From World-Check's website:
More than 3000 institutions, including 47 of the world’s 50 largest banks and 200 plus enforcement and regulatory agencies, rely on the World-Check database of known heightened-risk individuals and businesses to efficiently screen their customers, associates, transactions and employees for potential risk. This highly-structured database is updated daily in real-time by World-Check's international, research team and is derived from hundreds of thousands of public sources. It is this unprecedented commitment to ongoing research that has established World-Check as the industry standard. No other service replicates the quality of intelligence in this market-pioneering database.
Coverage includes money launderers, fraudsters, terrorists and sanctioned entities, plus individuals and businesses from over a dozen other categories.
It also covers Politically Exposed Persons (PEPs), their family members and potentially high-risk associates worldwide, thus making it the ideal risk intelligence solution for PEP and Politically Exposed Foreign Person (PEFP) screening.
World-Check's proprietary database and tools have direct uses in financial compliance, anti-money laundering (AML), Know Your Customer (KYC), Politically Exposed Person (PEP) screening, enhanced due diligence (EDD), fraud prevention, government intelligence and enforcement, and other identity authentication, background screening and risk-prevention practices.
In addition to the financial industry other client sectors include, insurance, legal, gaming, aviation, real estate, consultancy, natural resources and accounting to name but a few.
World-Check’s acquisition of IntegraScreen has added Enhanced Due Diligence (EDD) to its risk intelligence portfolio. This new addition provides clients with ‘best of breed’ end-to-end risk management services such as customized country risk assessments, full-spectrum risk intelligence as well as comprehensive reporting, in-depth analysis and monitoring across markets and industries. This new service includes International Enhanced Due Diligence (IEDD) Reports, International Hedge Fund Screening and an All Risk Report.
World-Check’s EDD offering is specifically designed to meet compliance obligations relating to KYC, KYE and business partner screening as required by the Foreign Corrupt Practices Act (FCPA), Sarbanes-Oxley Act (SOX), USA Patriot Act and similar legislation.
