UN/EU/HMT Sanctions (also consider OFAC) apply to all transactions; there is no minimum financial limit. Businesses are therefore required to check their customer details against international sanctions lists, on an on-going basis, as it is prohibited to carry out transactions with a listed individual and/or organisation and/or countries.
iTrack sanctions can help meet this need and in doing so offers Value for Money – with our usage base pricing model, charges are directly related to the size and complexity of your customer data.
ITrack Sanctions Checker Overview
- Offers value for money
- is a powerful, easy-to-use system that significantly reduces the time and effort to perform checks against the listed targets.
- It has a unique combination of capabilities that offers an effective and pragmatic solution to your requirements.
- Is developed on the Microsoft .Net platform and SQL server that allows it to be easily integrated into your business systems.
ITrack Sanctions versatile capabilities give you:
- Rapid Implementation – Simply implement as a standalone application with the option to integrate directly with your existing systems later.
- Savings of Time and Effort – Our optimised search features and false positive management take a fraction of the time to use compared with manual lookups and less sophisticated products.
- Security and Auditability – Client information remains stored within your network, and our audit trail function helps demonstrate that your organisation is compliant
ITrack Sanctions will deliver :
- Knowledge – capability to demonstrate compliance with audit trails
- Transparency – improved search features to reduce screening time
- Simplicity – integration directly with your existing systems
- Speed – ability to automatically generate reports
- Cost control – greater control and transparency over costs with a usage-based pricing model
ITrack Sanctions will offer Benefits:
- Accurate – Minimise false positives through our intelligent fuzzy search
- Quick – Massively reduce time spent screening targets
- Simple – Easy to learn and adopt without complex configuration
- Cost Effective – Greater control and transparency with usage-based pricing
- Data protection – your client information is stored only on your network helping to ensure the safety of your data
For further information
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