How we help with Sanctions compliance

When you work with Avallone, you can take advantage of our team who have been on the front-line of Sanctions reviews and KYC teams within banks and financial institutions and within corporations.

Whether you have an existing workflow for your sanctions checks and KYC or you're just starting out, by using Avallone, you'll implicitly go through steps within the platform that ensures your process is thorough and robust.

Reviewing for sanctions often involves other teams in your organization. With Avallone, easily assign others to provide, maintain, assess and approve information - and by communicating within our platform, documentation and verification of any KYC steps are all captured for any future reporting needs.

Avallone tracks the status of each of your KYC requests. Just log in to see the completion - what’s left to be done and who needs to do it internally and externally - as well as an archive of everything that's been already finished.

Get exactly what you need when you send out a questionnaire - such as who are the ultimate beneficial owners of your counterparty. With Avallone's structured, flexible data model, you can be as granular as you want!

Sharing information is needed when understanding if your counterparties are on any sanctions lists - and by using Avallone, be confident that your organization is complying with GDPR regulations.

You can schedule alerts so you and the team who is working with you are never behind on deadlines and expiry dates.

With less manual, administrative tasks in collecting and processing the information, you can focus on strategic and analytical work of understanding your counterparties so you can prevent your organization's exposure to penalties, fines and adverse media when working with a company on a sanctions list.

With Avallone, gather data just once from your counterparty and have the capability to use the right pieces for multiple purposes and reporting between departments.