FundApps, a regulatory compliance SaaS provider, has launched a new Sanctions Screening Service to help investment managers navigate increasingly complex international sanctions regimes.
The company, which supports financial institutions globally with compliance automation solutions, is expanding its portfolio of services with a tool designed to address one of the most pressing challenges in financial markets today.
The new product was introduced in response to growing regulatory and geopolitical pressures. Sanctions lists are updated across multiple jurisdictions several times a week, creating significant risks for investment managers who may inadvertently hold or trade restricted securities. A single oversight could lead to regulatory fines, reputational damage, and frozen assets, all of which can severely disrupt liquidity for funds of any size.
FundApps, known for providing cloud-based compliance solutions to investment managers, has built a reputation for simplifying regulatory obligations such as shareholding disclosure, sensitive industries monitoring, and regulatory reporting. Its platform is widely used by asset managers, hedge funds, and other financial institutions seeking automation and consistency in compliance processes.
The newly launched Sanctions Screening Service enables clients to monitor their portfolios against global sanctions regimes using International Securities Identification Numbers (ISINs) for accurate matching. The service covers regimes including the US Office of Foreign Assets Control (OFAC), the European Union, the UK’s OFSI, the United Nations, and several other jurisdictions. It provides firms with a centralised, consistent view of sanctions exposure.
Among the benefits offered, FundApps highlights daily oversight with every position checked against the latest lists, a pre-trade screening capability to avoid accidental exposure, and seamless activation for existing users without requiring additional setup. The service is powered by data from BIGTXN, a sanctions intelligence provider, whose Sanctioned Instrument Masterfile captures over 50,000 securities linked to sanctioned entities across asset classes.
BIGTXN brings legal depth to the service, ensuring accurate interpretation of which securities fall under sanctions rules. Its dataset spans 11 regimes, covering equities, bonds, ETFs, and more, and is updated daily to ensure clients have access to the most current information.
This launch strengthens FundApps’s compliance suite, positioning it as a comprehensive platform for monitoring and reporting obligations. By integrating sanctions monitoring into its services, FundApps addresses what has become a core requirement for all investment managers rather than a specialised niche.
FundApps founder and CEO Andrew Patrick White said, “Sanctions monitoring is no longer a niche compliance function – it’s a critical requirement for every investment manager. Our new service integrates seamlessly into daily workflows, delivering global oversight without adding operational burden. It’s the kind of proactive compliance our clients expect in an environment where missing securities issued by sanctioned entities can have million-dollar consequences.”
BIGTXN founder and CEO Haider Mannan said, “We are excited to partner with FundApps on this major integration. In today’s fast-changing sanctions landscape, accuracy comes from depth of legal knowledge, not just data. The Sanctioned Instrument Masterfile from BIGTXN and algorithm capture the nuanced legal analysis needed to determine which securities are truly in scope, and FundApps’ new service delivers that insight straight to its clients – turning uncertainty into defensible, audit-ready outcomes.”
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