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Sanctions Monitoring

Global sanctions monitoring through automated checks, instant alerts, and complete coverage of critical lists.

Our Sanctions Monitoring helps teams stay ahead of risk, effortlessly and automatically.

Navigating global sanctions has quickly become a business-critical responsibility of investment managers everywhere.

Compliance teams are tasked with screening portfolios and potential investments against changing lists of sanctions in order to avoid legal, financial, and reputational consequences.

A single sanctioned entity has the potential to trigger asset freezes and result in fines and regulatory scrutiny, putting client capital and performance at risk.

And against a backdrop of growing geopolitical tensions, staying compliant is a growing burden. Governments frequently update sanctions lists like the US OFAC-SDN, EU Consolidated Sanctions, UK Sanctions, UN Security Sanctions and more, resulting in an error-prone and time consuming process.

 

How it works

FundApps’ Sanctions Monitoring is designed to take the uncertainty and inefficiency out of sanctions compliance through multiple checks designed to maximise coverage.

Using data provided by BIGTXN, all positions are automatically screened for connections to sanctioned entities upon each positions file upload. Any potential issue is flagged and teams notified, prompting action before it becomes problematic. The system continuously monitors major sanctions lists, immediately alerting users should an existing position fall into scope when a list changes, eliminating the need for manual tracking across all portfolios.

Additionally, Sanctions Monitoring clients can also perform pre-trade checks on individual securities using ISINs, providing clarity and avoiding potential issues altogether. 

Currently, the following sanctions regimes are covered:

  • Australia - Australia DFAT (Department of Foreign Affairs and Trade) Sanctions List
  • Canada - Canada Consolidated Sanctions List
  • Switzerland - Swiss SECO (State Secretariat for Economic Affairs) Sanctions List
  • European Union - EU Consolidated Sanctions List
  • Hong Kong - Commerce and Economic Development Bureau Sanctions List
  • Japan - Japan METI (Ministry of Economy, Trade and Industry) Sanctions List
  • Singapore - Monetary Authority of Singapore Sanctions List
  • United Kingdom - UK Sanctions List (OFSI - Office of Financial Sanctions Implementation)
  • United Nations - UN Security Council Sanctions List
  • United States of America - OFAC (Office of Foreign Assets Control) - SDN List (U.S.)
Diagram of FundApps Sanctions Monitoring solution. The process of Sanctions Monitoring.

Key Features

Sanctions screening automation with FundApps Sanctions Monitoring solution. Background of purple dots in a wave pattern behind a white number 1.

Daily 
Monitoring

Daily automated checks and continuously updated sanctions lists. Plus, on demand checks using security ISINs.

Sanctions screening automation with FundApps Sanctions Monitoring solution. Background of purple dots in a wave pattern behind a white number 2.

Exhaustive Coverage

Screen against ten key global sanctions lists, powered by data from BIGTXN, a leading third-party sanctions data provider.


 

Sanctions screening automation with FundApps Sanctions Monitoring solution. Background of purple dots in a wave pattern behind a white number 3.

Audit-Ready Oversight

Maintain a full, searchable book of record of screenings, decisions, and actions for regulatory review, directly within the platform.

Sanctions screening automation with FundApps Sanctions Monitoring solution. Background of purple dots in a wave pattern behind a white number 4.

Actionable Notifications

Timely alerts and clear explanations for flagged entities across all portfolios. Monitor all holdings and investments in a centralised location.

In a nutshell...

FundApps' Sanctions Monitoring service gives compliance teams the visibility and coverage needed to remain compliant amidst evolving geopolitical tensions and volatility.

With automated screenings, pre-trade capability, and extensive jurisdictional coverage, managers reduce the risk of costly and penal oversights and save time and effort. A complete audit trail detailing how sanctions breaches are handled helps clients avoid penalties should breaches take place.

No manual checks or the constant combing of lists and positions. Just an integrated, centralised solution that provides clarity and automates sanctions monitoring.

Already a client?

If you’re an existing FundApps client, there’s no implementation required: enjoy instant deployment and start sanctions monitoring right away.

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Leave the screening to us

Chat with FundApps on what Sanctions Monitoring might look like for your team. 

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