Tüpraş Goes Live with Amber Road's Restricted Party Screening Solution
06 Maggio 2015 - 3:00PM
Business Wire
Amber Road (NYSE: AMBR), a leading provider of global trade
management solutions (GTM), today announced that Tüpraş A.S.,
(Turkish Petroleum Refineries Co.) is live with Amber Road’s
automated restricted party screening solution, following a six week
implementation.
Tüpraş, Turkey’s largest industrial enterprise, is part of Koç
Holding, the country’s biggest conglomerate. As the operator of
four major oil refineries in Turkey, Tüpraş does business with
about 12,000 entities around the world, such as suppliers,
customers and financial institutions. As part of a broad initiative
to build a comprehensive corporate compliance strategy, tied to a
more stringent regulatory environment and greater demands from its
business partners, Tüpraş fast-tracked the restricted party
screening portion of its program.
Tüpraş cited ease of use and comprehensive functionality as the
primary reasons it selected Amber Road’s Restricted Party Screening
solution. The solution enables Tüpraş to screen trading partners
against restricted party, sanctions and embargoes lists. It also
provides automated monitoring against changes on existing and newly
added lists. Additional factors in Tüpraş’ decision included
standard support of automated notifications and escalation
scenarios, and extensive audit trail and reporting capabilities.
Since Amber Road’s Restricted Party Screening module is an
integrated part of its broader Export On-Demand solution, Tüpraş
also has the ability to integrate additional functionality down the
road, with minimum changes to existing configurations.
”Amber Road’s Export On-Demand solution helps to ensure that we
don’t conduct business with a restricted party,” said Ardan Aksade,
compliance officer of Tüpraş A.S. “Because it’s an automated
solution that performs screens automatically, the solution has also
streamlined our business processes by eliminating manual work.”
Jim Preuninger, CEO of Amber Road, said: “Although we already
have a number of customers with operations in Turkey, Tüpraş is our
first customer headquartered there. We continue to expand our
geographic footprint and to engage with prospects in new
countries.”
About Amber Road
Amber Road’s (NYSE: AMBR) mission is to dramatically change the
way companies conduct global trade. As a leading provider of cloud
based global trade management (GTM) solutions, we automate import
and export processes to enable goods to flow across international
borders in the most efficient, compliant and profitable way. Our
solution combines enterprise-class software, trade content sourced
from government agencies and transportation providers in 145
countries, and a global supply chain network connecting our
customers with their trading partners, including suppliers, freight
forwarders, customs brokers and transportation carriers. We deliver
our GTM solution using a Software-as-a-Service (SaaS) model and
leverage a highly flexible technology framework to quickly and
efficiently meet our customers’ unique requirements around the
world.
For more information, please visit www.AmberRoad.com, email
Solutions@AmberRoad.com or call 201-935-8588.
Media ContactKathleen Hickey+1
202-607-7553KathleenHickey@AmberRoad.comorAmber Road
ContactsAnnika Helmrich (US & Canada)+1
201-806-3656AnnikaHelmrich@AmberRoad.comorMartijn van Gils (Europe
& Asia)31 (0) 207997790MartijnvanGils@AmberRoad.com
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