Innovative Systems, Inc. was selected by United States Steel Corp. to provide its web-based compliance solution for screening associates against the U.S. Treasury's Office of Foreign Assets Control (OFAC) list.

Innovative's online compliance solution—eWatchLine^(TM)—will permit U. S. Steel to do real-time checks against OFAC's Specially Designated Nationals (SDN) list. The solution's service bureau capabilities will be used to compare U. S. Steel's databases against the SDN list on a regular basis.

"We chose Innovative Systems as our compliance provider because of the flexibility and ease of use their solution provides to us," said Callie Pappas, Homeland Security Counsel for U. S. Steel. "We were impressed with the breadth of Innovative's online capabilities. The real-time screening and electronic due diligence, combined with the batch screening, fulfill the critical components of our compliance program."

Innovative's online compliance solution and database processing will help U. S. Steel achieve highly reliable screening and matching results without incurring the technology and personnel infrastructure associated with implementing comprehensive compliance software systems. The solution employs Innovative's data cleansing, data matching, database management and suspect screening capabilities, and offer a Customer Identification Program (CIP) feature to meet the requirements of the U.S.A. PATRIOT Act and Bank Secrecy Act, aimed at identifying and preventing money laundering, fraud and identity theft. The solution also includes screening capabilities for a range of compliance lists such as OFAC SDN, FBI Most Wanted, Bank of England, FinCEN, state and federal Do-Not-Call, and others.

Innovative Systems, Inc. is an international provider of enterprise customer information solutions to organizations whose success depends on a complete and accurate understanding of their customers. The company assists clients with the migration, consolidation and storage of customer-centric data to create a unified view of any customer across the enterprise. Innovative's data integration solutions include i/Lytics^(R), a comprehensive data quality, postal coding, and customer data management solution; i/Lytics Data Profiler^(TM) for data profiling and analysis; i/Lytics SECURE^(TM) and eWatchLine for fraud and regulatory compliance; and Synchronos^(TM), a centralized master registry of customer data that ensures accurate and synchronized enterprise customer data management for improved cross-departmental business and compliance decision-making. Innovative maintains headquarters in Pittsburgh, Pa., with European operations based in London. Representative offices are located in Argentina, Australia, Brazil, Mexico, South Africa and Spain.