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ResQNet Releases New App for Homeland Security
by Alex Woodie
ResQNet has released a new
application designed to give companies an added measure of protection when dealing
with business partners that they may not be as familiar with as they should be. AlertU 2.0
is a Java servlet that automatically checks a company's trading partners against the U.S.
lists of suspected terrorists, drug traffickers, and other recognized groups and individuals
with whom it is illegal to do business.
New York City-based ResQNet introduced the new software last week as a way for
American companies to do their part for Homeland Security. The application runs on all
platforms that support Java, including OS/400, S/390, Unix, Linux, and Windows.
AlertU either deploys as a stand-alone application or is bundled with ResQNet's Web-to-
host connectivity applications, ResQNet and ResQPortal. The software can also be
seamlessly integrated with a company's existing legacy or Web-based transaction system,
running on any platform, to automatically check data or transactions entered into a
company database for unwanted trading partners.
By comparing the names on every transaction that passes through the system against
databases compiled by the Office of Foreign Assets Control and the Bureau of Export
Administration, AlertU gives its users the capability to be alerted of potential business
dealings that may be unethical or illegal.
The OFAC is the branch of the
U.S. Department of the Treasury that administers and enforces economic and trade
sanctions authorized by the president, Congress, or the United Nations. The BXA's activities include regulating the
export of sensitive goods and technologies to further U.S. national security, foreign
policy, and economic interests.
"It's always been against the law to knowingly, or unknowingly, do business with these
groups and individuals," stated Todres Yampel, president of ResQNet, in a press release.
"But, in today's global environment, dotting your i's and crossing your t's has taken on a
new urgency."
AlertU also allows users to create their own watch lists of individuals, businesses, or
other entities they want to avoid. This capability can be used to automatically scan
systems for partners who may be known felons, deadbeat dads, or phony corporations, as
well as for other organizations or individuals the user would like to avoid.
Industries that could potentially find a use for AlertU include multinational banks, foreign
trade financiers, Fortune 500 corporations, as well as any small or local business, says
Jim Shapiro, executive vice president at ResQNet.
For more information, visit www.resqnet.com.
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