Standard Chartered Cuts Screening Time 85% With Trade iQ

One of the world's leading international banks, Standard Chartered, has selected Trade iQ to power its trade compliance operations, bringing automated detection to its trade finance portfolio at global scale.

The deployment brings Trade iQ's screening, transaction monitoring, and price verification modules into the bank's trade finance workflow, replacing manual review steps that previously slowed down screening decisions across a high volume, cross-border book.

85% Faster Screening, At Enterprise Scale

Since going live, the bank has cut screening time by 85%, a reduction made possible by moving from manual, sample-based review to automated screening that runs across the transaction lifecycle rather than at a single checkpoint. Delta screening continues to catch new risk on parties that were previously cleared, and every document, policy, and vessel alert now surfaces into one queue instead of several disconnected ones.

An 85% reduction in screening time reflects what changes when screening runs continuously across the transaction lifecycle, instead of being triggered manually at a handful of checkpoints.

Solutions Deployed

• Transaction monitoring, live against Trade iQ's red-flag scenario library
• Sanctions, PEP, and adverse media screening across the transaction lifecycle
• Price verification against live commodity feeds and transaction history

The deployment is part of a broader pattern across Trade iQ's client base: banks that move from periodic, manual trade reviews to continuous, automated screening consistently see the review time drop while the number of transactions actually reviewed rises, in this case to 100% of the trade finance portfolio.