1.2 About Oracle Financial Services Sanctions Application Pack

Oracle Financial Services Sanctions Pack allows for real time Transaction Filtering against sanctioned lists, internal watch lists and other sources. These are key compliance requirements for financial institutions across the globe.

OFS Sanctions Pack includes the following applications:

• Financial Services Analytical Applications Infrastructure: This application powers the Oracle Financial Services Analytical Applications family of products to perform the processing, catego- rizing, selection and manipulation of data and information needed to analyze, understand and report on specific performance, risk, compliance and customer insight issues by providing a strong foundation for the entire family of Oracle Financial Services Analytical Applications across the domains of Risk, Performance, Compliance and Customer Insight.
• Financial Services Transactions Filtering: This application helps banking institutions to iden- tify blocklisted, sanctioned, restricted and sanctioned individuals and entities in financial trans- actions processed through the Solution.
• Financial Services Customer Screening: This application enables organizations to effectively and efficiently screen their customers to successfully meet anti-bribery, anticorruption, export control, and other legal regulations as well as all current anti-money laundering and counter-ter- rorist financing legislation. It supports multiple sanctions lists, commercial watchlists and private lists and combines data standardisation and advanced matching rules to meet compliance

is built using Oracle Enterprise Data Quality and AAI. It is fully integrated with FSDM and ECM.

• Financial Services Inline Processing Engine: This application provides real-time monitoring, detection and interdiction of single and complex fraud events across multiple channels and lines of business.