Federal Government
Protect the global supply chain while creating trade.
Dun & Bradstreet enables customs agencies to improve connectivity with other agencies and trading partners, facilitating smooth international commerce and confident intelligence-driven risk management.
As local, regional, and national economic development organizations endeavour to promote local economic growth, access to accurate, relevant, and current global business data becomes a key success factor. By leveraging this data, government agencies are able to mitigate economic loss due to changes in business and market dynamics, identify international opportunities for local businesses, encourage foreign direct investment, and promote job growth.
To achieve greater connectivity among customs agencies and all participants of the global trade ecosystem, a set of mutually agreed upon data formats, standards, and protocols must be adopted in order to facilitate the exchange of valuable information. For example, the implementation of a global unique identifier to accurately identify trading entities enables agencies with a powerful and standardized means by which to share data among mutual recognition agreement (MRA) partners.
These technological advances strengthen security by helping to accurately identify low-risk traders, while also increasing efficiency with account-based risk segmentation and cargo processing.
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