Accuracy and consistency improvements for person searches

This release includes targeted improvements to several secondary, non-Global Name Matching (GNM), person-name search algorithms. These updates deliver enhanced matching accuracy and consistency between inquiry and Portfolio Monitoring (PM) searches, while maintaining reliable and comprehensive Critical Watchlist matching. 

Reduced false positives in Critical Watchlist searches

Expanded support for full-name compressed searches

Improved consistency between inquiry searches and Portfolio Monitoring

The Critical Watchlist search and the Unprocessable Name search have been aligned to produce more consistent results across inquiry and PM workflows, reducing discrepancies between the two use cases.

Replacement of legacy OFAC Fuzzy Matching with Basic Fuzzy Matching Critical Watchlist Search

The legacy OFAC-centric, suggestion-based Fuzzy Matching component has been removed and replaced with a more predictable and intuitive mechanism. Basic Fuzzy Matching Critical Watchlist Search, also known as Basic Fuzzy Critical, provides a straightforward, well-defined level of fuzzy matching against all critical watchlists for organizations.

The new Basic Fuzzy Matching Critical Watchlist Search has several advantages over the previous mechanism, including:

• Improved recall across all critical watchlists, including better coverage beyond OFAC-only lists
• Improved precision across organization searches
• Marked performance improvements for most organization searches
• More intuitive and consistent matching behavior
• Unified matching behavior across workflows, as this functionality will shortly be enabled for Portfolio Monitoring as well as inquiry searches, improving consistency across use cases

This release also includes updates to the GNM rescoring step to ensure more consistent behavior across inquiry searches and Portfolio Monitoring.

For non-critical Grid matching, you may experience a reduction in fuzzy matching, but should see an overall improvement in accuracy, consistency, and performance. If you are interested in a higher level of fuzzy matching for non-critical organization matching, consider enabling the Organization Spellchecker. For critical watchlist organization matching, if you require more than a basic level of fuzzy matching, consider enabling the existing Advanced Fuzzy Critical Search feature.

Name-matching system recognizes additional French titles

This release enhances our name matching system by expanding the set of French titles similar to “M. OU MME” that are recognized as honorifics in person name searches. These phrases are now treated as titles rather than as part of the name itself, improving the consistency and accuracy of matching when such titles are present. This enhancement applies only to person name searches; organization name searches are not affected. No additional actions are required to benefit from these improvements.

Expanded variant coverage for Frank

We have improved our person‑name matching to better recognize variants of the Frank / Francesco / Francis name family across languages and common nicknames. Recognition of these additional name variants will improve overall match quality and help reduce missed matches (false negatives) when different forms of the same given name are used. No action is required to benefit from these improvements.

Organization matching weight adjustments for Polish legal forms

We have made weight adjustments to reduce the scoring impact of the spółka, ograniczoną, and odpowiedzialnością Polish company type tokens. This improves the accuracy of matching for related names.