Governments, local governments, and charitable organisations are required to
meet strict compliance requirements in order to protect public services. Considering
this, we have designed comprehensive screening packages that take into
consideration your internal data, our external data, and various sanctions. Our
mission is to protect your business and reduce risks in the public sector.
Improve alert quality while reducing
false positives. With our global database
of sanctions and watchlists.
Get notified as soon as a critical change
in risk status occurs. Receive sanction
updates up to seven hours before.
Using webhooks, we allow for straight-
through processing and the freezing of
transactions in real-time.
Know Your Vendors
Among the critical roles of public state and
government entities is to engage in economic
transactions with private vendors. Since there is a
great deal of risk involved here, we help you monitor
for sanctions lists, watchlists, and politically exposed
persons (PEPs). Check for fraud and verify payment
before processing. Comply with state and citizen
Compliance experts are noticing critical operational
gaps concerning monitoring in the public sector. This
has caused a number of perplexities in the auditor and
compliance world. Public state bodies can rely on
Facctum for valid support, including subjective checks
of candidates' suitability, Know Your Customer (KYC), as
well as digital onboarding and out-boarding. This could
save thousands of millions of dollars annually and help
reducing in inefficiency and poor service.
Facctum assists federal agencies with their
investigations. To plan more efficient intervention
strategies, use the Facct(UAL) to identify clusters and
other connections. Additionally, identify whether a
person or organization has ties to foreign adversaries.
Using Facctum, you can track down public, legal, and
usable evidentiary information after receiving tips
from other intelligence agencies.