The risk is an everyday reality in today’s business arena. Global organizations can be easily exposed to illegal funding sources, illegitimate suppliers, and unsavory personnel. The potential consequences are unacceptable – increased risk, hefty fines, loss of customer trust and a damaged corporate image.
Our solutions offer an integrated way to meet compliance requirements by automatically filtering and reviewing customer transactions for sanctioned-party violations and detecting suspicious activity. Our Regulatory Compliance solutions are offered either as stand-alone products or are integrated seamlessly throughout our hosted solutions, providing you with complete peace of mind by covering the following:
- The Office of Foreign Asset Control (OFAC)
- The U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN 314A)
- The Anti-Money Laundering Act (AMLA)
- Know Your Customer (KYC)
- Customer Due Diligence (CDD)