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EAST RUTHERFORD, NJ, September 7, 2011 -- Management Dynamics, a leading
provider of global trade management solutions, today announced that TALIS Group,
a world-leading provider of water valves and services for the whole water cycle,
has gone live with the Management Dynamics' Export On-Demand solution for
restricted party screening (RPS). Deploying Export On-Demand is a foundation
technology for TALIS's goal of centralizing and automating its global export
compliance processes.
Over the past year, the company's
European group has acquired multiple companies that now operate as TALIS Group
subsidiaries, prompting TALIS to consolidate management of its global trade
compliance capabilities. Since the beginning of May, Management Dynamics' Export
On-Demand solution has been running at all German entities in TALIS Group, with
additional European entities scheduled to come online in stages over the coming
weeks.
The TALIS Group subsidiaries trade
with approximately 30,000 parties around the globe, creating a highly complex
compliance environment. TALIS chose the Management Dynamics solution because of
its worldwide breadth of coverage, spanning more than 200 restricted party
lists, as well as its ability to support a phased deployment. TALIS' most
immediate need was automating restricted party screening, which is a key
component of Management Dynamics' comprehensive Export On-Demand solution, yet
have the ability to easily add additional functionality, such as License
Determination and Classification, as their compliance needs evolve.
The Management Dynamics' Export
On-Demand solution allows TALIS to centralize compliance management from TALIS
in Germany. Utilizing a multi-tenant and multi-organization architecture,
team-based workflow and on-demand in the cloud, all subsidiaries and offices
within TALIS Group can easily manage their own customer shipments.
"Restricted party screening is the
first step in our long-term strategy to implement a complete export control
program," said Manuela Tarasow, Trade Compliance Manager at TALIS Germany, and
head of the trade compliance program for TALIS Group. "With the modular
structure of Management Dynamics' Export On-Demand solution, we are assured of
easy expansion to further automate our export processes."
The Management Dynamics' Export
On-Demand solution was implemented in just five weeks from project kick-off to
go-live.
Nathan Pieri, Senior Vice
President of Product Management and Marketing at Management Dynamics, commented:
"With its highly complex organizational structure and rapid expansion, TALIS
Group has done very well to implement the first stage of a centralized global
trade compliance program in such a short time."
About TALIS
With the backing of powerful brand names such as ERHARD, BAYARD and BELGICAST...TALIS
is always the number one choice whenever water transport or control is required.
TALIS is the leading European product and solution provider for water
distribution, transport and control applications mainly serving industrial and
municipal customers. With the industry's strongest and comprehensive range of
products we offer comprehensive solutions for the entire water cycle. Our
experience, innovative technology, global expertise and individual consultation
process form the basis for developing sustainable solutions for the efficient
handling of the vital resource "water". For more information visit our website
www.talis-group.com. | 
