Streamline Compliance
with Real-Time Screening
Identify and Mitigate Regulatory Risks Effectively with Smart Compliance Screening
Ever faced difficulties when assessing third-party prospects? Whether it's concerns over their reliability, compliance issues or the accuracy of their information? Engaging with third parties can present significant challenges.
1. Regulatory Non-Compliance : Failing short on compliance standards can lead to severe penalties.
2. Outdated Compliance Processes : Manual checks can miss real-time updates on sanctions and adverse media.
3. Raising AML & CFT Expectations : Financial crime regulation standards are tightening globally.
SOLUTION :
The SMART COMPLIANCE SCREENING uses reliable databases and enhanced AI to monitor entities against sanctions, PEP lists and adverse media for updated risk insights.
CREDITSCAN'S FINDING :
• Non-Compliance fines globally have risen 45% in the last two years.
• Companies report up to 80% more accurate risk detection using automated compliance tools.