Skokie, IL (PRWEB) September 23, 2013
Today Accuity announced the first-to-market sanctions/counterterrorist financing screening solution for the trade finance industry that includes a Dual-Use and Controlled Goods List.
To assist institutions with solving challenges related to dual-use and controlled goods screening, Accuity has built a new matching algorithm within Compliance Link, its end-to-end solution that allows firms to centralize all of their screening processes. The Commodities List Manager enables institutions to create, edit and manage internal or private watch lists in addition to Accuity’s standard list, helping maximize screening efficiency. The screening solution allows users to perform all sanctions checks including sanctioned ports and vessels, dual-use, controlled and high-risk goods, within one tool.
In order to comply with regulations and ensure dual-use goods are not being shipped to restricted regions, financial institutions employ time-intensive and error-prone manual processes. Accuity’s new trade finance screening solution provides organizations with the ability to:
To learn more about the product and its global capabilities, please visit http://www.accuity.com.
Owned by one of the world’s leading business-to-business data and content providers, Reed Business Information, and part of Reed Elsevier, Accuity has been providing solutions to banks and businesses worldwide for over 175 years. Our unmatched data and services, powered by Bankers Almanac, deliver optimal payment efficiency, compliant transactions, bank counterparty insight and AML screening success.
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