top of page
Writer's pictureMichael Garcia

Eastnets SafeTrade: Protecting Your Institution from Trade-Based Financial Crimes

In the contemporary landscape, trade finance plays a crucial role, yet it is accompanied by inherent risks. Financial crimes, such as trade-based money laundering (TBML), can subtly infiltrate transactions. Eastnets SafeTrade steps in here, providing sophisticated tools to identify and protect against these threats. This solution is perfect for institutions seeking dependable financial risk management services to protect their operations.



Spot Suspicious Activities with Ease: 


Trade finance can be intricate, yet Eastnets SafeTrade simplifies the process of identifying issues. Utilizing advanced AI-driven monitoring allows for the detection of suspicious activities prior to their escalation into more significant problems. The system employs sophisticated algorithms to detect irregularities, enabling you to stay one step ahead of criminals who utilize clever tactics to conceal illegal trades.


Ensure Compliance with Global Standards:


Maintaining compliance with international regulations is essential, yet it can be challenging. SafeTrade diligently monitors your transactions by consistently checking them against the latest watchlists. It verifies each trade against sanctions lists, PEPs (politically exposed persons), and additional criteria. This minimizes your chances of incurring penalties and aids you in seamlessly complying with international financial regulations.


Streamline Your Workflow:


Eastnets SafeTrade is not only top-notch, but it is also easy to use. This solution consolidates all your trade finance monitoring into a single platform, simplifying management for your team. From Letters of Credit to vessel tracking, all aspects are consolidated in one location, enhancing efficiency and precision.


Key Features of Eastnets SafeTrade:


  • Complete TBFC Monitoring: Keep an eye on every aspect of trade finance, ensuring nothing slips through the cracks.

  • AI-Driven Document Digitization: Automate the tedious task of processing trade documents, saving time and reducing errors.

  • Real-Time Watchlist Screening: Stay up to date with continuous monitoring against the latest regulations.

  • Integrated Vessel Tracking: Track ships, ownership, and routes to uncover hidden risks.


Conclusion:


Utilizing Eastnets SafeTrade enables your institution to safeguard against trade-based financial crimes while ensuring adherence to the most current regulations. For those in search of reliable financial risk management services, Eastnets SafeTrade offers the ideal solution to ensure your operations remain secure and efficient.

Comments


bottom of page