SOCAR Case Study

SOCAR Case Study

Download our case study and learn how SOCAR trading have benefitted from implementing PurpleTRAC

SOCAR Case Study

Case Study: SOCAR Trading and PurpleTRAC.

Learn how the oil products trading company has implemented Pole Star’s PurpleTRAC to give them complete and auditable vessel compliance.

Download the guide

Screening

Screening

Are you confident that the ships you are engaged with are not sanctioned? Screen them and their associates with PurpleTRAC.

Screening

Pole Star's PurpleTRAC screens ships and their associates against a comprehensive range of economic sanctions lists (including OFAC, EU, UN etc), interrogates Port State Control inspection records and analyses historical movements to determine if a ship has recently called at a blacklisted port or sanctioned country.

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Monitoring

Monitoring

From port of departure to ultimate destination, PurpleTRAC monitors your ship’s movements globally.

Monitoring

From port of departure to ultimate destination, PurpleTRAC’s advanced Voyage Monitoring Engine monitors the ship’s movements, detects significant events throughout its voyage and continues to screen it daily against the full range of global economic sanctions lists.

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Reporting

Reporting

Download a tamper-resistant, auditable and verifiable statement of your organisation’s sanctions compliance activity.

Reporting

PurpleTRAC maintains an up-to-date record of all users’ historical and on-going activities, providing a tamper-resistant, auditable and verifiable statement of your organisation’s geopolitical risk management and sanctions compliance activity.

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Global Sanctions List Analysis

Global Sanctions List Analysis

Screens ships against a comprehensive range of 37 international sanctions lists.

Global Sanctions List Analysis

Screen ships and their associates against a comprehensive range of 37 international sanctions lists and get specific and detailed information regarding international sanctions list non-compliance.

PurpleTRAC analyses data from:

  • IHS (Seaweb)
  • Dow Jones

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Port State Control Records Analysis

Port State Control Records Analysis

Checks ships Port State Control inspection histories to reveal deficiencies and detentions.

Port State Control Records Analysis

PurpleTRAC screens ships against a range of flag, class, and Port State Control (PSC) inspection deficiency and detention databases and blacklisted ports with PurpleTRAC, to identify detentions or deficiencies.

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Ship Movement Analysis

Ship Movement Analysis

Screens ships historic movements and identifies high-risk behaviour over the last 90 days.

Ship Movement Analysis

Screen a ship's last 90 days historic AIS movements and highlight any comprehensively sanctioned country or high-risk port calls.

PurpleTRAC analyses:

  • Port Category
  • Country / Port Name
  • Date & Time

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SOCAR Case Study

SOCAR Case Study

Download our case study and learn how SOCAR trading have benefitted from implementing PurpleTRAC

SOCAR Case Study

Case Study: SOCAR Trading and PurpleTRAC.

Learn how the oil products trading company has implemented Pole Star’s PurpleTRAC to give them complete and auditable vessel compliance.

Download the guide

Hybrid Track Technology

Hybrid Track Technology

PurpleTRAC brings together position data from multiple satellite tracking services to give you the insights you need.

Hybrid Track Technology

Because PurpleTRAC combines Orbcomm S-AIS, MarineTraffic T-AIS and Inmarsat-C data into a single coherent track, you can be confident that you have the most accurate information about the ship's position.

*Patent pending

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Detection & Alerts

Detection & Alerts

PurpleTRAC actively monitors the ship’s movements for key pre-defined events, so you don't have to.

Detection & Alerts

PurpleTRAC actively monitors the ship’s movements for key pre-defined events, including:

  • Entry into a sanctioned or war risk zone
  • Approach to high-risk areas

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Daily Screening

Daily Screening

PurpleTRAC continues to screen the ship against the full range of global economic sanctions lists on a daily basis.

Daily Screening

PurpleTRAC continues to screen ships against the full range of global economic sanctions lists on a daily basis.

PurpleTRAC analyses data from:

  • IHS (Seaweb)
  • Dow Jones

Learn more

SOCAR Case Study

SOCAR Case Study

Download our case study and learn how SOCAR trading have benefitted from implementing PurpleTRAC

SOCAR Case Study

Case Study: SOCAR Trading and PurpleTRAC.

Learn how the oil products trading company has implemented Pole Star’s PurpleTRAC to give them complete and auditable vessel compliance.

Download the guide

Comprehensive Data

Comprehensive Data

PurpleTRAC maintains an up-to-date record of all users’ historical and on-going activities.

Comprehensive Data

PurpleTRAC brings together all of your users historical screening and tracking activities and gives you a deep and comprehensive view of your organisation's compliance activities.

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Auditable & Tamper-resistant

Auditable & Tamper-resistant

Download tamper-resistant, auditable and verifiable statements of your organisation’s compliance activity.

Auditable & Tamper-resistant

With PurpleTRAC, you can be confidant that you have a comprehensive and verifiable statement of your organisation’s compliance activities available at the click of a mouse.

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Secure & Redundant

Secure & Redundant

The security of your data is our highest priority. That's why we've designed PurpleTRAC with multiple layers of protection.

Secure & Redundant

The security of your data is our top priority:

  • PurpleTRAC is password protected and HTTPs encrypted.
  • We use state-of-the-art, cloud-based web services to ensure a secure and redundant infrastructure.
  • Our systems are regularly tested to the highest standards.

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SOCAR Case Study

SOCAR Case Study

Download our case study and learn how SOCAR trading have benefitted from implementing PurpleTRAC

SOCAR Case Study

Case Study: SOCAR Trading and PurpleTRAC.

Learn how the oil products trading company has implemented Pole Star’s PurpleTRAC to give them complete and auditable vessel compliance.

Download the guide

News

Pole Star's Simon Ring to speak on expert panel at GTR Asia – Trade & Treasury Week 2016

2016’s Trade & Treasury Week in Singapore looks set to be the biggest and busiest yet! Building on its world-renowned reputation for attracting top-level trade and treasury financiers and business heads from across the globe, 2016’s expanded focus will place greater emphasis on the issues facing treasurers and the corporate treasury function.

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New strategic alliance to assist global financial institutions to better manage risk in maritime supply chains

A new strategic alliance between leading maritime fleet monitoring and risk management solution provider, Pole Star and PwC and is aiming to help organisations involved in international trade to better manage their legal and regulatory obligations.

PwC is working with Pole Star to explore new ways to assist financial services companies involved in maritime trade, including trade finance.

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SOCAR Trading implements PurpleTRAC for its vessel compliance program

In October 2014, SOCAR Trading identified an opportunity to improve and streamline its compliance processes. When it came to sanctions compliance and due diligence for ships, SOCAR identified four key challenges to address and they set out to find and implement a technology solution that would give them the ability to screen ships before a voyage, track ships during their voyages and report on the due diligence performed on-demand, at any time of the day or night.

SOCAR Trading turned to Pole Star's PurpleTRAC screening and sanctions compliance solution. With PurpleTRAC, SOCAR Trading are able to manage sanctions compliance and due diligence throughout the full lifecycle from pre-charter sanctions screening to post-voyage risk analysis.

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