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EAST RUTHERFORD,
NJ, November 5, 2009 --
Management Dynamics, a leading
provider of
Global Trade Management (GTM)
solutions, today announced
that Communications Test Design,
Inc (CTDI), a full service
global engineering, repair and
logistics company, implemented
its RPS On-Demand solution, an
advanced risk management
solution that screens
individuals and businesses to
identify prohibited transactions
based upon over 90 restricted
party lists. Since automating
restricted party screening,
CTDI has significantly reduced
corporate risk and improved
compliance with global trade and
security regulations while
minimizing time and resources
required for screening.
Providing repair and logistics
services for major Telecom and
Cable service providers and
OEMs, CTDI also provides the
service of screening shipments
for many of its customers. CTDI
needed to streamline its
screening process across
multiple order management
systems and 25 locations. The
company selected Management
Dynamics’
RPS On-Demand solution for
its functionality, ease of use,
and ability to centralize its
compliance with multi-org and
team-based workflow to enable
its global branches to easily
manage their own customer
shipments.
"We needed to prevent any
illegal transactions with
restricted entities or trade
parties and avoid potential
fines and penalties for CTDI and
its telecom customers. We had
previously relied on a
fragmented, incomplete process,"
said Greg Pugh, Global
Compliance Manager, CTDI.
"Management Dynamics provided
the best value and came highly
recommended by many authorities
in the trade industry. It was
also very important that the
screening did not create a
cumbersome distraction during
high volume shipping processes.
Since using the
RPS On-Demand solution, we
have significantly reduced our
corporate risk, liability and
exposure to prohibited
transactions."
Available on a flexible,
on-demand architecture,
Management Dynamics’ RPS
On-Demand solution addressed
CTDI’s needs with a secure,
comprehensive method to automate
screening of its customers,
vendors, and other trading
partners against all restricted
party lists from governmental
institutions worldwide. With
improved screening algorithms
based on computational
linguistics,
RPS On-Demand delivers at
least a 30 percent improvement
in screening accuracy with a 70
percent reduction in false
positives over traditional
methods. The Web-based solution
integrates with any enterprise
system and can be quickly and
cost-effectively implemented.
"Today, exporters are held to a
higher level of accountability
to meet government mandates than
ever before," said Jim
Preuninger, CEO of Management
Dynamics. "CTDI uses our RPS
On-Demand solution to centralize
and streamline its compliance
process to improve productivity
and effectively manage supply
chain risk."
About CTDI
A premier Telecommunications
service company headquartered in
West Chester, PA., CTDI has
provided groundbreaking
maintenance and product service
solutions to the global
telecommunications industry
since 1975. Today,
CTDI offers the most
comprehensive Service Portfolio
in the industry that includes:
Wireline Repair & Logistics,
Wireless Repair & Logistics,
Engineering and Installation
services, Global Supply Chain
solutions and Product
Engineering and Manufacturing.
Today, CTDI services Original
Equipment Manufacturers (OEM)
and Carriers with 42
international strategic repair
and logistics locations
supported by an experienced team
of over 4,500 telecommunications
professionals. For more
information, visit
www.ctdi.com.
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