Verifying a new business partner in global trade involves checking counterparties against multiple sanctions lists, cross-referencing business registry records, assessing corporate structures, and documenting every step, often across disconnected tools with no centralised audit trail. Identity Exchange has been designed to simplify this process. With the addition of Sanctions and Denied Party screening through a new partnership with Be Informed, that capability takes a significant step forward.
What the partnership with Be Informed adds
Through this integration, Identity Exchange users can now screen companies and individuals against more than 100 sanctions and law enforcement lists as part of their standard identity verification workflow, without switching platforms or maintaining separate screening services. Covered jurisdictions include the most consequential regulatory authorities for container shipping and global trade: the United States (OFAC), the United Nations Security Council, the European Union, the United Kingdom (OFSI), and Australia, Canada, Switzerland, and Singapore. Sanctions data is continuously updated, meaning regulatory changes are reflected in the platform without manual intervention in near real-time.The Differentiator: Company Data, Corporate Hierarchy, and Sanctions Screening Combined
Most screening tools work against a name or identifier in isolation. Identity Exchange links sanctions data directly to verified company profiles, which already include business registry information and corporate hierarchy data. Compliance teams can screen not only a direct counterparty, but also the entities connected through ownership structures, in a single workflow. This matters in container shipping, where freight forwarders, carriers, and solution providers regularly work with subsidiaries, agents, and intermediaries whose beneficial ownership may not be immediately apparent.What this means in practice
Business registry verification, corporate hierarchy review, and sanctions screening are linked to the same company profile, with each check logged automatically. Compliance teams have a documented audit trail without manually collating records from multiple sources, supporting both day-to-day onboarding and regulatory examination. The integration also supports continuous monitoring. Once a counterparty is onboarded and cleared, organisations can track status changes, including new sanctions designations, without re-running manual checks from scratch.A strengthened foundation for verified trade
By combining company registry data, corporate hierarchy, and sanctions screening in a single platform, Identity Exchange offers organisations a more complete basis for compliance decisions. The goal is to reduce the manual effort required to apply compliance judgement consistently, and to give the container shipping industry shared infrastructure for partner verification that reduces duplication of effort across the ecosystem.
Learn more
If you would like to see how sanctions and denied party screening works within DCSA Identity Exchange, or to understand how it could fit into your current onboarding workflow, schedule a call with our team or sign-up for a free trial.