What are PEP Settings?
PEP settings control how Strise screens your entities for Politically Exposed Persons (PEPs) and their Relatives and Close Associates (RCAs). These settings let you decide which data sources to use, how strictly names are matched, how matches are scored, and how long PEP status is kept after a role ends.
You can find these settings under Settings > PEP in the app. Only team managers can make changes here.
1. PEP Sources
Choose which data providers Strise uses when screening for PEPs. Two providers are available:
Trapets Nordic Edge – leading coverage for Nordic PEP data (enabled by default)
Dow Jones – leading coverage for global PEP data (enabled by default)
You can enable or disable each provider independently. If a source is disabled, entities will no longer be screened against that provider's data.
2. Matching
This controls how strictly Strise compares entity names to names on PEP lists.
Minimum fuzzy name match percentage (default: 97%, range: 90–100%)
A higher value means stricter matching — fewer results, but higher confidence
A lower value means looser matching — more results, but also more potential false positives
3. Scoring
Scoring determines how Strise calculates how closely a potential match resembles a known PEP. You can adjust the importance (weight) of different data fields:
Data field | Default weight | What it does |
Name | 100 | How much name similarity affects the score |
Birth date | 100 | How much an exact birth date match affects the score |
Birth year | 100 | How much a birth year match affects the score |
Country | 50 | How much a country/nationality match affects the score |
The final score is a weighted average across all matched fields.
Suggested true match threshold (default: 80%, range: 50–100%)
Hits at or above this threshold are flagged as suggested true matches. Hits below it are flagged as suggested false matches.
Missing name penalty (disabled by default)
An optional penalty that reduces the match score when a PEP record has fewer name components than the entity being screened. This helps reduce false positives where short PEP names match longer entity names.
4. PEP/RCA Retention Period
This setting controls how long an entity stays flagged as a PEP or RCA after their official role has ended.
Default: 18 months
Range: 0–600 months (0–50 years)
Many regulations require that PEP status is maintained for a period after someone leaves their position. Your compliance team should set this based on the rules that apply to you.
5. How Changes Affect Monitoring
When you update your PEP settings:
The new configuration takes effect at the next screening run
Changes to the retention period may cause entities to gain or lose PEP/RCA status
Changes to matching thresholds or weights may affect which hits are found and how they are categorised
Default Settings at a Glance
Setting | Default |
PEP sources | Trapets and Dow Jones (both enabled) |
Minimum fuzzy name match | 97% |
Name weight | 100 |
Birth date weight | 100 |
Birth year weight | 100 |
Country weight | 50 |
Suggested true match threshold | 80% |
Missing name penalty | Disabled |
PEP/RCA retention | 18 months |
For more technical details, visit the Strise Wiki.