Learn the Importance of Blockchain Technology in Finance

ANOVERVIEW

Updating the watchlists of compliance screening systems has key importance in counter-terrorism and anti-money laundering strategy. But, it is quite challenging to cope with the frequent changes in sanctions lists and update the watchlists according to them. It involves manual and lengthy steps while following the conventional watchlist-update methods that may lead to delays, errors, and fraud. If you want to eliminate such risks and conduct watchlist updates automatically and inreal-time,contactEastnets.

ABOUT EASTNETS CHAINFEEDBLOCKCHAIN TECHNOLOGY IN FINANCE

Eastnets ChainFeed is a blockchain-based, real-time, list-loading solution that generates instant sanction list updates. The blockchain technology of Eastnets ChainFeed can help financial institutions manage risks through Sanction Screening, Transactions Monitoring, analysis, reporting, state-of-the-art consultancy and customer support. With this advancedtechnology,yoursystem’swatchlists can be always up-to-date and error-free without the administrative burden of manual updates.

KEY FEATURES TO EXPLORE

Completeautomation-Conduct updatesautomaticallyandwithout humanintervention

Zerodowntime-Preventinterruptionsin theinstitution’soperations

Unprecedentedspeed-Updatethe system'swatchlistsinreal-time

Integritychecks-Ensurewatchlist screeningvalidity