Compliance

Fully integrated batch and real-time compliance checks against global watchlists. In Batch Mode, OSP automatically exports all Clients, Contacts, Entities and Principals for evaluation, with ongoing checks running every 24 hours via a third-party subscription service. In Real-Time Mode, a single click allows any registered user to run a live compliance check from within the OSP software — no switching between systems. An API key is required for real-time access.

A single click auto-downloads and archives the latest UK OFAC list and the US SDN and Non-SDN sanctions lists directly into OSP. Results are automatically stored with full date-stamping, creating a complete audit trail of every check run. This removes the need for manual downloads and ensures your sanctions screening is always current, documented and ready for regulatory review.

OSP maintains a full PEP list with review dates, allowing department heads to monitor which clients require Standard or Enhanced Compliance Due Diligence. An ECDD list shows what has been reviewed recently, and a signed ECDD document can be generated directly from within OSP. This gives AML Officers and compliance teams a clear, documented audit trail of all PEP reviews and sign-offs at any point in time.

OSP includes a fully integrated Risk Screening Questionnaire that is bespoke to each client. The weighting and questions can be adjusted to reflect your firm's own risk appetite and regulatory requirements. Each questionnaire produces a risk score that feeds directly into the client's compliance profile, giving compliance officers an objective, documented basis for risk-based decisions and Enhanced Due Diligence triggers.

Documents are captured from every department and made available for review by the Compliance Department and AML Officers in one centralised system. The drag-and-drop DMS eliminates duplication of client data across departments. All incorporation and post-incorporation documents are automatically stored and date-stamped. Bulk auto-load imports multiple documents in a matter of seconds, and all documents are linked to their review dates for expiry tracking.

The Compliance Department or any other department can assign a specific task directly to a named user within OSP — for example, requesting a new copy of a client's passport, chasing a missing document, or flagging an action required before a review deadline. The task appears in the assigned user's workflow immediately, creating a clear chain of accountability and ensuring nothing falls through the cracks between departments.