Descartes Denied Party Screening™ (Descartes DPS™)
Reducing the Risk of Transacting with Sanctioned, Restricted & Denied Parties Worldwide
Denied party screening is the review of goods, services, and connectivity prior to an import, export or transaction. Governments and international organizations maintain a variety of lists of people, organizations and countries with whom it is illegal or restricted to transact business. International sanctions policies are dynamic, and in today’s highly networked marketplace, it is critical to evaluate connectivity before transacting business. Access to affordable, flexible and customizable Denied Party Screening (DPS) services and solutions is necessary to protect businesses and to reduce risk in an ever-connected and increasingly global marketplace.
The Descartes Denied Party Screening™ (Descartes DPS™) solution provides organizations of all sizes with easy-to-use options that quickly and efficiently screen customers, suppliers and trading partners against a comprehensive database of international restricted and denied party lists. Customers can tailor screening processes to fit their unique risk parameters and flag potential compliance issues for a prompt resolution.
Customer Success - McCormick & Company
Descartes integrates with SAP GTS to help businesses such as McCormick & Company include denied, restricted and/or sanctioned party screening as a hallmark of its trade compliance program.
Descartes Denied Party Screening Options
Descartes MK Denial.com™
As a Software as a Service (SaaS) offering, Descartes MK Denial.com is a web-based solution that delivers highly-sophisticated capabilities on-demand. Some of the largest businesses in the world use Descartes MK Denial.com to access one of the most comprehensive databases of consolidated denied and restricted parties. An intuitive interface includes a tiered screening approach so users can search multiple fields simultaneously. Businesses can also upload customizable lists of concern that may not be published on government lists or portals. A separate web-based option includes Descartes MK Denial Web Services™ and Application Programming Interface (API) for integrating callable DPS screening into applications, business processes or to help power eCommerce solutions and more.
Our content powers global trade by streaming data into leading business applications including Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and Global Trade Management (GTM) systems. In today’s changing global regulatory landscape, leveraging accurate content is more important than ever to help avoid fines, improve processes and mitigate risk. Our expert team of Information Technology (IT) professionals can work with you to map existing fields and databases to ensure that information seamlessly powers systems via a number of electronic methods and protocols.
Customers are better able to expand and jumpstart new business with our advanced Descartes MK Bulk Screening service offering. This solution can simultaneously screen thousands of customers or prospects against a selected range of denied and restricted parties. A detailed benchmark report lists the potential risks that are identified, helping businesses increase efficiency, reduce costs and better ensure compliance with a wide range of federal and international rules and regulations. Customers can also choose to periodically schedule screenings to meet business requirements. An option to review historical data or transactions can also serve to analyze previous compliance over a given range of time.
Descartes MK Dynamic Screening™
In order to ensure the highest level of compliance, leading businesses are leveraging the Descartes MK Dynamic Screening solution to screen proactively. The service scans master customer data when a new entry is made in a denied party list and a notification report is automatically generated to notify of the result. This solution is ideal for companies with repeated sales to the same set of clients and can be used as a standard process as businesses expand and add new clients. The Descartes MK Dynamic Screening solution also helps to eliminate redundant screening, boost productivity and frees companies to focus on core competencies while helping to mitigate risk.
Descartes MK Denial Clearing House Service™
This service provides for reviewing of customer’s Master record file screening results that produced ‘hits’ against the Sanctioned Party Lists being screened against. We will review, determine and remove any false positive ‘hits’, based upon the agreed configured parameters and provide customer with reporting details from clearing process, including true matches and records that were not able to be cleared as false positives due to insufficient information.
Descartes MK Denial Web Services™
A separate web services option includes an Application Programming Interface (API) for integrating callable DPS screening into ERP systems, applications, business processes or to help power e-commerce solutions for transaction level screening prior to checkout.