Relational Vessel
& DoC Database
This system organizes and stores essential information about vessels and their Document of Compliance (DoC) holders. It forms the backbone for all subsequent analysis and decision-making processes.
Data
Analytics
Advanced analytics tools are used to examine the data for patterns, trends, and correlations, allowing us to extract valuable insights and identify potential issues early.
EDD Initiation
& Communication
Enhanced Due Diligence (EDD) is initiated based on the analytics findings, ensuring that any potential risks are identified and communicated clearly to the relevant clients.
Risk Assessment
& Risk Scoring
A comprehensive risk assessment is conducted to evaluate both the vessel and DoC holder, leading to the calculation of a risk score. This score quantifies the level of risk associated with each entity.
Recommendation
& Report Generation
The insights and risk scores are compiled into detailed reports, accompanied by actionable recommendations to guide decision-making and risk management strategies.