UBO Discovery

Yes. Our solution is meticulously designed to meet stringent requirements from key regulatory bodies on the international, regional and national level, includng the Financial Action Task Force (FATF), United Nations (UN), European Union (EU), the US Office of Foreign Assets Control (OFAC), UK His Majesty's Treasury (HMT), the Monetary Authority of Singapore (MAS), and many others.

We partner with leading data providers, corporate registries, and official databases to ensure comprehensive data coverage of entities and individuals. To date, our solutions have helped our clients achieve an impressive 90% accuracy rate when identifying beneficial owners. We're always working to integrate more trusted data sources, improving the robustness of our solutions to meet your UBO needs.

When it comes to identifying beneficial owners, we understand the critical importance of both the depth and breadth of data integration. That’s why we’ve purposefully built an extensive data network by integrating databases from leading providers and corporate registries. Additionally, we continuously seek new ways to enhance the integrity and completeness of our data, ensuring you have the information you need to make informed compliance decisions faster and more accurately.

Some of our leading data providers include, but are not limited to:

• Dow Jones

• LSEG World-Check

• AsiaVerify

• OpenCorporates

• Handshakes

Our solution comes with an intuitive relationship mapping module that empower compliance teams to easily navigate complex ownership structures by illustrating them over an interactive, visual, no-code interface that allows easy exploration of relationships between individuals and entities. The relationship mapping module also provides insights into the corresponding ownership control levels of each customer involved, helping compliance teams understand the dynamics and make informed compliance decisions quicker.

Our UBO discovery solution is built to effortlessly scale with your institution. It seamlessly handles growing customer volumes, navigates increasingly complex ownership structures, and adapts to evolving regulations and emerging risk factors. Rest assured that your increasing compliance needs, both current and future requirements, will be adequately met without compromise.

Yes. The UBO discovery solution is a key component of our comprehensive KYC workflow, complementing other robust modules to help compliance teams address the full spectrum of KYC/AML requirements during onboarding and throughout the customer lifecycle. This workflow can be seamlessly integrated with your core banking, CRM, and ERP systems, streamlining processes and enhancing your institution’s compliance framework.