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Using Shipment Data for Compliance: The Panjiva API

Using Shipment Data for Compliance: The Panjiva API

  • By michael
  • · July 29, 2014

The Panjiva API has been deprecated

We do some pretty amazing things with data on Panjiva. For example, our Network View tool gives you a complete visual read on trade relationships. And our Trends tool provides an easy view of products coming into the U.S. over the past seven years. Some of our clients have expressed interest in being able to build tools like these on their own – and the API can help.

Our client Arachnys provides a digital platform that helps due diligence and compliance professionals understand risks and opportunities in emerging markets. They have a wealth of data on countries, and companies, in emerging markets–but they wanted to add shipment-level trade data to the mix. They contacted Panjiva to see if we could help. Now, Panjiva is working with Arachnys on a new API application that is going to add shipment records to the Arachnys platform, supplementing their existing data so that Arachnys users can see trade records at the company level. This will allow Arachnys’ clients to see entities that are trading with embargoed countries and to verify trade relationships.

“Our clients need insights into companies in markets where data is incomplete, and Panjiva helps us provide that insight,” says Arachnys CEO, David Buxton. “We’re using shipment data on the Arachnys platform so that our customers can spot compliance issues like trade with countries under sanctions, but also to give an alternative perspective on a company by seeing who its trading counterparties are and whether or not the volume of goods it moves matches up with the picture it presents to the outside world. It’s going to be a powerful tool.”

 Compliance is just one of the ways that our clients are using Panjiva data, as provided by the API. Join our experts for a Panjiva API Webinar, taking place June 30 at 3:00 p.m. EST to learn more.


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