Risk-assessment-EDD

Risk Assessment & EDD

Centralizing Investigations and Policy Adherence

Investigating potential customers requires a wide-ranging set of risk data. This data must come from disparate information sources that are managed by your global investigative and compliance processes. This approach drives your collection of inputs for risk analysis as well as access to third party content providers. Single working environments for accomplishing these tasks is essential.

 

Use Cases:

  • High Risk Investigations
  • Risk assessment
  • Enhanced Due Diligence
  • Centralized investigations and policy management
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Global Capability

Global risk assessment and EDD efforts which embrace a risk-based approach is a methodical and systematic way of knowing a company’s business, identifying its risks and implementing the best risk management practices that mitigate those liabilities. To accomplish these, Arachnys provides global FIs with the tools to conduct rigorous Due Diligence investigations worldwide.

 

 

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Define, Implement and Prove 

The process of conducting advanced diligence investigations requires (1) the ability to define your process and content, (2) implement that process and (3) prove  your results. To do this we've developed Arachnys /Navigator:

  • Full "wizard-based" guidance for your investigations
  • Define custom process flows and content types and sources to be assessed
  • Design and implement sanctions screening
  • Conduct searches across 23,000 sources, in multiple languages and over 195 jurisdictions
  • Automates evidencing and reporting
  • Adverse media searches in foreign languages and risk relevancy
  • Auto-suggests risk elements to be evaluated
  • Premium source investigation
  • Prove your findings with a consolidated pdf report which also includes heat maps, summaries of completed steps and audit supporting detail
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Firm Benefits

  • Creates a 360 degree views of potential and real risk entity exposure, thereby supporting  reputational risk mitigation
  • Significant ROI from reduced hiring costs, quicker turnaround times and
    increased analyst performance
  • Decreased analyst team taking  large amounts of manual evidencing and QA cross-referencing and increased time conducting analysis
  • Automation and analyst augmentation means that your organization can increase throughput with less resources

  • Significant support for compliance needs by providing complete audit trails to track all components of an analyst's investigations

  • Supports escalated EDD using 3rd party providers all markets, jurisdictions and populations as policy dictates

SECURE

Able to avoid being harmed by any risk, danger or threat

AUTOMATE

methods for automatically controlling processes, especially online

TRANSFORM

To make a thorough or dramatic change in form, appearance, or character

COMPLY

To act or be in accordance with wishes, requests, demands, requirements, conditions, etc.; agree