Simplifying the Complexities of Global Trade
Our digital platform enables global trade experts to connect with their clients, creating an intelligent trading ecosystem that reduces risk and costs.
Avoidable risks:
- RISK MITIGATION: Avoid public fallout or government sanctions
- DILIGENCE: Demonstrate to authorities that appropriate procedures are in place to avoid doing business with restricted parties
- EFFICIENCY: Streamline and automate trade related processes to control costs, eliminate redundancy, and better manage inherent risks
Global Trade Automation for importers/exporter
The Digitization solution automatically extracts and standardizes data from complex trade documents, both structured and unstructured, to the highest degree of accuracy.
Product Compliance Checks
Details all export/import regulations (including prohibitions, licensing rules and quotas) and paperwork relating to a specific commodity traveling between two markets
Trade Documentation
Offers a complete reference library of relevant trade and transportation document templates by country, and specific to your particular products
Sanctions Screening
Checks shipper and receiver details against international government databases of denied or restricted shippers/consignees
Commodity Classification Codes
Provides detailed Harmonized System (HS) codes and Export Classification Number (ECN) for any specific commodity (which can be stored for future quick reference), at the country level.
AML Compliance Solution for Fintech providers
The typical techniques of TBML includes:
- over- and under-invoicing of goods and service
- multiple invoicing of goods and services
- over- and under-shipments of goods and services
- falsely described good and services
Our AI-powered Compliance solution takes financial crime prevention in trade to the next level. It accelerates and automates the manual and repetitive process of document examination in trade, reducing risk, costs and processing times.
It significantly reduces the number of false positives and accelerates document turnaround times for banks’ clients from days to minutes.
The solution performs
- multiple due diligence activities
- trade-based money laundering
- dual use goods screening
- vessel tracking
- sanctions screening in real-time.