In the modern financial environment, enterprises that conduct legitimate business, especially across international borders, must comply with a long and constantly evolving list of government-imposed sanctions and embargoes.
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These sanctions ultimately place strict parameters over which businesses and individuals are legally allowed to participate in the global financial community.
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But how does one keep up-to-date on which parties are sanctioned, and which are authorized to conduct legitimate operations?
TIS’ Sanction Screening solution provides an online safety net to keep enterprises compliant globally. As risk-based, customizable, and fully centralized cloud solution for payment screening and compliance case management, our platform offers:
- Up-to-date global and national watch lists (e. g. OFAC, EU) as well as customized lists and block lists.
- Customizable screening to fit different business models and risk profiles (threshold, watch lists, payment filters. etc.).
- Sophisticated, audit-proof case management that can reduce future false positives.
- Continuous screening with virtually no downtime through a cloud-based service that always has the most up-to-date data.
- Screening of payment beneficiary information.
- Support for numerous international and local payment formats.
- Seamless integration with all your payment systems.
- SAP certified plug-in for integration into SAP ERP and SAP Business ByDesign.
- Integration with other ERP systems using the TIS Agent
- Full integration with the TIS Bank Transaction Manager payment process.
Download the below factsheet to learn more about the sanctions screening capabilities we offer!