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. ECS´ unique
relationship functionality monitors activity or patterns of behavior between
persons and groups of customers. Signatories, beneficiaries and even non-customers
form part of the customer relationships. MORE
Watch Lists / OFAC / PEP
Our OFAC / PEP Server scans lists published by the US Office of
Assets Control (OFAC), the Bank of England (BOE) and other sources.
It is designed not only to scan blocked entities but also to assist banks
in the process of Enhanced Due Diligence (EDD) by searching
through other databases such as lists of Politically Exposed Persons
(PEP). Its Search History functionality is specifically
designed to comply with FinCEN requests and subpoenas
by scanning client databases and transaction history. Most any type of
data can be processed, depending on the options procured and configured. MORE
Wire Transfer Automation
OSI's premier wire transfer product, FedLink, is composed of various modules
that automate the wire transfer operation. The FedLink core module receives
and repairs wire transfers from the Federal Reserve and automatically posts
entries to client accounts providing full disclosure on customer statements. The FedLink Anywhere module provides a web based front-end for bank personnel and customers to originate wires using templates and bank lookups that pre-fill beneficiary and intermediary bank information. Customer requests are secured and authenticated with the use of electronic signatures and multi-factor authentication that eliminate the need for time consuming call-back procedures. FedLink Anywhere uses Identity Guard, Entrust Corporation’s award winning authentication platform, to render multi factor authentication through the use of tokens, grid cards, and machine authentication. MORE
