Trade-Based Money Laundering Monitoring
Detect TBML red flags with 20+ built-in rules covering over/under invoicing, phantom shipments, carousel transactions, and more.
Real-time continuous screening
SafeTrade monitors transactions against the latest watchlists of sanctioned entities, dual-use goods, vessels and politically exposed persons (PEPs), ensuring every transaction is vetted against the most current data and prevents potential violations before they happen.
Vessel, Container, B/L Tracking and Verification
SafeTrade integrates with trusted third-party providers to Track vessel and container journeys and verify bill of lading, including port of loading and discharge, visited ports and cities, and vessel ownership details, enhancing visibility across the trade lifecycle.
Document digitisation
SafeTrade uses OCR, NLP and NLU technologies to automatically classify, extract and validate information from trade finance documents. This reduces manual review time while improving the accuracy of fraud detection.
Report Manager
Generate, download, and revisit reports directly within the platform, no regeneration needed. Ideal for audits and compliance reviews.
OpenAI
Stay ahead of pricing anomalies with AI-driven tools that compare prices against country-specific benchmarks, flagging discrepancies for swift action.
Proactive alerts
Receive real-time alerts to suspicious trade finance activity the moment it occurs, allowing you to intercept questionable transactions before they happen.
Easy integration
SafeTrade seamlessly integrates into your existing workflows and systems, with minimal downtime and disruption.
Scalability and configurability
SafeTrade is flexible, allowing you to configure it to suit your institution’s needs and changing regulatory requirements, ensuring you stay compliant as your operations evolve.
Why Choose SafeTrade
Eastnets has provided financial crime compliance solutions to global financial institutions for over 40 years. Today, our solutions help more than 800 financial institutions including 11 of the top 50 banks – and that global expertise ensures you can stay compliant, no matter where you operate.
SafeTrade integrates seamlessly with your other Eastnets solutions, minimising disruption to your workflows and delivering results from day one. Our solution ensures you can adapt to the ever-evolving regulatory landscape, thanks to automatic integration of the latest regulatory changes and watchlist updates. Your institution will always be kept up to date without manual intervention, reducing the risk of non-compliance.
Regulatory Compliance & Standards
SafeTrade keeps you compliant with global regulatory frameworks, including FATF, AMLD and OFAC. The platform automatically updates as these standards change, meaning you’ll always stay compliant. And with no manual updates needed, you’ll save time while reducing the risk of getting caught out by evolving regulations.
The system makes it easier to stay on top of paperwork, with comprehensive audit trails and documentation of all screening activities, transaction reviews and compliance decisions. That means you can easily demonstrate evidence of compliance efforts when required, with everything maintained in one single, easy-to-use platform.
