GSS

GSS (Global Screening Services) is a network-driven managed service for sanctions screening, delivering safer, faster, cheaper, and comprehensive transaction screening for financial institutions. The platform is standards-driven with industry-defined standards, platform-led with a shared managed service that improves for all users, cloud-native with on-demand scalability, and AI/ML powered for improved alert quality and reduced operational cost. GSS provides configurable and secure client-led customization that delivers precision without compromising standards. The platform has helped Absa reduce false positives by up to 44% through sanctions screening transformation, and is supported by regulators and trusted by the industry as the default for screening transactions for sanctions risk. Founded in 2021, headquartered in London, United Kingdom, The company has raised $47.0M at the Series A stage, backed by investors including AlixPartners, The Cynosure Group, MUFG, MUFG Bank, Lakeview Family..