- Manage your risk based approach more efficiently
- Optimized for AML and anti-corruption compliance
- 200+ sources from 50+ respected international organizations
- Enable a ranking of countries-by-risk
- Fully integrated into the World-Check application
- Auditable proof of due diligence with downloadable reports
Objective decision making - when a Know Your Customer (KYC) screening hit has been verified as a true positive, customers must make a decision as to whether to engage in the business relationship. Country risk intelligence can be a powerful tool in that decision.
Supplier on boarding – Organizations with global supply chains are subject to strict anti-corruption laws like the FCPA and UKBA. Country risk intelligence can be a critical tool in mitigating these location based risks and stay on top of developments.
Risk Based PEP screening – Check a PEP that has been flagged in the KYC screen for any possible location based risk.
Product launch or distribution – Develop or restrict launch and distribution activity based on for example, corporate risks or prevalence of counterfeiting in a particular region.
Charity groups or donor aid – Determine which countries are high risk for AML and corruption to plan accordingly for stricter compliance requirements. For example, whether aid should be given to any government entity within a certain jurisdiction.
Transaction Monitoring – Suspicious accounts can be screened for risk based on their location and help to focus enhanced due diligence efforts.
Integrated into World-Check
As an advanced feature of World-Check Online, compliance departments are able to do their Customer Due Diligence screening against World-Check Risk Intelligence, while at the same time checking for location based risk using the full capabilities of Country-Check – all within the same system. Country-Check and World-Check Online customers have a powerful advantage.