Denied Party Trade Content – MK Data
Powered by Descartes MK Data Services™, keep your trade content for major business systems current and reduce the risk of non-compliance.
Everything Global Trade Management platforms need
Bolster your investment in global trade management by leveraging industry-leading trade content for SAP-GTS, Oracle GTM, and other business systems to support your regulatory and trade compliance processes.
From major systems such as SAP®, and Oracle® along with Microsoft Dynamics®, Salesforce®, and NetSuite®, as well as custom-built and legacy systems, Descartes Denied Party Screening solutions help screening fits into your organization’s process.
How we can benefit you
Easily enhance your organization’s compliance program with denied party trade content from Descartes MK Data Services
- Cast a Wide Net
Mitigate the risk of a compliance violation by screening against a database of lists that includes OFAC, BIS, law enforcement-related wanted persons, Specially Designated Nationals, internationally sanctioned party lists, and others.
- Keep your Workflows IntactThe business of doing business can continue without unnecessary interruptions with Dynamic Screening (automated rescreening) solutions working behind the scenes.
- Stay on Top of InformationOur database of watch lists, sanctions, and embargoes is updated whenever the government publishes changes, helping to ensure current, verified, and sorted content is delivered into your systems.
- Data that Comes to YouDon’t worry about having to remember to fetch data. With Descartes Trade Content, our automated technology means it comes to you ready-to-go.
Solving compliance challenges
Providing companies with a frictionless way of screening millions of transactions
The initial feedback from the employees was, ‘this is awesome. This is a huge improvement, we love it.’ … Descartes Visual Compliance™ has managed to save us nearly 28,000 man-hours per year, and reduce our compliance risk exposure.
Due to the rising importance of compliance in our sector, we needed an automated screening solution that is efficient and highly reliable. Implementing the Descartes solution has resulted in a more systematic and efficient screening practice, which has significantly reduced costs and risks for the company and its clients.
Embedding Descartes Visual Compliance into our internally-developed systems and leveraging its automated screening capability has helped us to keep pace with the growing number of contracts that we manage. The technology increases capacity in the compliance team to focus on more strategic activities, such as training and internal stakeholder engagement.
You can’t grow your business if you keep doing manual screening. Descartes Visual Compliance was very easy to integrate into our existing ERP and sales platform. Now we have an automated way to check every order as it comes in. There’s no manual screening and we only have to go in to check when there is a flag.
By automating screening of our trade partner database against denied party lists and determining appropriate export license requirements, Argosy has realized a 75% productivity gain in our compliance practice. Descartes Visual Compliance has allowed us to focus more resources on international growth, better mitigate risk and ensure we achieve 100% trade compliance rates.
Accurate and comprehensive list library
Always be confident that you’re searching the relevant watch lists.
- Covering 180+ countries
- Robust and up-to-date database
- Lists maintained by multinational bodies
- Easy supplementary lists inclusion
More than just watch lists
Descartes Visual Compliance denied party screening solutions also highlights country trade restrictions and embargoes.
- Country restriction notifications
- Embargoed nation alerts
- Wider compliance coverage
- Conduct business with confidence
Easy business system integration
Explore our flexible configuration options and ensure quick and simple implementation with your existing business systems.
- Minimize oversights and errors
- Easy integration with all business systems
- Little-to-no setup
- Easy maintenance
Questions about Denied Party Trade Content?
If you have more questions about our solution or denied party screening feel free to reach out.
Streamline your compliance journey
Denied Party Screening
Comply with international trade regulations and avoid dealing with unauthorized parties.
Facilitate fast and accurate export classification decisions.
Streamline your export documentation, compliance, and licensing processes.