Sanctions screening in capital markets and treasury extends beyond conventional checks on payments, people and legal entities. Firms need to identify exposure inside securities, issuers, funds (including ETFs), indices, structured products, derivatives and custody positions. They also need to track changes as sanctions regimes, ownership structures and instrument composition shift. That creates a different control problem from name screening alone when the restricted exposure may sit several layers down in a fund holding.
For buy-side, sell-side and treasury teams, the challenge is compounded by fragmented data. Sanctions lists identify entities and people while trading and investment workflows depend on a growing list of asset types, issuers, ultimate beneficial ownership, identifiers, fund constituents, index members and sectoral restrictions, among others. The following companies address this critical element of the sanctions-control stack.SIX’s Sanctioned Securities Monitoring Service (SSMS) is designed for firms that need to identify sanctions exposure at the level of securities, issuers and investment products. The service covers national, international and sector-specific sanctions and watchlists, including regimes issued by the United Nations, European Union, Office of Foreign Assets Control, United Kingdom and Hong Kong authorities.
SIX says the service detects direct and indirect exposures through ETFs, funds and structured products, with daily updates and historical sanctions data for retrospective analysis and audit trail management. Its SSMS Funds Module extends the service into fund and ETF look-through, scanning more than 12,500 ETFs and 200,000 funds to identify sanctioned securities, including multi-layered holdings. SIX says reports show each affected component, its weight, jurisdiction and relevant sanctions order, giving compliance and investment teams a clearer view of where sanctions exposure may sit inside an investment product.
SIX’s SSMS won Best Sanction/Watchlist Screening Solution in the 2026 RegTech Insight Awards (Europe)
FinScan Securities addresses sanctioned-securities risk that may be embedded in financial instruments, associated companies and ownership links. FinScan says the solution combines screening technology and sanctioned-securities data from providers to uncover potential sanctions violations hidden in trading books and securities inventory. It identifies associated companies, securities and connections between domiciles, companies and individuals, then aggregates results into a consolidated list with review workflow, reporting and audit trail.
FinScan’s describes the control challenge as identifying sanctions risks hidden within investment holdings, trading activity or securities inventory, including equities, structured products and derivatives. The product sits alongside FinScan’s wider anti-money laundering and sanctions-screening suite, which includes screening, data management, case management and workflow capabilities.LSEG’s Sanctioned Securities Data File combines financial instrument data with World-Check sanctions intelligence to help firms identify direct and indirect sanctions exposure. LSEG says the data file delivers a consolidated list of financial instruments associated with explicitly and implicitly sanctioned entities, using structured identifiers, World-Check categorisation and keywords that can be integrated into trade surveillance, portfolio monitoring and screening systems.
The product covers a wide range of financial instruments, including equities, fixed income, structured products and derivatives. LSEG describes key use cases for fund managers and wealth managers, including pre-trade screening to identify direct and indirect links to sanctioned entities and monitoring securities already held that may become non-compliant as sanctions change.
Kharon’s sanctioned-securities content is aimed at banks, traders and investment management firms facing exposure to assets linked to sanctioned individuals, entities or jurisdictions. Kharon defines sanctioned securities as financial instruments including stocks, bonds, derivatives, mutual funds and ETFs that are associated with sanctioned individuals, entities or governments. Its Sanctioned Securities data product says it screens more than 18 million active securities and constituent holdings of more than 300,000 funds, allowing users to identify potential exposure to sanctioned issuers and securities.
Kharon also describes asset-management coverage across public equities, fixed income, ETFs, non-exchange traded funds, private equity, venture capital and alternative investments. The company says its platform goes beyond matching issuers to published sanctions lists by helping firms identify and manage compliance and investment risk driven by sanctions, global controversy topics and geopolitical competition.
S&P Global Market Intelligence
S&P Global Market Intelligence provides sanctioned-securities screening and regulatory data designed to identify securities linked to sanctioned entities and indirect exposure through investment products. The Sanctioned Securities Screening Solutions identify securities linked to entities subject to sanctions issued by different jurisdictions.
S&P Global Market Intelligence describes itself as a composition aggregator and says the solution provides look-through to identify indirect exposure through indices, ETFs, exchange-traded notes and mutual funds. Its marketplace dataset lists coverage of more than 10,000 ETFs, 600,000 index variants, 350,000 mutual funds and 30 million derivatives for sanctions and thematic screening, with daily file delivery.
Moody’s sanctions compliance and screening solutions combine sanctions list screening, ownership and control analysis, network review, sanctions monitoring and sanctioned-securities screening. The Moody’s sanctions solution set includes Grid for Screening, Sanctions360, company data, ownership and control analysis, and sanctions updates. Grid for Screening is designed to support sanctions screening against relevant global sanctions lists and watchlists.
Moody’s says that while some securities are identified on sanctions lists, coverage is not always robust, and organisations are generally expected to assess whether a security may be linked to a sanctioned issuer. Moody’s sanctioned-securities screening solution supports review of securities issued by entities subject to sanctions and securities issued by entities that may be indirectly affected by sanctions. Moody’s also offers an exposure check that allows users to upload a portfolio and cross-reference it with Moody’s ownership, watchlist and sanctions data.
Summing up
These six providers were selected because their public materials address sanctions screening at the level of securities, financial instruments, issuers, ownership links, funds, ETFs or portfolio exposure. That distinguishes them from vendors focused mainly on payments, customers, counterparties or sanctions-alert workflow. For capital markets firms, the critical issue is whether restricted exposure can be identified inside structured products, funds including ETFs and other complex financial instruments.
If you are a RegTech company and believe your solution should be included on this list, please contact us at pr@a-teamgroup.com.
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