The launch of Organization Defined
Risk in Windward's Maritime AI platform will allow
organizations to set their own risk and behavioral
indicators to automatically identify risk according to their
unique business definitions.
LONDON, May 29, 2024
/PRNewswire/ -- Windward (LSE: WNWD), the leading Maritime AI
company, announced today the launch of Organization Defined
Risk (ODR), a fully configurable risk management tool within
its platform. This new function allows organizations to
independently define and configure risk and behavioral indicators
that fit their unique business and risk requirements, empowering
them to proactively manage risk more effectively and
efficiently.
As different organizations or departments within an organization
have different considerations for risk management, Windward's ODR
is the first solution to provide them the flexibility and autonomy
to configure their own risk thresholds and establish and implement
policies adhering to organizational standards.
In addition to the predefined customizable regimes and lookback
periods, organizations now have the ability to define and configure
their own customized risk profiles. Users can define a query such
as "vessels that called port in Myanmar in the past year" and save it with a
moderate, high-risk, or indication level. Once a behavioral
indicator or sequence has been defined, users within the
organization will be able to screen vessels, seeing both Windward's
risk recommendation as well as the recommendation defined by their
organization.
The ODR capability is also valuable for governmental and
intelligence organizations who can now implement risk parameters
based on intelligence and receive automatic alerts for vessels
fitting those criteria, creating new leads. This allows them to
efficiently stay ahead of the evolving landscape and fully utilize
intelligence leads in order to drive operational outcomes.
"As the sanctions and risk landscape evolves faster than ever,
we at Windward are constantly in tune with our customers'
requirements and realized the need for agility and the ability to
add their own definitions and variations of maritime risk. From the
Dark or Grey fleet to humanitarian, security, or sanctions
considerations, Windward is now empowering customers to be one step
ahead of the game, mitigate risk, and maximize business
opportunities," said Ami Daniel,
Co-founder & CEO of Windward. "This is a testament to
Windward's significant investment in R&D, allowing our current
and future customers to benefit from a dynamic solution for any
situation."
Windward's Maritime AI platform is powered by advanced machine
learning and behavioral analytics models, utilizing billions of
data points to provide valuable insights into vessel behaviors, and
ownership structures, and predict in real-time which vessels are
likely to be involved in illicit activities. Windward's solution is
the global standard in maritime domain awareness, empowering its
clients across the government, finance, shipping, energy sectors,
and beyond to optimize business practices and efficiently navigate
all aspects of maritime risk in real time.
About Windward
Windward (LSE:WNWD), is the leading Maritime AI™ company,
providing an all-in-one platform to accelerate global trade.
Windward's AI-powered decision support and exception management
platform offers a 360° view of the maritime ecosystem and enables
stakeholders to make real time, predictive intelligence-driven
decisions to achieve business and operational readiness.
Windward's Maritime AI supports companies across industries. The
company's clients range from oil supermajors, freight forwarders,
and port authorities, to banks, shippers, insurers, and
governmental organizations.
For more information visit: https://windward.ai/.
Media Contact:
David
Hoffman
Headline Media
david@headline.media
+972-52-842-1955
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SOURCE Windward