The challenging world of transactions
When it comes to trade finance your organisation faces a real challenge. You must achieve the highest levels of compliance to avoid any implication of complicity in the finance of rogue states, terrorism and organised crime.
At the same time, with a slowdown in global trade and increased compliance costs, you must maintain cost-effective and operational efficiency. It’s a balancing act.
The traditional manual approach to trade screening has its limitations and may well risk your organisation’s reputation. How? By failing to meet customer expectations and by not implementing regulatory process excellence.
What’s needed is a solution that offers automation of screening with the highest quality data that’s regularly updated.
What’s needed is Firco Trade Compliance
Our trade compliance automated screening solution allows you to perform all your checks in one place. Whether that’s about the customer sanctions, Politically Exposed Persons (PEP), or the trading activity itself – goods, destination location, or transport vessel. It’s all you need for fast, rigorous and cost-effective screening that will never let you down.