The awards were announced at an event hosted by the International Monetary Fund (IMF) to highlight the crucial role technology can play in tackling corruption around the world. The awards represent the culmination of T4I, a global open innovation competition in which companies of various types and sizes submitted technology solutions.
Pole Star are excited to announce that we have been honoured with the Microsoft BizSpark+ Award. This award represents a full Microsoft BizSpark Plus membership, or an upgrade to an existing BizSpark membership, providing recipients with up to $120,000 of free Microsoft Azure cloud services over a two-year term.
We shared a presentation demonstrating how we automate complex risk management and compliance procedures in a simple online platform, streamlining what was previously an expensive and complex process, increasing transparency, and providing an innovative solution that reduces risk of terrorist funding, money laundering, and other serious threats to the safety of our seas.
Pole Star's PurpleTRAC solution provides:
Screening results in 30 seconds
Screen a ship and its associated owners, operators, and managers against a comprehensive range of international sanctions.
Availability online and on-demand
Screening is available 24/7 from any compatible browser, with no hardware or software to install.
A complete audit trail
Maintains a tamper-resistant, auditable, and verifiable up-to-date record of all screening activity.