Feature Capturing all relevant Transaction Details for both the originator and beneficiary parties:

• Collect trade data from various public databases to be used as a benchmark for scenarios.
• Capture bill of lading information and container numbers (including from online websites).
• Create electronic versions of forms to easily identify customer profile discrepancies.
• Automatically alert in case of clear violation of Anti-Money Laundering Laws or Sanctions Programs.
• Highlight Politically Exposed Persons (PEPs) associated with the relevant parties.
• Highlight negative news regarding parties such as exporters, shipping companies, and importers.
• Automatically alert in case of unusual activity or significant discrepancies between expected and actual activity.
• Include controls to mitigate manual entry errors.
• Perform Enhanced Due Diligence on Suspicious Activity.
• Update Customer Profile for any changes in actual activity or identity (i.e. risk profile).
• Update transaction monitoring program due to changes in regulatory environment or the Bank’s inherent risk.
• Efficient, single-platform solution.
• Enhanced accuracy level of capturing suspicious trade finance transactions.
• Continuously updated compliance screening.
• Reduced False Positive.
• Regulatory compliance with local and international trade.