Leveraging more than 10 years of R&D in data fusion, we provide best-in-class technological platform tackling international trade security challenges.
The rapid growth in the global economy has made international trade a key stake for various actors. But international trade implies complex logistics flows with a real difficulty to get a real-time overview of the status of goods that are being transported.
This situation is not comfortable for all companies whose value is based on international bought-in goods and supplies. Conversely, the opacity of international trade facilitates trafficking in all its forms: money laundering, terrorism financing and evading sanctions regulations or other restrictions.
In this context, our purpose is to collect and analyse relevant data to analyse and secure international trade transactions in order to guarantee their original soundness.
Lestr – pronounced Lester – is Semsoft solution created to help its customers mitigate risks related to international trade transactions.
Founded in 2009 by François Paulus, Semsoft is a software editor leveraging more than 10 years of R&D in the realms of semantic web technologies to automate data fusion from multiple sources. Its purpose is to turn the Big Data promises into operational concrete benefits for its customers.
Lestr started as an HSBC project to reduce the time spent to check international trade transactions and to improve its capabilities to detect and prevent financial crimes. Lestr is today used by several major banks and law enforcement agencies.
Lestr brings together a multidisciplinary team of Semsoft employees and their number is only growing! Semsoft is based in Rennes, Brittany, a region historically related to maritime trade.