Continuously monitor for money laundering and terrorism financing risks.

Available for both Professional and Enterprise editions of Clarity KYC, the Surveillance module provides continuous monitoring of customers for material changes that impact their money laundering, terrorism financing risk or adverse events that increase reputational or credit risks. Should an event occur, you will be notified automatically so you can re-evaluate the entity and take appropriate action.

CONTINUOUSLY MONITOR CUSTOMERS FOR MATERIAL CHANGES

Benefits

  1. Reduce exposure to regulatory, revenue and reputation risk
  2. Be informed of changes in risk as they emerge
  3. Demonstrate a risk-based approach that follows regulatory guidance
  4. Avoid fines and costly investigations

Capabilities

Clarity KYC monitors your customers for events that could impact their potential compliance risks and alerts you of any material changes.

  • Changes to PEP status
  • Appearance on the Global Sanctions or Enforcement lists
  • Association with adverse news
  • Material changes to core entity data such as changes to domicile, regulatory status, rating, etc.

 

Should an event occur, you will be notified automatically so you can re-evaluate the entity and take appropriate action. Each action that is taken is fully auditable so you know when you were alerted and the action taken.