Screening accuracy you can depend on
Trade finance compliance can be extremely challenging, especially when screening for sanctions or dual-use goods, which are time-consuming to research and difficult to accurately detect.
Accuity screening solutions provide full knowledge of who you are working with and where your goods are going to keep your trade finance business running safely. With Accuity on your side, identifying export and trade compliance risks just got easier – and more dependable – so you can explore new markets and opportunities with confidence.
Bringing efficiency to manual operations
The paper-based nature of trade finance leans heavily on inefficient manual review of documents and transactions to identify sanctions violations, trade-based money laundering, and other trade-related crime.
Bring a new level of efficiency to your corporate trade finance operations with Firco Trade Compliance. Automatically screen against documents, trade-based data and goods in one comprehensive solution. Firco Trade Compliance also screens locations and transportation vessels – including monitoring ships in real time – to ensure you are not shipping through a sanctioned port of call.
Firco Trade Compliance is an optional offering available with Firco Compliance Link, an all-in-one customer account and transaction screening solution that uses sophisticated filtering to reduce false positives and prioritise alerts for greater operational efficiency.
Data you can rely on
Enhance screening by selecting targeted lists from Firco Global WatchList®, a comprehensive collection of the most-up-to-date information on sanctions, politically exposed persons (PEPs) and reputationally exposed persons (REPs).
Leverage the benefits of Accuity to:
Streamline operations – Automated workflow processes and notifications indicating when there are potential match cases for investigation increase your team’s productivity.
Identify risk with confidence – Comprehensive screening of customer accounts, transactions and trade activity against a full spectrum of sanctions and watch lists provide a holistic view of risk.
Enhance customer service – More efficient screening shortens turnaround time of trade finance applications and speeds legitimate transactions to deliver a fluid customer experience.
Raise compliance standards – Reduce reliance on paper-based audit trails with online tracking of all activity for more efficient auditability and transparency.