On-going PEP, Sanction and Adverse Media Screening
Our latest product to join our comprehensive suite of Pay-As-You-Go compliance solutions includes On-Going PEP, Sanction and Adverse Media Screening. The service instantly matches the individual against global watchlists and displays the matches that have contributed to an alert. Of course, it doesn't stop there, with the on-going screening the individual is searched daily against the watchlists with instant alerts delivered to your inbox so your client due diligence never misses a beat. This service can be combined with other LEM Verify products to generate a very detailed analysis of your clients as part of any compliance process.
- Global Watchlists: Our continuously updated watchlist and sanctions intelligence supports compliance with key rules and regulations including: USA PATRIOT Act, Bank Secrecy Act (BSA), Anti-Money Laundering (AML) regulations. OFAC Sanctions, Fifth EU Anti-Money Laundering Directive, Society for Worldwide Interbank Financial Telecommunication (SWIFT), Automated Clearing House (ACH) and Fedwire protocols.
- Pay-As-You-Go: Only pay for the screens you need on-demand, with no annual commitment or monthly fees, our solution gives you the flexibility to confidently run your business without having to pay large upfront fees and worry about cash flow.
- Real-Time: Watchlists are automatically monitored on a daily basis with alerts sent to you in real-time so you can act quickly or simply let the LEM Verify automated service conduct additional client due-diligence.
- Automatic Triggers: On-going screens can be automatically created from an Identity Document Verifications and can also generate additional AML reporting if alerts are generated, so you can always be confident in your risk minimisation strategy delivered from a single compliance platform.
- Easy To Use: On-going screening can be created directly from the LEM Verify dashboard by simply entering the individuals' name and date of birth, or can be generated by the click of a button from an Identity Document verification.
- Web Services: We offer a RESTful API to easily request on-going screening with instant results and alerts sent via webhooks in real-time.
- Batch Processing and Discounts: If you an existing client base that requires on-going screening or an overall checkup then we offer secure batch file processing with large discounts for volume processing. Once a batch file has been processed the results are available instantly and are checked daily against the watchlists.
- Politically Exposed Persons: A comprehensive database of Politically Exposed Persons (PEPs), as well as those of their family members and associates.
- Sanctions Lists: Information from the most important sanction lists worldwide, including OFAC, EU, UN and HMT. Our OFAC sanctioned lists cover entities with 10% or more ownership.
- Adverse Media: An extensive database of profiles that have been linked to illicit activities from over 30,000 news feeds worldwide.
Get access to our suite of Pay-as-you-Go compliance products now to enchance your compliance procedures and verify clients within a few minutes.
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