As with most regulated industries, commercial real estate companies have their own specific challenges with supply chain and vendor due diligence, adverse media screening as well as customer onboarding and monitoring. Isolating the relevant data for complex entities is a common pain point for compliance teams at commercial real estate companies who need to become more efficient with their time.
Arachnys have deep domain expertise in working with commercial real estate companies to provide solutions that align with their risk policy, provide adverse media screening and due diligence tools, automate manual processes and reduce duplicative and manual work across their global compliance teams.
Backed by unparalleled global data sources, we provide the tools to help you automate and accelerate manual effort in supply chain due diligence, customer and vendor onboarding, monitor adverse media and mitigate reputational risk.
Commercial real estate firms need the ability to rapidly perform enhanced due diligence and adverse media screening on complex retail tenants in any country and language.
Real estate companies need to prove their due diligence findings to regulators with a clear audit trail, with better managerial oversight across their compliance teams.
Regulation in real estate is rapidly evolving meaning commercial letting agents will need to conduct stricter Customer Due Diligence (CDD/KYC) on landlords and tenants.
Automated AML & Investigations
Surface the content that matters, reduce duplication, manual effort and increase data re-use.
We act as a single lens, accessing and enriching the best KYC & AML data from global sources, which connects your compliance ecosystem to the data you need to make more confident compliance decisions.
Better data: Unparalleled global source coverage enables you to run 100% of your external data gathering process through a single set of tools
Less noise: Capture only the relevant information that matters, removing the noise associated with manual search techniques
Localized: Surface content in 98 languages, supported in multiple scripts including Arabic, Chinese and Cyrillic, across 220 jurisdictions
Audit control: Prove your findings with consolidated reports which include heat maps, summaries of completed steps and supporting research
Reduce duplication: Curation tools for your external research processes with the ability to share and reuse data across your organisation
Integrate: Connect your organization's workflow applications directly to the external data they need to make better, faster decisions
Global data search: Continuously search across 23,000+ risk-relevant, open-source and premium providers in over 98 languages supported in multiple scripts (incl. Arabic, Chinese & Cyrillic) across 220 jurisdictions
Configurable investigative process management: Investigative policy configuration and execution, guides your analysts in accordance with AML alert clearing and KYC/CDD/EDD processes
Automated screening tools: Reduce investigative cycle time using automated content-acquisition methods, and reduce false positives using automated screening tools for risk categorisation and assessment
Risk identification, categorization and evidencing: Providing fast, accurate and consistent risk determinations with automatic audit trail for simple or complex investigations
Structured report creation: PDF report generation and export capabilities (with or without appendix, translated and non-translated)
The EU Compliance Team for a global Commercial Real Estate Investment company were looking for a solution to enhance their Due Diligence (DD) and Enhanced Due Diligence (EDD) efforts, including additional Adverse Media Monitoring for their search engine research across all geographies.
An ongoing minefield for financial crime in the UK has been the property market. Whether this includes cheaper for-rent businesses and accommodations nationwide, or high-end properties attracting the crime of high-risk individuals, it is a growing problem that seems to be ignoring the need for anti-money laundering protocols.