Advanced trade compliance capabilities for speed and precision
Regulation is the single biggest obstacle for the trade finance industry. Financial institutions are under increasing pressure to ensure they manage and mitigate associated risks. Risk is further compounded due to the complexity of the trade finance process. An industry that relies heavily on paper-based documents for key terms, agreements and details of trade transactions within an ecosystem of cargo operators, freight forwarders, insurance agents and financial institutions, requires a compliance management tool that can streamline the day-to-day functions and tasks of the trade operations team.
Trade Compliance Secure enables:
- A risk-based approach to elements within the trade transaction
- Access to comprehensive datasets across the shipping and trading world to ensure that your decisions are based on the richest and most accurate content sets
- Automated processing to improve customer turnaround time for new and existing trade applications
- To maintain all screening services within a single, consolidated workflow configurable to individual risk appetites and processes