Accuity, a provider of financial crime compliance, payments and counterparty know-your-customer solutions, has released a new vessel monitoring capability, Firco Trade Compliance Ship Enforcement Alerts that enables companies involved in trade finance to track shipping vessels in real-time to ensure they are not in breach of international sanctions. If a vessel should enter a sanctioned zone or port, the company will receive an alert and be able to take action, report suspected breaches of regulation, and protect itself from involvement in any wrongdoing.
