OFAC sanction screening
OFAC Checker is a robust OFAC sanction screening tool that automates business workflow by allowing unlimited OFAC checks on individuals and entities using any Salesforce object. Cloud Maven, Inc., a Salesforce Certified ISV Partner and the proud recipient of the 2021 Salesforce partner Innovation Award, has developed it.
The aviation industry has long been identified as a major target by OFAC. Without the permission of OFAC, you are not permitted to rent, buy, sell, or lease any aviation maintenance property or to sell or manufacture any aircraft product. Over the years, OFAC has sanctioned several civil aviation companies for their support of weapons of mass destruction proliferation, international terrorism, and human rights violations. Since 2018, OFAC has added more than ten entities to the SDN list This makes it difficult for businesses to determine a company’s compliance. At this critical juncture, OFAC Checker makes life easier. The application helps the aviation industry obtain an up-to-date database of all OFAC rules, regulations, and notices. It also supports batch processing and automated screening of individuals and entities. The app makes it simple for the aviation industry to identify a sanctioned individual or entity before engaging in any business transaction by screening against ten major OFAC databases.
Its features, such as continuous monitoring and scheduled screening, could benefit the aviation industry. It can help the aviation industry identify and mitigate potential risks associated with doing business with individuals or entities that are on the OFAC sanctions list. This can help protect the industry from potential financial losses or reputational damage. Its advanced reporting metrics display statistical data in charts and graphs. It includes a fully customizable dashboard for easy report interpretation and analysis. This OFAC compliance checking tool is available on Salesforce AppExchange for a free 30-day trial. Send an email to info@cloudmaveninc.com for any queries. Follow Cloud Maven, Inc. on LinkedIn, Twitter, and YouTube to know about the updates.
