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