’s false positive reduction service. It determines how PassFort treats results returned by Refinitiv World-Check One when a result’s name does not match the name on the profile. The value for the option must be one of the following: Allow any matches, Allow close or exact matches, or Allow exact matches.
  • Date of birth settings for false positives reduction (required): This is one of three options contributing to PassFort’s false positive reduction service. It determines how PassFort treats results returned by Refinitiv World-Check One when a result’s date of incorporation does not match the profile’s date of incorporation. The value for the option must be one of the following: Allow any matches, Allow close or exact matches, or Allow exact matches.
If the profile doesn’t have a date of incorporation (e.g. the field was left blank), date of incorporation is not used as a factor in identifying false positives.
  • Country settings for false positives reduction (required): This is one of three options contributing to PassFort’s false positive reduction service. It determines how PassFort treats results returned by Refinitiv World-Check One when a result’s country of incorporation does not match the profile’s country of incorporation. The value for the option must be one of the following: Allow any matches, Allow close or exact matches, or Allow exact matches.
To turn off PassFort’s false positive reduction service, set the Name settings for false positive reduction, Date of birth settings for false positive reduction, and Country settings for false positive reduction options to Allow any matches.

What we’ll need

Let us know that you’d like to add a variation of the Sanctions and adverse media screening check with Refinitiv World-Check One and which configuration options you’d like to use. We’ll set it up for you.

We’ll also need:

  • Your API Key.
  • Your API Secret.
  • The ID number of the Refinitiv World-Check One group that you’d like PassFort to create cases in. This will define screening settings and logic.

For help getting this information, please speak to your Refinitiv World-Check One account manager.

The ID number of the group can only be obtained via the Refinitiv World-Check One API.

Testing your configuration

Once the check variant is configured, follow these steps in your demo environment to test whether it's working as expected.

  1. Does the check complete when no matches are returned from Refinitiv World-Check One? To run the test, create a company profile and run the check variant. If the check is marked Completed and no new matches are displayed in the check results, it’s working as expected.
  2. Does the check display PEPs matches returned from Refinitiv World-Check One? To run the test, create a company profile with "PEP" in the name (e.g. "iTraders PEP"), and run the check variant. If a PEPs match is displayed in the check results, it's working as expected.
  3. Does the check display sanctions matches returned from Refinitiv World-Check One? To run the test, create a company profile with "sanctions" in the name (e.g. "iTraders sanctions"), and run the check variant. If sanctions matches are displayed in the check results, it's working as expected.
  4. Does the check display adverse media and other matches returned from Refinitiv World-Check One? To run the test, create a company profile with "refer" in the name (e.g. "iTraders refer"), and run the check variant. If a match named "LUKOIL ENERGY & GAS ROMANIA" is displayed in the check results, it's working as expected. Click the name of the match and select Sources to see the instances of adverse media.
The test words are not case-sensitive.

Required and optional profile fields

These are the profile details searched in Refinitiv World-Check One’s sources:

Name

Description

Company name (metadata.name)

Required

The company’s name.

Country of incorporation (metadata.country_of_incorporation)

Required

The country in which the company is incorporated.


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