Rebric automates sanction list compliance.
US financial institutions spend over $25 billion a year complying with sanctions lists like OFAC. Unfortunately, the tools they use are antiquated, typically generating over 95% false positives and requiring countless hours of manual research to clear potential flags.
Rebric’s machine learning and AI-powered platform drastically reduces false positives, automates research and audit logging for potential matches, and simplifies any required reporting.
Also, since sanctions lists are ever-changing, Rebric continuously monitors these lists for edits and additions – allowing us to offer ongoing monitoring and ensuring our clients STAY compliant over time.