What levels of financial crimes compliance does FinClusive provide?

Learn how FinClusive assists organizations in meeting their financial crimes compliance requirements.

Written By Taryn Nelson ()

Updated at August 1st, 2023

FinClusive’s Customer Due Diligence (CDD) checks provide KYC and KYB for both domestic and international individuals and entities with beneficial owners and significant parties all in one solution. Our platform screens hundreds of global sanctions and watch-lists including the United States Department of the Treasury Office of Foreign Assets Controls (OFAC), the European Union, United Nations, Politically Exposed Persons (PEPs), and others. Customer Due Diligence is available on demand through our automated system and is available with API integration. Wherever your company is located, FinClusive's CDD solution is available to assist your business in one convenient, online platform.

FinClusive’s Enhanced Due Diligence (EDD) is an in-depth report on individuals and entities through open source and closed research networks. Reports cover social media and negative news, reputational analysis, source of funds analysis, and corporate document validation and retrieval when available. Each report is risk scored using FinClusive’s proprietary risk model focused on the actual risk of your client versus traditional models focusing solely on the perceived risk. Risk scoring profiles can also be developed with your business’s risk appetite in mind to give you accurate assessments before entering into a new relationship with a prospective client.

EDD reports for domestic entities and individuals are provided usually within two to three business days. Reports on foreign entities are typically provided within three to five business days depending on the jurisdiction and availability of information.

FinClusive’s Bespoke & Offline Due Diligence takes our Enhanced Due Diligence (EDD) one step further, providing access to tailored intelligence and background information, including information not retrievable online or through digital databases. This information further tailors EDD reports to your company’s specifications. Along with advanced negative news, social media, and internet screenings, we provide litigation research, access to regulatory records, and education and employment histories. Offline and manual document retrieval is available as well as local source commentary and discreet intelligence gathering to further enhance our analysts’ reputational analysis of the individual or entity. FinClusive also conducts dark web searches and analysis for interested companies.

The Bespoke & Offline Due Diligence reports are provided within two to three business days depending on search criteria, complexity of the subject/client and jurisdiction.