isearch | SANCTIONS
isearch | SANCTIONS
Businesses are required to check their customer details against international sanctions lists, on an on-going basis, as it is prohibited to carry out transactions with a listed individual and/or organisation and/or countries. Also, you must know if a client is a PEP or an at-risk client due to harmful data. With this requirement, Comsure has a solution, as shown below.
ITrackAML and Sanctions solution
- With the above in mind, Comsure can assist you in UN/EU/HMT Sanctions (also consider OFAC) checks.
- We can also build in risk (e.g. PEP) and harmful news data if needed.
- The solution is known as ComsureITrackAML-Sanctions, and summarised below are some benefits
ITrackAML-Sanctions Offers value for money
- With our single pricing model (not per user); the size and complexity of your customer data dictate the costs not the number of users
- is a powerful, easy-to-use system that significantly reduces the time and effort to perform checks against the listed targets.
- It has a unique combination of capabilities that offers a practical and pragmatic solution to your requirements.
- Is developed on the Microsoft .Net platform and SQL server; this allows integration into your business systems.
ITrackAML-Sanctions is versatile and gives you:
- Rapid Implementation – Simply implement as a standalone application with the option to integrate directly with your existing systems later.
- Savings of Time and Effort – Our optimised search features and false-positive management take a fraction of the time to use compared with manual lookups and less sophisticated products.
- Security and Auditability – Client information remains stored within your network, and our audit trail function helps demonstrate that your organisation is compliant
ITrackAML-Sanctions will deliver :
- Knowledge – the capability to demonstrate compliance with audit trails
- Transparency – improved search features to reduce screening time
- Simplicity – integration directly with your existing systems
- Speed – ability to automatically generate reports
- Cost control – greater control and transparency over costs with a usage-based pricing model
ITrackAML-Sanctions will offer the following benefits:
- Accurate – Minimise false positives through our intelligent fuzzy search
- Quick – Massively reduce time spent screening targets
- Simple – Easy to learn and adapt without complex configuration
- Cost-Effective – Greater control and transparency with usage-based pricing
- Data protection – your client information is stored only on your network helping to ensure the safety of your data