Company:Visual Compliance
| Type | Public |
|---|---|
| Industry | Global Trade Management Supply Chain Management, Import/Export Management |
| Headquarters | Buffalo, New York, USA |
Key people | Marc Roy (General Manager and VP Compliance Solutions) Steven Crozier (VP, Director of Technology) Selina Kwan (VP Finance) |
| Website | www.visualcompliance.com |
Descartes Visual Compliance (USA) LLC (dba "Visual Compliance") is a technology company that specializes in global trade compliance solutions[buzzword], in particular applications that allow thousands of subscribers located in over 100 countries to screen for denied and restricted parties. The company was acquired by Descartes Systems Group in February 2019.[1] [2] The purchase price for the acquisition was approximately US $250 million.[3][4]
Operations
Visual Compliance is based in Canada and serves over 2,000 customers with over 67,500 subscribers operating in over 100 countries.
Visual Compliance users include small business, research institutions, government organizations, Fortune 500 companies, and universities, scientific research institutions, among them NASA, MIT, University of Texas, University of Florida, among many others. Inbound Logistics named Visual Compliance one of the Top 100 Logistics IT Providers in 2016, 2017 and 2018.[5]
History
Rajiv Manucha founded the company in 1981. Visual Compliance grew from a three-person operation to one with approximately 100 employees in offices located in Toronto, Ontario and Buffalo, New York. In February 2019, Visual Compliance joined Descartes Systems Group.[6][better source needed]
See also
- Denied trade screening
- International trade
- U.S. Customs and Border Protection
References
- ↑ "Descartes Acquires Visual Compliance". February 2019. https://www.descartes.com/visualcompliance.
- ↑ "Descartes Completes Acquisition of Visual Compliance / eCustoms Business". GlobeNewswire. February 13, 2019. https://www.globenewswire.com/news-release/2019/02/13/1724467/0/en/Descartes-Completes-Acquisition-of-Visual-Compliance-eCustoms-Business.html.
- ↑ "Descartes To Acquire Visual Compliance / eCustoms Business". Jan 28, 2019. https://www.descartes.com/news-events/general-news/descartes-acquire-visual-compliance-ecustoms-business.
- ↑ "Descartes signs agreement to acquire Visual Compliance". January 29, 2019. https://www.americanshipper.com/news/descartes-signs-agreement-to-acquire-visual-compliance?autonumber=73254&origin=relatedarticles.
- ↑ "2018 Top 100 Logistics IT Providers". 4 April 2022. https://www.inboundlogistics.com/cms/top-100-lit/.
- ↑ "Descartes Acquires Visual Compliance". February 2019. https://www.descartes.com/visualcompliance.
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