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OFAC Checker – An automated solution to check anti-money laundering and counter-terrorist financing services inside Salesforce

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Cloud Maven, Inc
OFAC Checker – An automated solution to check anti-money laundering and counter-terrorist financing services inside Salesforce

OFAC Checker is a Salesforce-native OFAC screening app that automates business processes by performing OFAC checks on individuals and entities using any Salesforce standard or custom object. This solution is developed by Cloud Maven, Inc., a Salesforce-certified ISV partner and winner of the 2021 Salesforce Partner Innovation Award. Knowing your customer is a huge challenge for financial institutions in the face of today's increasingly sophisticated financial crime and money laundering schemes, and the cost of non-compliance is high. OFAC Checker by Cloud Maven, Inc. is dedicated to assisting financial institutions in increasing efficiencies in their operations by removing the complexities of manual processes and the risks associated with human error. Another challenge for most financial institutions is that the OFAC sanctions list is constantly updated. OFAC Checker resolves this issue by providing regularly updated OFAC rules, regulations, and notices from all authorized agencies. Banks can use OFAC Checker to conduct an unlimited number of OFAC checks on individuals and entities, as well as batch processing to assist businesses in screening multiple profiles at the same time. It has a fully customizable OFAC dashboard to help businesses monitor and analyze reports. Its advanced reporting metrics provide them with consolidated reports on each activity in the form of charts and graphs. OFAC Checker also supports automated audit trails and continuous profile monitoring. FIs can use the app to keep their watchlists up to date with the most recent OFAC sanctions list. The application installs in minutes and generates real-time OFAC reports in under 10 seconds, saving time and effort. This sanction compliance checking solution also serves as an AML transaction monitoring app, assisting businesses in maintaining a record of all transactions. It is easy to use and can be incorporated into your existing workflow as an API form. This OFAC compliance screening app is available on Salesforce AppExchange. To get a 30-days free trial, please get in touch with [email protected]     

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Cloud Maven, Inc
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