2.1 What’s New
New, changed, and deprecated features of OFS Sanctions Application Pack are described, with pointers to additional information.
The following list describes new features and enhancements for OFS Sanctions Application Pack Release 8.1.2.11.0:
- Audit trail for batch screening : Introduced the capability to track and extract an audit trail from the backend for batch screening activities. This enhancement allows users to review customer data that was screened, alongside the corresponding matched watchlist data.
This feature provides verifiable evidence that screening was executed at the correct time, against the appropriate watchlists, and using proper configurations such as matching thresholds, algorithms, and rule sets. It also ensures complete transparency by capturing relevant match details from the watchlist, supporting compliance and audit requirements.
- Queue criteria enhancements: Queue management now supports filtering alerts and including them in queues based on Dow Jones watchlist attributes. You can configure queue criteria using Dow Jones watchlist attributes such as watchlist name, country, list provider name, list category, and list reference name.
This enhancement enables queues to display alerts according to specific watchlist attributes, allowing administrators to assign alerts more efficiently to user groups with the appropriate expertise for investigation.
- Display PEP Role End Date: For each PEP alert, all relevant PEP roles will be shown, along with their respective start and end dates.
This provides detailed information such as role and associated dates enables clear identification of whether an individual is a current PEP, a former PEP, or associated with a time-limited public function. Standardizing these specific PEP attributes helps reduce subjective interpretation and enhances consistency in decision-making.
- ISO 20022 Goods and Ports Support: Goods and ports screening for ISO messages is now supported via a dedicated web service with XPath mapping.
Ensures all ISO 20022 messages are thoroughly screened for restricted goods and ports, reducing the risk of costly compliance violations. Identifies and flags potential sanctions-related issues early in the transaction
- ISO Message Screening: Screening web service mappings for ISO message categories have been enhanced to support jurisdiction and business domain–specific configurations. This provides more granular control over which screening service is invoked for a given ISO message, based on regional and line-of-business requirements.
Users can now configure and assign tags to each screening web service mapping for ISO message categories. Tags can be defined based on Jurisdiction and Business domain.