2WORLD-CHECK HAS STREAMLINED IntroductionWorld-Check tracks the identities of individuals and businesses from over 230 countries that are known to represent a money laundering, fraud, compliance or reputational risk.World-Check products then enables an organization to very efficiently — even automatically — screen, and regularly re-screen, an entire customer base or data-file for the presence of these high-risk entities.World-Check’s database of high-risk entities is derived from hundreds of thousands of public sources, and is updated daily in real-time byWorld-Check’s international research team.WORLD-CHECK HAS STREAMLINEDDUE DILIGENCESTRICTLY CONFIDENTIAL
3ONLINE SERVICE FILTERING SOLUTION Product ChoiceONLINE SERVICEIn just seconds per name, screen unlimited number of names and document effort as proof of due diligence.FILTERING SOLUTIONautomatically screen your entire record file whenever and as often as you want with immediate alerts to individuals or entities known to be high-risk.
4screen every new name for risk regularly audit every existing name for riskCustomer nameslog every search as proof of due diligencejohnsmithgeorgelanterjackfrintalexandregolichtfritsmanroviposgolionjokitmithgeorgelanterjackfrintalexandregolichtfritsmanroviposgolionnomnsmithgeorgelanterjackfrintalexandregolichtfritsmanroviposgoliojlopsmithgeorgelanterjackfrintalexandregolichtfritsmanroviposgolionjohnsmithgeorgelanterjackfrintalexandregolichtfritsmanroviposgolionjohnsmithgeorgelanterjackfrintalexandregolichtfritsmanroviposgolionjolnsmithgeorgelanterjackfrintalexandregolichtfritsmanroviposgoliongurnsmithgeorgelanterjackfrintalexandregolichtfritsmanroviposgolioFilter SolutionOKMore Due DiligenceRESULTS
5Market Pioneer & Leader SOLUTION OF CHOICEMarket pioneer—pre-9/11 companyLargest & fastest-growing client-baseOver 2,000 clients in over 130 countries, including 100s of government agencies46 of the 50 largest financial institutions in the world are clientsGartner-recommended: “Use World-Check Now, Avoid Embarrassment Later”
7The World-Check Profile The World-Check Database consists entirely ofCONSOLIDATED PROFILES.not a random collection of sources & documentsWorld-Check proactively identifies & researches known high-risk entities from around the worlddata is collected & reviewed — key information is then summarized in a neatly organized profile on each entityprofiles feature 2-dozen different fields, including aliases, alternative name spellings, case synopses, locations, dates of birth, associate linksoriginal sources provided as hyperlinks(Nothing is added to the database unless it is sourced online)
8International Research teams Database CoverageInternational Research teamsupdate the database everyday in real timevirtually every sanction list, plus 500,000+ other sources, including law enforcement, regulatory actions, watchdog groups and international media2-dozen categories, including sanctioned entities, PEPs, shell banks, money launderers, fraudsters, terrorists, narco-traffickers, organized crime12,000 – 15,000 new profiles added every month18,000 – 20,000 existing profiles updated every monthwe will conduct additional research or add any publicly available source at no cost upon request
9Unparalleled Terrorism Content No. ofProfilesUnparalleled Terrorism Content1700015000130001100090007000500030001000World-Check’s Terrorism and Insurgency Research Unit (TIRU) has to date identified and profiled over 17,000 terrorism-related individuals and entities.OFAC + Bank of England + EU + UN, have only listed approximately 800 unique terrorism-related entries -- making up only 5% of World-Check’s overall terrorism-related content.WORLD-CHECKOFAC + UN + EU+ BOESTRICTLY CONFIDENTIAL
10SENIOR POLITICAL FIGURES PEPs: Politically Exposed PersonsDEFINING PEPsIt is critical that your vendor’s coverage be set to the same definitions by which you will be judged.OECD, Wolfsberg Principle Group, FATF, etc.SENIOR POLITICAL FIGURESranging from the mayor of a significant city, up to diplomats, members of parliament and heads of stateTHOSE EXPOSED TO THEMfamily members, businesses, bankers, frontmen
11THE REAL RISK LIES WITH THE UNNAMED ASSOCIATES DOING THE DIRTY WORK Tracking AssociatesTHE REAL RISK LIES WITH THE UNNAMED ASSOCIATES DOING THE DIRTY WORKPolitical figures are too high profile and have too much at stake to launder illicit funds directly.Family members are less-than-ideal fronts as the high-risk entity does not want to see his wife or children go to jail anymore than he does.Entities appearing on sanction lists naturally use frontmen knowing that these lists are public and enforced.It’s not Ali Baba that you need to look out forIT’S HIS 40 THIEVES !