Release Notes - Version 4

Veriscan Version 4 Release Notes

Overview

Veriscan is a sanctions compliance software solution, that automates ongoing Know Your Customer (KYC) and Anti-Money Laundering (AML) sanctions checks.

Version 4 introduces several enhancements, functional updates, and optimizations to improve usability, efficiency, and scalability. These changes focus on streamlining workflows, enhancing data management, and providing more flexible navigation within the application.

Enhancements

  • Expanded Search Functionality on the Home Page: The search bar now supports querying both Case Records and Case Reports, allowing users to quickly locate relevant items. This replaces the previous functionality, which enabled direct searches against sanctions lists—a feature that was underutilized and less practical for most workflows.
  • User-Level Timezone Overrides: Users can now set a personal timezone preference that overrides the account's default timezone. This ensures more accurate timestamp displays tailored to individual users, particularly in global or distributed teams. Previously, only an account-wide timezone setting was available.
  • Bookmarkable Application Pages: Key application pages, such as Case Manager and Resolution, can now be bookmarked for direct access. As long as the user's authentication session remains active, these pages can be opened without requiring re-login. This improves productivity by enabling quick navigation via saved links or shared URLs. Examples include:
    • https://veriscan-uat.verizent.com/casemanager: Opens the Case Manager dashboard directly.
    • https://veriscan-uat.verizent.com/casemanager/688aea9945c0286f8b709234: Opens the specific Case Record with ID 688aea9945c0286f8b709234.
    • https://veriscan-uat.verizent.com/resolution: Opens the list of Case Reports.
    • https://veriscan-uat.verizent.com/resolution/688aea9945c0286f8b70922e: Opens the specific Case Report with ID 688aea9945c0286f8b70922e.

Functional Changes

  • Immediate Screening for New Case Records: All newly created Case Records are now screened automatically upon creation, with results returned immediately in the API response. This provides instant feedback and reduces delays compared to the previous approach in Version 3, where screening occurred only during scheduled daily batches.
  • Simplified Screening Frequency: Case Groups in Version 3 allowed custom screening intervals (e.g., daily or monthly). In Version 4, this setting has been removed to streamline operations—all Case Records are screened upon creation and whenever sanctions data is updated. This ensures timely compliance without manual configuration, eliminating the need for frequency settings and reducing administrative overhead.
    • As a result, the legacy History database table has been deprecated. It previously logged every screening instance, which consumed excessive storage space. Relevant historical data is now preserved more efficiently within each Case Record's associated Case Reports.
  • Activity Tracking in Case Reports: A new Activity record feature has been added to Case Reports, logging all related actions such as comments, re-assignments, and status changes. This enables advanced reporting and analytics, such as calculating the average time to review or resolve cases, helping organizations monitor and optimize their compliance processes.
  • Role-Based Access Improvements: Users no longer require the Case Manager Admin role to view cases in the Case Manager interface. However, certain administrative actions (e.g., archiving a case) remain restricted to admins. This change promotes broader team collaboration while maintaining security controls.

Functional Notes

  • Bulk Upload Screening Limits: When using the bulk Case Record upload feature, immediate screening is performed only for batches of up to 100 records. Larger batches are queued for screening during the next sanctions data update cycle to manage system resources effectively and prevent performance issues.

API Notes

  • Optimized Screening for Migrated Data: When submitting Case Records via the Case API, you can now include a "last screen date" parameter. During the initial screening in Veriscan, the system will exclude sanctions records predating this timestamp. This prevents redundant matches against previously reviewed data, which is especially beneficial for bulk data imports or migrations from other KYC/AML platforms. It helps avoid duplicate alerts and streamlines onboarding of historical records.
Data SourcesPostman