Customs World develops RIISE: first of its kind leading-edge Customs platform
Customs World, a subsidiary of the Ports, Customs and Free Zone Corporation (PCFC), created a first of its kind platform based on the accumulative experiences of Dubai Customs. RIISE, the new platform, will be rolled out globally to empower different countries with a cost-effective and sustainable customs system that allows to effectively and transparently manage core customs activities and conduct trade in the global market. The disruptive system has been developed as a flexible, plug-and-play solution that can be deployed and customized based on the customer's requirements. The new system is expected to raise the ranking of the UAE and the countries that will use it on the global indexes, increase revenues, facilitate trade and secure borders and the supply chain.
RIISE, which was developed in cooperation with DUTECH, PCFC’s technology arm, provides easy and effective solutions that are built on an architecture based on advanced techniques including Artificial Intelligence(AI), Prediction, Natural Language Processing (NLP) and blockchain. The main objectives of the new system are to increase trade velocity by automating processes and eliminating traditional process bottlenecks, leverage the latest technologies such as machine learning and AI to expedite decision-making, and enable organizations to make real-time, performance-based decisions.
“This disruptive technical and functional CMS (Customs Management System) and the trade enabling platform takes the lessons and builds on the learnings and 100 years of distinctive experience and practices of Dubai Customs” Nadya Kamali, CEO of Customs World said. “To further solidify our commitment to make this world a safer place, the system recognises the threats and increasing challenges of today and provides the levels of border integrity that governments and their communities expect in such a way that sets world benchmarks for cross border trade”.