Descartes Systems Group launches Visual Compliance™ AI Assist to enhance trade compliance by reducing false positives in denied party screening.
Quiver AI Summary
Descartes Systems Group has announced the launch of Descartes Visual Compliance™ AI Assist, an enhanced tool for denied party screening that leverages artificial intelligence to help trade compliance teams efficiently manage false positives—alerts that mistakenly identify benign entities as restricted or sanctioned. The technology aims to streamline the screening process by reducing the volume of low-quality alerts, thereby improving overall compliance efficiency while still being "risk-aware" to prevent actual violations. Key features include advanced AI-driven compliance support, customizable risk levels, and built-in audit and reporting capabilities. These innovations benefit a variety of industries navigating complex global trade regulations, enabling them to mitigate business risks and enhance compliance with less manual effort.
Potential Positives
- Introduction of Descartes Visual Compliance™ AI Assist, leveraging AI to significantly reduce false positives in trade compliance, enhancing operational efficiency.
- AI Assist enables compliance teams to increase productivity by minimizing irrelevant alerts, allowing for better resource allocation and focus on true risks.
- The solution provides advanced configurable risk levels, allowing organizations to tailor the AI's responsiveness to align with specific needs and regulations.
- Built-in audit and reporting features enhance transparency and help companies meet both internal and external compliance requirements effectively.
Potential Negatives
- The mention of forward-looking statements introduces uncertainty regarding the anticipated benefits of the new AI capabilities, which may concern investors about the actual performance versus expectations.
- The potential risks associated with AI, as noted in the press release, could highlight concerns about the reliability and effectiveness of the technology, possibly leading to skepticism among stakeholders regarding the solution's performance.
- The emphasis on human oversight suggests that despite advancements in AI, full automation may not be achievable, which could indicate limitations in the technology and implications for efficiency gains.
FAQ
What is Descartes Visual Compliance AI Assist?
Descartes Visual Compliance AI Assist is an advanced tool for denied party screening that utilizes AI to enhance trade compliance processes.
How does AI Assist reduce false positives in trade compliance?
AI Assist filters low-risk screening results and improves accuracy, significantly minimizing irrelevant alerts and decreasing false positive rates.
Who can benefit from Descartes Visual Compliance solutions?
Companies of all sizes across diverse industries like aerospace, finance, retail, and manufacturing can benefit from Descartes Visual Compliance solutions.
What are the key features of Descartes Visual Compliance AI Assist?
Key features include advanced AI-driven compliance support, configurable risk levels, and built-in audit and reporting capabilities for thorough oversight.
How does AI Assist improve the efficiency of compliance teams?
AI Assist streamlines workflows, reduces labor effort, and enhances decision-making, allowing compliance teams to focus on high-value tasks.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$DSGX Congressional Stock Trading
Members of Congress have traded $DSGX stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $DSGX stock by members of Congress over the last 6 months:
- REPRESENTATIVE JOSH GOTTHEIMER sold up to $15,000 on 04/09.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$DSGX Hedge Fund Activity
We have seen 148 institutional investors add shares of $DSGX stock to their portfolio, and 201 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MACKENZIE FINANCIAL CORP removed 1,083,341 shares (-21.9%) from their portfolio in Q1 2025, for an estimated $109,233,273
- PRICE T ROWE ASSOCIATES INC /MD/ added 936,718 shares (+15.1%) to their portfolio in Q1 2025, for an estimated $94,449,275
- GRANAHAN INVESTMENT MANAGEMENT, LLC added 332,508 shares (+715.5%) to their portfolio in Q1 2025, for an estimated $33,526,781
- INVESCO LTD. removed 270,579 shares (-31.2%) from their portfolio in Q1 2025, for an estimated $27,282,480
- CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. removed 203,578 shares (-10.7%) from their portfolio in Q1 2025, for an estimated $20,526,769
- FIERA CAPITAL CORP added 202,973 shares (+8.0%) to their portfolio in Q1 2025, for an estimated $20,465,767
- LORD, ABBETT & CO. LLC removed 200,015 shares (-30.4%) from their portfolio in Q1 2025, for an estimated $20,167,512
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$DSGX Analyst Ratings
Wall Street analysts have issued reports on $DSGX in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- RBC Capital issued a "Outperform" rating on 06/05/2025
- Scotiabank issued a "Sector Outperform" rating on 03/26/2025
- Stephens & Co. issued a "Overweight" rating on 03/06/2025
To track analyst ratings and price targets for $DSGX, check out Quiver Quantitative's $DSGX forecast page.
$DSGX Price Targets
Multiple analysts have issued price targets for $DSGX recently. We have seen 6 analysts offer price targets for $DSGX in the last 6 months, with a median target of $119.5.
Here are some recent targets:
- Chris Quintero from Morgan Stanley set a target price of $110.0 on 07/14/2025
- Paul Treiber from RBC Capital set a target price of $126.0 on 06/05/2025
- Raimo Lenschow from Barclays set a target price of $108.0 on 06/05/2025
- Kevin Krishnaratne from Scotiabank set a target price of $127.0 on 03/26/2025
- Thanos Moschopoulos from BMO Capital set a target price of $113.0 on 03/06/2025
- John Campbell from Stephens & Co. set a target price of $137.0 on 03/06/2025
Full Release
LONDON and ATLANTA, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced the release of Descartes Visual Compliance™ AI Assist, the latest advancement in denied party screening that uses new artificial intelligence (AI) capabilities to help trade compliance teams automatically reduce the effort required to review and clear false positives. False positives are alerts that appear to match restricted, sanctioned and denied party entities but are, in fact, benign matches that lead to unnecessary reviews, wasted time and delayed shipments for import or export.
“While it makes sense to cast a wide net with screening, false positives are a costly drag on time, accuracy and compliance performance,” said Brian Hodgson, General Manager, Trade Compliance at Descartes. “AI Assist significantly reduces low-quality false positives while managing the risk of true hits. With compliance, AI needs to be “risk-aware,” meaning it needs to deliver the tremendous value of AI without increasing the risk of violations. With AI Assist, for some customers, the combination of automation in collaboration with human oversight has helped reduce false positives to just fractions of a percent, even with large screening volumes. This is a significant gain in productivity for compliance resources who can be overburdened with irrelevant alerts.”
Descartes Visual Compliance is a cloud-based solution for export, financial and trade compliance, including restricted and denied party screening. The solution includes comprehensive watch list and regulatory content from the U.S. as well as the EU, APAC and EMEA regions. Descartes Visual Compliance helps companies of all sizes in diverse industries, such as aerospace, financial services, retail, manufacturing, education, transportation and defense, better navigate the ever-changing, complex world of foreign trade compliance by streamlining workflows, mitigating business risk and enhancing overall compliance.
“With the increase in global trade regulations and the substantial volume of information that flows through international commerce, having effective screening without overloading trade compliance resources with false positives is essential,” said Ken Wood, Executive Vice President, Product Management at Descartes. “To help businesses with this persistent challenge, our AI innovations accelerate the review and adjudication of screening results with intelligent filtering, flexible control and human-centered quality assurance, which enhances compliance levels while reducing labor effort.”
Key capabilities of Descartes Visual Compliance AI Assist include:
- Advanced AI-Driven Compliance Support: Enhance screening accuracy by automatically identifying and filtering low-risk screening results based on statistical analysis and machine learning algorithms. Streamline risk assessment with data-driven insights to support more informed decision-making and optimize the use of compliance resources.
- Configurable Risk Levels: Use adjustable AI settings to tailor the solution’s responsiveness to align with specific regulatory requirements, geographical or departmental needs or internal adjudication practices. This flexibility allows organizations to customize the review of results below defined thresholds and ensure full oversight of flagged entries on a continual basis as they change and grow.
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Built-in Audit and Reporting: Demonstrate due diligence with consolidated and accessible screening results that are supported by centralized, audit-ready reports and a comprehensive audit trail. With complete visibility and traceability of screening results, companies are better able to meet both internal and external audit requirements.
Learn more about Descartes Visual Compliance AI Assist and Descartes’ Global Trade Intelligence solutions.
About Descartes
Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com , and connect with us on LinkedIn and Twitter .
Global Media Contact
Cara Strohack
Tel: 226-750-8050
[email protected]
Cautionary Statement Regarding Forward-Looking Statements
This release contains forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that relate to Descartes’ global trade intelligence solution offerings and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, “Certain Factors That May Affect Future Results” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes’ most recently filed management’s discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.