Due Diligence with World-Check and Alessa

January 20, 2020

Refinitiv World-Check Risk Intelligence expands screening and due diligence capabilities by providing a comprehensive database that delivers over 3 million continuously updated records of heightened-risk individuals and entities worldwide.

When combined, Alessa and World-Check offer customers the power to screen in real time during onboarding and for transactions to block potentially high-risk situations.

This enhanced capability allows screening of:

  • Politically exposed persons (PEP), close associates, and family members
  • State owned entities and state invested enterprises
  • Individuals on sanctions, global regulatory and law enforcement lists
  • Negative media
  • Vessels information and more

 

Benefits of using Alessa and World-Check

Use a single solution for compliance:

  • Choose from on-demand, periodic or real-time screening options
  • Incorporate results from risk screening into onboarding, transaction monitoring, risk scoring and regulatory reporting processes
  • Use automated workflows and case management to drive and track investigations
  • Maintain an audit trail of all due diligence activities for auditors and regulators
  • Reduce workload and have a holistic view of risks across the organization

Enhance screening processes:

  • Rely on advanced techniques to identify matches and reduce false positives
  • Triage matches to quickly and easily confirm or dismiss prospects
  • Match prospects by aliases, biography, nationality, date of birth and more
  • Review entity connections, locations, key incidents (convictions/sentencing) and presence on sanction and watch lists
  • Update risk scores with entity and transaction information for a risk-based approach to compliance

 

Download our brochure to learn more about Alessa with World-Check.

 

DOWNLOAD BROCHURE

Recent Posts

Try Alessa