EmbargoAgent
…preventative and efficient embargo screening
EmbargoAgent is for embargo screening in banks, insurance companies and industrial corporations. The product carries out an automated embargo screening of your company's data and transactions, comparing these with the sanctions lists of the EU and/or the US government. EmbargoAgent is your tool for ensuring your company's compliance with anti-terror regulations in a safe and transparent manner, requiring only minimum effort. Besides its intelligent inspection algorithm, the benefits of this product also include its high level of customisability, flexibility and simplicity.
The software takes into consideration the latest versions of sanctions lists such as, for example:
- EU Regulation 2580 /2001 and EU Regulation 881 /2002
- US sanctions lists (DPL, EL, SDN (OFAC), UVL)
Areas of use specific to the banking sector include, for example:
- Checking accounts
- Checking domestic and foreign payment transactions
- Checking contract data
- Checking information on the payer for completeness. (EU Regulation 1781)
General areas of use
- Customer/supplier/employee base data
- Contact data (e.g. from Outlook)
Special functions include:
- CDA's inspection algorithm for sanctions list screening
- Online, batch and delta checks
- BIC checks
- "Swift" support
- Fuzzy searches
- "SEPA" support
- Customisable inspection rules
- Multi-client capability
- MQ Series interface
- Interface to MLA (Money Laundering Agent). Analysis of transaction data using a scoring procedure to detect money laundering in suspicious transactions, persons and organisations
