Major US bike exporter Trek Bicycle, has selected ATTUS Technologies Inc to facilitate its import/export compliance screening requirements.
As a leading global bicycle manufacturer, Wisconsin-based Trek exports its products to over 100 countries around the world. All of its exports are subject to a multitude of US compliance laws and regulations designed to maintain the safety and security of the US, its citizens and its economy.
"A solution like WatchDOG Pro allows Trek to choose the watch lists relevant and required for their specific business and then simultaneously cross check their entire database or a single transaction against those lists," said Tom Fedell, President and CEO of ATTUS Technologies.
"That gives Trek an enormous amount of control over their screening process, as well as the confidence that they are maintaining full compliance with OFAC, CBP and BIS."
All US businesses, regardless of their industry or size, are subject to the US Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioning program. In addition, exporters such as Trek are also subject to the laws and regulations of the US Customs and Border Protection (CBP) and the Bureau of Industry and Security (BIS).
WatchDOG Pro uses an advanced name search algorithm. Developed by the technology experts at ATTUS, this gives its users greater assurance of the accuracy of its positive matches and less false positive matches to investigate.
Pro’s easy-to-use navigation and web-based platform make it possible for any assigned Trek employee to quickly and accurately complete the company’s watch list screening compliance obligations.
"Being able to process our international shipping faster and more efficiently is going to improve our delivery to our customers, and ultimately our global business. This program is a huge logistical step for us," said Jody Swentik, International Logistics Manager and Licensed Customs Broker of Trek Bicycles.
"Trek is well known for its stewardship of the environment for such feats as being the first Wisconsin manufacturer to switch to renewable electric power," added Fedell of ATTUS.
"Its desire to better fulfil its compliance obligations through WatchDOG Pro is just one more sign of its commitment to being an excellent corporate citizen by protecting the US economy from sanctioned individuals, entities or countries."
