International trade is based on growing volumes of logistical data, making it increasingly challenging for customs organizations to secure legitimate trade and collect revenue effectively. NEXYTE, Cognyte's Decision Intelligence Platform, is designed to accelerate decision making and prevent illegal

NEXYTE for Customs Intelligence & Invest

nexyte-for-customs-intelligence-investigation

International trade is based on growing volumes of logistical data, making it increasingly challenging for customs organizations to secure legitimate trade and collect revenue effectively. NEXYTE, Cognyte's Decision Intelligence Platform, is designed to accelerate decision making and prevent illegal trade through multi-source data fusion and machine learning analytics. Using NEXYTE allows customs organizations to automatically assign a risk score for imports and exports, leading to better customs clearance and increased revenues. SOURCES INSIGHTS Manifests . . . . . . Container/Package risk score Invoices Links between individuals, companies & shipments Import/Export registry Timeline pattern anomalies Registrar of companies X-ray images Object recognition in images/videos PLATFORM Unify your customs investigations into a single workspace to save time and money + Fuse structured and unstructured customs data points into unified entities + Single pane-of-glass for multi-source customs investigations + Independently add data sources using standard APIs Boost your customs clearance process and increase revenue collection + Automatic risk scoring for packages and containers going through customs + Detect similar entities to those involved in suspicious shipments for further investigation + Extract and correlate identifiers from documents, images and videos Detect and seize unauthorized shipments based on previously unattainable insights + Identify hidden relations between individuals, companies and shipments + Customer-defined analytics based on specific investigation needs KEY BENEFITS OF USING NEXYTE FOR CUSTOMS USE CASE NEXYTE for Customs Intelligence & Investigation Increase customs revenue collection with data fusion & analytics 1. In 2021 501.5 million items seized by World Customs Organization (WCO) 2. On a typical day, US customs seize $342,000 in undeclared or illicit currency Source: http://www.wcoomd.org/en/media/newsroom/2022/june/ operation-stop-ii.aspx Source: https://www.cbp.gov/sites/default/files/assets/documents/2022- Apr/cbp-snapshot-042022.pdf 

NEXYTE_For_Customs_SB

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