If your up-front customer or third-party vetting processes aren’t airtight, you may be letting in “bad actors” or exposing your organization to risk from hidden relationships. And if you haven’t properly connected the dots of all risk relevant information around your business relationships, you won’t know where to apply extra due diligence when high-risk activity is detected down the road.
LexisNexis® Know Your Customer (KYC) and Due Diligence solutions combine intelligent analytics and robust, integrated technology that streamline the entire due diligence process by providing a variety of searches that deliver thorough insight about parties dealing with your organization. Dig into personal and business histories to gather critical KYC details. Link to profiles of over 3 million individuals and companies showing history in more than 50 risk categories and subcategories, such as sanctions, money laundering and PEPs.
A snapshot summary of a financial institution's BSA/AML risk built from dynamic, index-based attributes
Streamline regulatory compliance, protect your business and increase revenue
Robust databases of high-risk individuals and entities
One-stop Sanctions, PEPs and Adverse Media solution
Protect against money-laundering, fraud and non-compliance
Dynamic index-based perspective into key customer BSA/AML risk characteristics
Eliminate the noise and focus on what’s important with effective alert remediation
Optimize customer data to identify opportunities and avoid risk