If your up-front customer and third-party vetting procedures aren’t airtight, you may be letting in “bad actors” and exposing your financial services institution to costly compliance and reputational risks. An integrated approach to critical Know Your Customer (KYC) and Customer Due Diligence (CDD) workflows can improve visibility into potential risks associated with financial crimes like money laundering and terrorist financing while providing valuable insight into customer life events and changes.
Our Know Your Customer (KYC) and Customer Due Diligence (CDD) solutions combine intuitive technology such as, machine learning and AI, proven analytics and expansive global risk intelligence to support a comprehensive Know Your Customer (KYC) workflow across the entire customer lifecycle. Our integrated tools set the foundation for an effective customer lifecycle management strategy that reflects current financial crime compliance risk realities and supports core operations for global financial institutions:
We connect you to over 4 million structured profiles of individuals and entities that deliver robust intelligence to enable financial institutions to effectively manage complex financial crime compliance regulatory requirements and conform with key components of more than 100 anti-terrorism and money laundering laws, including: USA Patriot Act, the Fifth EU AML Directive, FATF guidelines, MAS, the ACRA Act and Beneficial Ownership regulatory requirements. Our expansive customer risk profiles are updated on a daily basis and cover more than 50 risk categories and subcategories, including global sanctions, enforcement actions, PEPs, state-owned enterprises, registration lists and adverse media. Our KYC and CDD tools enable financial institutions to focus resources on relevant financial crime compliance and anti-money laundering (AML) risks, strengthen KYC processes and KYC policies and automate critical customer due diligence procedures (CDD) to increase efficiencies and reduce delays and friction for legitimate customers.
We combine advanced technology with innovative tools to help financial institutions precisely identify customer risk and stay ahead of evolving financial crime compliance regulations. Streamline customer identification procedures, simplify account openings and accelerate ongoing financial services transaction workflows and KYC processes without adding significant friction to the customer experience by leveraging targeted Know Your Customer (KYC) and Customer Due Diligence (CDD) tools that enable financial institutions to isolate financial crime compliance and anti-money laundering (AML) risks:
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