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Best OFAC Sanction screening tool

OFAC Checker is an application that automates business workflow by screening individuals and entities against the most recent OFAC sanctions list. This solution is developed by Cloud Maven, Inc., a certified Salesforce ISV Partner and winner of the 2021 Salesforce Partner Innovation Award. Insurance companies conduct OFAC checks to reduce the risk of providing coverage to an entity or individual sanctioned by the Office of Foreign Assets Control (OFAC). These checks assist insurance companies in identifying and avoiding business relationships with sanctioned individuals and entities. OFAC Checker helps insurance companies determine whether their clients are involved in terrorism, money laundering, or drug trafficking. OFAC Checker is used to determine whether or not a client is involved in anti-OFAC activities. It contains the most recent OFAC rules, regulations, and notices from all authorized agencies, assisting insurance providers in keeping their watchlists up to date and ready to counter future risks. It aids in determining whether the client complies with OFAC regulations. Using any Salesforce standard or custom object, the companies can conduct an unlimited number of OFAC checks on individuals and entities. Companies can easily screen all profiles and contacts at the same time using its batch processing feature and view the reports on a fully customizable dashboard. Additionally, the app supports continuous profile monitoring and an automated audit trail, which alerts users when their client’s profile status changes. It safeguards the business by ensuring that all applicable laws are followed. This OFAC compliance checking tool is available for a free 30-day trial on the Salesforce AppExchange. Contact info@cloudmaveninc.com or follow Cloud Maven, Inc. on LinkedIn and Twitter to get more info.






Best OFAC Sanction screening tool
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Best OFAC Sanction screening tool

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