Pole Star Sanctions Screening -The company identified a need for a broad variety of financial services users to screen ships, their ownership and management for sanctions compliance combined with real time tracking of ships.
- Built an easy to use software for users to speed up checking that previously took hours to deliver a result in minutes comprising five services – Global Sanctions, Country Sanctions, Ship Movement History, Port State Control, and Geo-political Risks
- Integrated third party information to ensure best of breed data for the application
- Capable of responding within hours to changes in the regulatory requirement and changes in third party data
The software was adopted by major trading banks, insurers and is scheduled to be integrated with the Pole Star Platform to deliver the same benefits to commercial maritime users.