Lloyd's List Intelligence introduces a new industry standard for maritime intelligence through its partnership with AI industry leader SAS
AsiaNet 90426
Lloyd's List Intelligence, the trusted expert providing actionable insight into the global maritime industry for 300 years, introduces a new industry standard for maritime intelligence through its partnership with artificial intelligence industry leader SAS
LONDON, July 5, 2021, /PRNewswire=KYODO JBN/--
Lloyd's List Intelligence, provider of transparent data, analysis, and
actionable insight for professionals connected to maritime trade, has teamed up
with analytics powerhouse SAS, a leader in artificial intelligence (AI), data
mining, modelling and forecasting. Together, they have developed a new level of
data-driven maritime insight for analysing vessels, movements and fleets using
managed analytics. This pioneering new application of artificial intelligence
allows Lloyd's List Intelligence customers to interpret and understand complex
vessel movements and behaviours in ways that were not possible before.
"Our collaboration with SAS has pushed our analytical capabilities into another
realm," says Michael Dell, President of Lloyd's List Intelligence. "We are now
providing our customers with a new level of risk detection and assessment that
resets the bar for maritime intelligence and drives transparency in the
industry."
Lloyd's List Intelligence 'Seasearcher Advanced Risk and Compliance' is the
first service to benefit from this partnership, to be introduced to the market
from late June.
Increasingly, organisations need to upgrade their ability to identify deceptive
shipping practices, understand greater context around the level and type of
risk, and take swift action to avoid fines, sanctions and reputational damage.
"As illicit activities climb and compliance requirements increase, there is a
need for more immediate, accurate decisioning to detect and mitigate potential
risks," says Matt Bidwell, Head of Product Management at Lloyd's List
Intelligence. "By leveraging powerful 'big data' and machine learning
capabilities from SAS, we've augmented the wealth of Lloyd's List
Intelligence's historical and detailed data – tens of billions of data points
–- with AI, to create an enhanced level of insight. During its development, we
consulted with practicing risk and compliance professionals to ensure that our
new service addresses their needs for greater support in solving some of the
most difficult and complex problems associated with risk assessment."
The new solution, Seasearcher Advanced Risk and Compliance, highlights risk
around probable illicit activities in one complete view that is not available
elsewhere, generating the most accurate and detailed analytics and risk
ratings. By factoring in many different layers of live and historical vessel
behaviour, the use of AI creates greater context around normal, abnormal, and
dark vessel movements. This brings a new level of insight and support for the
decisions that risk and compliance professionals need to make. Seasearcher
Advanced Risk and Compliance detects probable deceptive shipping practices such
as:
- Dark port calls
- Dark STS transfers (one- and two-way)
- Abnormal movements such as loitering
Additionally, there is enhanced context around AIS gaps, ruling out more false
positives.
Based on data models approved by experts in the shipping, commodities, finance,
insurance, and legal professions, and using one common language and
methodology, Seasearcher Advanced Risk and Compliance introduces a new and
efficient means for cross-industry evaluation and onward communication of
maritime compliance risk.
"The new solution we have developed with Lloyd's List Intelligence applies some
of our most advanced predictive analytics to create a level of insight around
vessel behaviours not previously possible," said Bert Boers, Regional Vice
President of Southwest Europe Sales at SAS. "The critical and fast-changing
nature of shipping demands that we employ the best analytical modelling with
the best maritime data to produce a new depth of insight that allows
professionals to make swift, accurate and confident decisions around risk and
compliance."
For more information about Seasearcher Advanced Risk and Compliance:
https://www.lloydslistintelligence.com/services/data-and-analytics/advanced-risk-and-compliance
About Lloyd's List Intelligence
As the trusted expert partner for 300 years, Lloyd's List Intelligence enables
60,000 professionals connected to maritime trade to act on the truth with
transparent data and analytics, validated analysis and actionable insight,
delivered through their data and analytics services, news and commentary,
reports and publications, and expert advice. Lloyd's List Intelligence is a
part of Informa PLC, a leading international intelligence, events and scholarly
research group with a FTSE 100 listing and a presence in over 30 countries.
About SAS [http://www.sas.com/about ]
SAS is the leader in analytics. Through innovative software and services, SAS
empowers and inspires customers around the world to transform data into
intelligence. SAS gives you THE POWER TO KNOW®.
www.lloydslistintelligence.com
SOURCE: Lloyd's List Intelligence
本プレスリリースは発表元が入力した原稿をそのまま掲載しております。また、プレスリリースへのお問い合わせは発表元に直接お願いいたします。
このプレスリリースには、報道機関向けの情報があります。
プレス会員登録を行うと、広報担当者の連絡先や、イベント・記者会見の情報など、報道機関だけに公開する情報が閲覧できるようになります。