Governments around the world maintain lists of “restricted parties” with whom it is illegal to do business or to ship products. These individuals are sanctioned for illegal acts such as international terrorism, narcotics trafficking, money laundering or weapons proliferation. Doing business with these sanctioned parties can result in fines and penalties as well as the loss of export privileges.
Amber Road’s Restricted Party Screening solution enables companies to automate the screening process. Our solution uses complex screening algorithms to identify potential matches while minimizing the number of false positive hits. It also provides supporting citations for potential matches, which enables users to either clear or confirm hits.
It can be used in a standalone environment or as a hosted solution that integrates with your enterprise systems and offers the fastest-path to export compliance. We maintain the industry’s leading and most extensive set of restricted party lists. Updates to international regulatory lists are monitored and integrated into our solution on a daily basis to ensure that denied parties are properly flagged before any goods or services are shipped.
