Case Study: Hafnia reduces AML false positives and onboarding times with ComplyAdvantage

Hafnia cuts customer screening to 5 minutes with ComplyAdvantage

Hafnia, a global shipping company specializing in energy commodities, faced challenges with its previous customer screening process, including delays in obtaining ultimate beneficial ownership data and a lack of real-time monitoring. To better manage its risk exposure across over 100 countries, Hafnia partnered with ComplyAdvantage for an improved adverse media and sanctions screening solution.

By implementing ComplyAdvantage's screening capabilities, Hafnia significantly boosted productivity. The solution reduced customer onboarding times, lowered false positives, and cut down time spent on alerts, with an initial screening search now taking as little as five minutes. The company also benefited from a close working relationship with the ComplyAdvantage team to refine its screening process.

Hafnia