In 2016, International trade was valued at US$ 15.46 trillion and the growth rate is projected over two percent annually. What this also means is an environment for abuse – trade-based money laundering (TBML) accounts for hundreds of billions of dollars of illegal money flows annually. It’s no surprise that TBML is highly sophisticated and, as it hides its activities amongst massive volumes of legitimate trade, it’s difficult to uncover
en.SafeTrade is a comprehensive solution that allows financial institutions to adeptly manage the risks of facilitating international trade. With a carefully selected array of monitoring tools, en.SafeTrade uses complex, multifaceted screening to intelligently hedge against trade-based money laundering, while guaranteeing ongoing compliance with all financial and trade-related regulatory entities.
Efficient, single-platform solution
Continuously updated compliance screening
Regulatory compliance with local and international standards.
Enhanced accuracy level of capturing suspicious trade finance transactions.
Seamless integration: EastNets offers rapid, turnkey implementation, allowing users to begin benefitting from en.SafeTrade in no time.
Trade transaction monitoring: Monitor complex trading trails with ease and speed.
Reduced false positives.