OFAC Checker: Sanctions List Search Tool | U.S. Department of Treasury
OFAC screening is one of the most important aspects of any company, especially one that operates in the United States. If a company violates the OFAC guidelines, it could face serious consequences. To avoid this risk, make certain that you deal with clients who are not on the OFAC sanctions list or from embargoed nations. But how can you identify if you have a client list of thousands? It is exhausting to screen manually by entering each individual’s or entity’s information into the OFAC website and manually searching for a match. This is when OFAC Checker comes into the picture. It is a powerful and reliable OFAC screening solution developed by Cloud Maven, Inc. to help businesses screen their existing and prospective clients against the most recent sanctions list to ensure their compliance.
OFAC Checker allows businesses to run unlimited OFAC checks on individuals and entities automatically/manually using any Salesforce standard or custom object. It ensures that your sanctions watchlist is updated and all of your clients are compliant with OFAC regulations. Its advanced reporting metrics provide a comprehensive report on clients’ activities via charts and graphs that are easily interpreted and monitored by a fully customizable dashboard.
The application automatically monitors individuals and entities to see if their status has changed. It is routinely updated with new OFAC rules and regulations from all agencies. An OFAC check requires the name of an individual or entity. It takes roughly 20 minutes to install and configure the application. It automates the screening process, eliminating human error while saving time. OFAC Checker verifies a person’s name, address, date of birth, and SSN/SSI number before optimizing matches to reduce “False Positives.” To avoid screening duplication, profiles tagged as “False Positive” remain marked for all subsequent searches. To book a 30-day free trial, please contact us at email@example.com. For more information, go to https://www.cloudmaveninc.com