Management Dynamics, a specialist in global trade management solutions, has released RPS On-Demand 5.0, an advanced risk management solution that screens individuals and businesses to identify prohibited transactions based upon over 90 restricted-party lists. The new release leverages computational linguistics and teambased workflow to provide supply chain teams with a significantly higher level of screening accuracy and improved productivity for managing potential hits and maintaining compliance with U.S. export regulations.
With the flexibility to integrate with any enterprise system or ad hoc business process, RPS On-Demand provides the cornerstone of an export management system for companies that export to a related party or have a subsidiary that exports from another country. By establishing internal order processing controls, the solution helps companies of all sizes ensure compliance with frequently changing trade regulations.
RPS On-Demand 5.0 delivers substantial improvements in the accuracy of identifying restricted parties and the minimization of false positives by first normalizing input data, then applying new phrase-matching algorithms based on computational linguistics. A workbench provides systems administrators with the tools they need to tune the algorithms and test new configurations.
RPS On-Demand 5.0 is a hosted, Web-based application that can be implemented quickly and cost-effectively.
Company: Management Dynamics
Company Phone: (201) 935-8588
Company URL: www.managementdynamics.com