Peer production is about more than sitting down and having a nice conversation... It's about harnessing a new mode of production to take innovation and wealth creation to new levels.Eric Schmidt, CEO Google
Ideas
Sentinel OFAC scanner
People
Ideas
Businesses
Connect with talented people.
Collaborate on ideas.
Realize your vision.
Not freeish. Not freesque. It's free!
The Idea
The Office of Foreign Asset Controls is a branch of the US Treasury that enforces sanctions against specially-designated entities and blocked entities (bascially suspected terrorists). There are strict rules for anyone doing business with international entities and people that mandate they check their contacts against this list before doing business. Penalties are steep (up to 30yrs in prison and $10mm in fines) but the currently suggested method of compliance per the OFAC site is to vet your list against their 1.5MB pdf using the find tool on each client's name. And that doesn't help with misspellings. There is opportunity to develop a more automated means for dealing with this problem that includes integrating diretctly with various billing and conflict management software to scan for matches and notify the appropriate people. I wrote a functional web-based prototype which is available at www.SDNcompliance.com. The next phase is to make this run locally and talk to billing systems.
The Logo
 |
 |
I thought of this idea when I was...
I was working at a company called Legal Technology Consulting and I learned about the OFAC problem via a law office trade publication. When I looked around there were no good solutions. I had a slow week doing trial animations in the office so I bused out my ColdFusion skills and threw together the SDNcompliance.com web app. This app is fully-functional but it requires people export their outlook contacts and upload to my server. I would like to create a version of this application that runs locally as a virtual appliance and can integrate with the major billing and conflict management systems to provide a secure, non-intrusive way of running the checks.
Comments Posted
ok - now your ideas are getting way out of my comprehension zone. Can kids play this one?
Great idea. It sounds simple (for someone with your skills). If I followed correctly, it is honorable for you to protect the client's data by letting them run it locally, but can't they possibly steal your program and sell/give it to others? I imagine you will protect it and appologize for the naive query (just considering the converse perspective to protect your product).
Post A Comment
Got something to say?
Log in to post a comment.
- Ideas Submitted
- 7205
Friend request sent!
A friend request message has been sent to .
And while you're busy making friends on the CH community, why not invite your own friends to join?
Friend request failed!