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STRICTLY CONFIDENTIAL

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Presentation on theme: "STRICTLY CONFIDENTIAL"— Presentation transcript:

1 STRICTLY CONFIDENTIAL

2 WORLD-CHECK HAS STREAMLINED
Introduction World-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 by World-Check’s international research team. WORLD-CHECK HAS STREAMLINED DUE DILIGENCE STRICTLY CONFIDENTIAL

3 ONLINE SERVICE FILTERING SOLUTION
Product Choice ONLINE SERVICE In just seconds per name, screen unlimited number of names and document effort as proof of due diligence. FILTERING SOLUTION automatically screen your entire record file whenever and as often as you want with immediate alerts to individuals or entities known to be high-risk.

4 screen every new name for risk
regularly audit every existing name for risk Customer names log every search as proof of due diligence johnsmithgeorgelanterjackfrintalexandregolichtfritsmanroviposgolion jokitmithgeorgelanterjackfrintalexandregolichtfritsmanroviposgolion nomnsmithgeorgelanterjackfrintalexandregolichtfritsmanroviposgolio jlopsmithgeorgelanterjackfrintalexandregolichtfritsmanroviposgolion johnsmithgeorgelanterjackfrintalexandregolichtfritsmanroviposgolion johnsmithgeorgelanterjackfrintalexandregolichtfritsmanroviposgolion jolnsmithgeorgelanterjackfrintalexandregolichtfritsmanroviposgolion gurnsmithgeorgelanterjackfrintalexandregolichtfritsmanroviposgolio Filter Solution OK More Due Diligence RESULTS

5 Market Pioneer & Leader
SOLUTION OF CHOICE Market pioneer—pre-9/11 company Largest & fastest-growing client-base Over 2,000 clients in over 130 countries, including 100s of government agencies 46 of the 50 largest financial institutions in the world are clients Gartner-recommended: “Use World-Check Now, Avoid Embarrassment Later”

6 A closer look at the World-Check database

7 The World-Check Profile
The World-Check Database consists entirely of CONSOLIDATED PROFILES. not a random collection of sources & documents World-Check proactively identifies & researches known high-risk entities from around the world data is collected & reviewed — key information is then summarized in a neatly organized profile on each entity profiles feature 2-dozen different fields, including aliases, alternative name spellings, case synopses, locations, dates of birth, associate links original sources provided as hyperlinks (Nothing is added to the database unless it is sourced online)

8 International Research teams
Database Coverage International Research teams update the database everyday in real time virtually every sanction list, plus 500,000+ other sources, including law enforcement, regulatory actions, watchdog groups and international media 2-dozen categories, including sanctioned entities, PEPs, shell banks, money launderers, fraudsters, terrorists, narco-traffickers, organized crime 12,000 – 15,000 new profiles added every month 18,000 – 20,000 existing profiles updated every month we will conduct additional research or add any publicly available source at no cost upon request

9 Unparalleled Terrorism Content
No. of Profiles Unparalleled Terrorism Content 17000 15000 13000 11000 9000 7000 5000 3000 1000 World-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-CHECK OFAC + UN + EU+ BOE STRICTLY CONFIDENTIAL

10 SENIOR POLITICAL FIGURES
PEPs: Politically Exposed Persons DEFINING PEPs It 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 FIGURES ranging from the mayor of a significant city, up to diplomats, members of parliament and heads of state THOSE EXPOSED TO THEM family members, businesses, bankers, frontmen

11 THE REAL RISK LIES WITH THE UNNAMED ASSOCIATES DOING THE DIRTY WORK
Tracking Associates THE REAL RISK LIES WITH THE UNNAMED ASSOCIATES DOING THE DIRTY WORK Political 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 for IT’S HIS 40 THIEVES !

12 STRICTLY CONFIDENTIAL
Tracking Associates ? ? Front Men Advisors ? ? Associates Family STRICTLY CONFIDENTIAL

13 Heidi Marchetti Customer Support


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