OFAC Checker: Ensure your customers’ compliance before making any deal

OFAC views non-compliance with sanctions as a serious threat to national security and foreign relations. As a result, those who violate OFAC sanctions without obtaining the necessary license may face severe legal consequences. This requires financial institutions to check their clients’ compliance with the updated sanctions list to ensure that they are not involved in any anti-OFAC activities or are from embargoed countries.

Cloud Maven, Inc. has created OFAC Checker to assist financial institutions in screening individuals and entities to ensure that the clients they are dealing with are compliant with OFAC and will remain so in the future. It is a user-friendly Salesforce-native application with numerous unparalleled features that helps accelerate the screening process while eliminating human error and saving cost and time. It performs unlimited OFAC checks on individuals and entities, either automatically or manually, using any Salesforce standard or custom object. It also supports batch processing allowing businesses to speed up the screening process and achieve their goals quickly.

OFAC Checker provides advanced reporting metrics that help obtain comprehensive reports of the profile with charts and graphs of each activity. With its fully-customizable dashboard, it is easy to interpret and track reports. The application takes a few minutes to set up and install. While most apps claim to provide reports in a day, the OFAC checker provides it in less than 10 seconds. Businesses can incorporate it into their existing workflows as a form of API.

OFAC Checker keeps your existing watchlists up to date with new sanctions lists, OFAC rules, regulations, and notices from all authorized agencies. The application is available on Salesforce AppExchange.

To request a 30-day free trial, please get in touch with us at info@cloudmaveninc.com

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