Decisions That Withstand Audit Scrutiny
A digitally integrated solution for KYC and Compliance, negating the need for multiple reference data sources and manually intensive processing.
Dun & Bradstreet can help you build a holistic approach to financial crime compliance workflow, from KYC and onboarding checks to alerts that capture future changes.
The Dun & Bradstreet data cloud provides the widest and deepest set of scores and ratings. Our KYC and financial crime compliance solutions are specifically designed and tailored to help you successfully balance business requirements against compliance obligations (including the 5th AML directive), without impacting the customer experience.
Direct for Insurance API provides the following key application use cases:
- Verify customer identity
- Establish beneficial ownership
- Identify corporate linkage relationships
- Demonstrate robust financial crime compliance
- Flag high risk entities and individuals
- Understand relationships and protect the business from corruption
- Receive alerts through continual monitoring
- See updates on changes in the entities you do business with
Our data facilitates compliance decision-making in three simple steps:
VERIFY potential business partners. Validate business identity against Dun & Bradstreet’s global database of hundreds of millions of businesses to determine if it is accurately representing itself.
SCREEN businesses and principals. Evaluate confirmed business and names individuals by searching over 18 million records matched to PEPs, watch and sanctions lists, adverse media and regulatory actions.
DOCUMENT your compliance process. Electronically store and archive your due diligence results, including breadcrumb audit trail, user-entered notes, snapshots of reports used and time, date and user stamped activity.