Facctum releases open access platform to combat terrorism financing

Facctum has today launched an open access search version of its FacctView platform, an enterprise grade risk detection technology for sanctions and financial crime risk management.

With open access, Facctum is making the technology fully accessible to companies with sanctions risks or compliance obligations.

KK Gupta, CEO of Facctum said: “Sanctions compliance can be very challenging for smaller institutions, in terms of operational impact and technology spend. With the open access release of FacctView, we are providing full access to our core matching technology at no cost. The Facctum team hopes this initiative will lead to more comprehensive, effective and efficient sanctions compliance and a safer financial system.”

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