Cleareye.ai Trade Finance
por CLEAREYE.AI, INC.
Automates Trade Finance Operations and Compliance Screening
Cleareye.ai is
an enterprise ready platform that enables banks to launch products rapidly,
while delivering unforgettable customer and employee experience.
Cleareye.ai's ClearTrade
leverages advanced Artificial Intelligence techniques to improve effectiveness
and efficiency of Trade Finance Operations and Sanctions Screening processes,
enables our clients to improve throughput by up to 70% and significantly
minimizes risk by reducing false positives and missed red flags.
The Solution
Cleareye.ai’s ClearTrade
enables intelligent extraction of information from multiple document types like
Letter of Credit, Bill of lading, Packing List, Commercial Invoice, Certificates
of Origin etc. It automatically validates compliance against UCP, ISBP, LC
conditions and bank/country specific rules. ClearTrade provides a simple
intuitive workbench for analysts and makers/checkers to process trade
transactions. It seamlessly integrates with enterprise systems including
Sanction Screening and TBML systems using APIs or embedding a web UI.
Product Features
- Automated classification, extraction
and validation of information combining layout
& position-based learning with natural
language understanding from trade presentations and MT 70X /4XX
series of Swift messages
- Automated reconciliation against UCP and ISBP
- Integration with industry leading Sanctions Screening
and TBML products
- Ability to configure bank/ region specific business
rules
- Automated interpretation of Letter Of Credit
conditions using NLP
Benefits of ClearTrade
- Up to 70% productivity increase
- Significant reduction of false positives in sanctions
- Identifies potential TBML red flags that could have
been missed out
- Improved risk coverage & compliance
