Lloyd’s List Intelligence Awarded Best TBML & Trade Compliance Solution

Singapore/Hong Kong, 14 November 2023 – Lloyd’s List Intelligence was awarded Best TBML & Trade Compliance Solution in the 6th Regulation Asia Awards for Excellence 2023 at an in-person ceremony on 14 November 2023. 

This award recognises solutions that help to assess the risks associated with trade transactions, considering the nature of goods or services and the counterparties involved, including vessels, cities, and ports, among other factors.  

Lloyd’s List Intelligence was recognised for its Seasearcher Suite of data and analytics solutions, which empowers financial institutions to complete due diligence, conduct sanctions screening, investigate, and monitor compliance risks associated with maritime trade transactions. Used by many of the world’s largest banks, Seasearcher enables firms to obtain a complete picture of vessel and counterparty risk, leveraging container tracking capabilities, dual-use goods insights, vessel voyage data, and data on more than 60,000 ports, terminals, berths, and anchorages.  

The solution uses positional data to monitor for voyage irregularities, AIS manipulation, high-risk area entries, ship-to-ship (STS) events, dark port calls and other compliance risk indicators that can signal potentially illicit behaviour. Seasearcher also offers predictive modelling capabilities to speed up trade finance workflows and investigations and lower false positive rates. The solution, which takes a risk-based approach, can be seamlessly integrated into a financial institution’s workflows and technological infrastructure using APIs, data feeds, and file transfers.  

The Regulation Asia awards panel credited Lloyd’s List Intelligence for its reliability and technological expertise in the trade compliance space. The judges highlighted the high-quality, accuracy and comprehensiveness of the data used in screening, along with its predictive modelling and automated vessel monitoring capabilities, saying these capabilities help firms “move away from manual vessel monitoring” and “provide certainty on risk”. This is also supported by ISO9001-2015 Quality Management System certification for Seasearcher and related data products. 

About the Regulation Asia Awards for Excellence 2023 

The Regulation Asia Awards for Excellence recognises financial institutions, technology companies, legal and consulting firms, exchanges and other players that help ensure the highest regulatory compliance standards are upheld in the financial industry. Each year, senior industry practitioners serve on a judging panel to help assess and score each submission to determine the winning entrants.  

For a full list of  the Award 2023 winners, visit www.regulationasia.com/awards. 

About Regulation Asia 

Regulation Asia is the leading source of actionable regulatory intelligence for Asia Pacific markets. With over 12,000 subscribers, including regulatory bodies, exchanges, banks, asset managers and service providers, Regulation Asia plays a key role in shaping the regulatory agenda. 

Visit www.regulationasia.com or connect via LinkedIn or Twitter. 

About Lloyd’s List Intelligence 

Lloyd’s List Intelligence delivers transparent and actionable maritime data, insight and analytics trusted by 60,000 professionals to empower confident decisions that drive the safe, efficient and lawful movement of trade by sea. Our advanced analytics, artificial intelligence and industry expertise transform unparalleled data into unique insight, delivered through data services, news and commentary, and publications. 

Visit www.lloydslistintelligence.com

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