No license restrictions

FinAP Integration

Automated financial monitoring and protection against sanctions fines

Protect your business from regulatory fines of up to UAH 10 million. Automatic verification of counterparties, directors, UBOs, and PEPs against global sanctions lists in real time.

The main pain point that FinAP solves
Financial monitoring services are constantly tightening their requirements. A compliance department error or a missed payment to a sanctioned entity today costs a company huge fines (around UAH 10 million) and the risk of license revocation.
At the same time, sanctions lists are expanding daily around the world, and manual verification is required not only of the name of the counterparty company or its director, but also of the ultimate beneficial owners (UBOs) and politically exposed persons (PEPs). Doing this manually without errors for large volumes of payments is It's physically impossible.

How does FinAP Integration work?
The system fully automates control at the document creation stage:
1. Data interception: As soon as a new contract or payment order is received in your accounting system, FinAP immediately processes it.
2. Deep end-to-end analysis: The system checks all transaction participants (including related parties, CBAs, and PEP owners) against current global and national sanctions databases.
3. Risk Matrix Assessment: Based on built-in algorithms, FinAP instantly determines the threat level and categorizes transactions into three zones:
   • 🟢 Low Risk: The payment is processed automatically, without delays.
   • 🟡 Medium Risk: The system temporarily suspends the transaction and transfers it to a compliance officer for manual verification.
   • 🔴 High Risk: The payment is immediately blocked, preventing violation of the law.

Key Solution Features
• Flexible Risk Matrix: Customize categorization rules (Low/Medium/High) tailored to your company's specific needs and internal regulations.
• Control of Hidden Links: A deep dive check reveals sanctions traces among the actual owners and associated parties, not just the legal entity's registration data.
• Zero Human Error: The system operates 24/7/365, never gets tired, and doesn't miss hidden matches in names or titles.
• Logging and Auditing: Each check is recorded in the system. You'll always have ironclad evidence of due diligence for the regulator.

Who needs this service?
• Financial companies, microfinance organizations, and payment services.
• Insurance and leasing operators.
• Large businesses with extensive networks of suppliers and contractors.