This LexisNexis Risk Solutions case study details how United Bank Limited (UBL) addressed critical challenges in trade compliance. UBL, a large multinational bank, needed to align with new cross-border trade financing regulations like the Pakistan Single Window directive and automate manual processes prone to errors and delays. They sought to improve operational efficiency, reduce trade-based money laundering (TBML) risks, and enhance compliance decision traceability. UBL selected LexisNexis Firco Trade Compliance, a solution that automates and centralizes trade screening workflows, including sanctions, dual-use goods, and vessel tracking. This automation resulted in strengthened compliance, improved transaction turnaround times, and heightened risk visibility, effectively securing their t

Join for free to read