Maximum Processing announces System Wide USA Patriot Act compliance.

Maximum Processing is pleased to announce that it has completed it's XML SOAP system wide implementation of the "OFAC - Specially Designated Nationals (SDN)" scanning in compliance with Section 326 of the USA PATRIOT Act.

(PRWEB) September 26, 2004 -- Maximum Processing is pleased to announce that it has completed it's XML SOAP system wide implementation of the "OFAC - Specially Designated Nationals (SDN)" scanning in compliance with Section 326 of the USA PATRIOT Act.

"We found that companies using other systems were exporting their policy data and then using separately purchased software to scan their databases for possible SDN matches. Not only does this process involve tremendous labor costs - but when we reviewed the process we found that the software used to scan the databases was not effective in filtering out the 'noise'. This creates a larger list of matches that a human must then manually look at to determine if the possible match was correct or not."

Said - Sean Pitcher - President - Maximum Processing Inc.
"We took the process 10 steps forward - by implementing an automatic update process that automatically checks the OFAC database for updates each evening - as well as a sophisticated soundex matching algorithm to catch misspelled and similar names, and a 'noise' word filter to help reduce unwanted matches with common data such as 'Inc' or 'Corp'. We then incorporated everything into our systems as a standard feature so every database can be automatically scanned each evening and any possible matches will be waiting in the compliance officers workflow queue the next morning. Finally, we added the ability to vary the match probability (whether or not a possible 'match' gets included in the report) so a company can balance the number of matches with the probability of catching a SDN."

Said - Lee Karas - Director of Software Development - Maximum Processing Inc.
Maximum Processing is a privately held corporation that specializes in developing insurance policy processing solutions specifically tailored to a company's business requirements. By thoroughly analyzing a company's business requirements they create a full set of documentation. This uniquely formed documentation is gathered in sessions specially designed by Maximum Processing to get to the heart of the business rules and document them in a such a way as - that both the client and the software developers thoroughly understand the system before it is ever built.

Contact:
Maximum Processing
4509 14th St. West Suite 502
Bradenton, FL 34207

(941) 795-0133 or (866) Max-Soft
www.MaxProcessing.Com