12/1/2011
Ocean Systems to Sponsor Upcoming FIBA AML Conference
Ocean Systems will again participate as a gold sponsor at the Florida International Banking Association's AML Conference.
11/21/2011
Activation by the Federal Reserve of the Fed Wire Format
Every one of Ocean Systems' US based installations was affected by the activation of the new Fed Wire format today.
11/12/2011
Integration Testing Commences on new ECS
Integration testing commenced on the upcoming release of the Enhanced Compliance Solution (ECS).
9/21/2011
International Payment Validation Module Released
Ocean Systems released its International Payment Validation module for its Multi-Currency / Multi-Processor product.
8/12/2011
OFAC Server 8.5 Released
OFAC / EDD Server 8.5 was released to support the remittance related fields introduced by the Federal Reserve in its new Fed Wire Format FAIM 3.02.
Wire Transfer Automation
OSI's premier wire transfer product, FedLink, is composed of various modules that automate the wire transfer operation. The FedLink Anywhere module provides a web based front-end for remote branches and bank customers.
AML/BSA Monitoring
Our ECS Enhanced Compliance Solution (ECS) is a comprehensive AML monitoring system designed in accordance to the US PATRIOT ACT to detect and properly document fraudulent behavior.
Watch Lists OFAC/PEP
Our OFAC / PEP Server scans your CIF and transactions against lists such as those published by the US Office of Assets Control (OFAC) and databases of Politically Exposed Persons (PEP)
