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features
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support

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Description

The landscape of sanctions, deeply influenced by the dynamics of international relations, has reached an unprecedented level of complexity and rapid change. As regulators increasingly scrutinize the entire maritime trade supply chain, it has become essential to implement robust due diligence and risk management strategies. Regulatory risks can arise from various facets of a trade transaction, including the specific goods involved, their origins, the identities of buyers and sellers, as well as the geographical locations and ports along the shipping route, not to mention the vessels used for transport. Aimed at organizations vulnerable to regulatory risks in maritime trade and shipping, PurpleTRAC facilitates the automation, streamlining, and documentation of compliance processes, significantly reducing the risks associated with money laundering and terrorist financing. Moreover, it plays a crucial role in protecting against the potential criminal, reputational, and financial repercussions that noncompliance could trigger, ultimately promoting a more resilient trading environment. By leveraging such tools, companies can better navigate the complexities of today's regulatory landscape while safeguarding their operations.

Description

Trade Screening is a cloud-enabled compliance solution designed for businesses to evaluate customers, suppliers, shipment entities, and other partners. It cross-references these entities with restricted-party lists and sanctions databases such as OFAC and BIS, integrating name screening with ownership and affiliate analysis to reveal indirect risks. Additionally, the service can analyze web content and news articles against customizable red-flag terms, assess potential risks, and generate comprehensive reports that include evidence links and insights from analysts. Users have the flexibility to submit individual entities, process bulk screenings via uploaded portfolios, or seamlessly integrate screening into CRM and ERP systems using supported APIs. These thorough reports aid in various processes, including onboarding, procurement, trade compliance, and continuous due diligence. By enabling efficient risk assessments, Trade Screening empowers organizations to make informed business decisions.

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

No images available

Integrations

HubSpot CRM No 
Microsoft Dynamics 365 No 
Salesforce No 

Integrations

HubSpot CRM Yes 
Microsoft Dynamics 365 Yes 
Salesforce Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$99/report
$99 per report on a pay-per-report basis; volume discounts are available. No seats or annual contract are required to start. Bulk and API portfolio pricing may vary.
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Pole Star

Founded

1998

Country

United Kingdom

Website

www.polestarglobal.com/software-solutions/purpletrac

Vendor Details

Company Name

QoreNext

Founded

2020

Country

Singapore

Website

www.qorenext.com

Product Features

Marine

Accounting Management No 
Ballast Table No 
Barcodes No 
Boat Maintenance No 
Manufacturing/Supplier Pricebooks No 
Marina Management No 
Maritime Crew Management No 
Routing No 
Scheduling No 
Storage Management No 

Product Features

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