Insurance products can be highly complex, making know your customer (KYC) due diligence particularly challenging. Not only must numerous parties such as insureds, beneficial owners and subsidiaries be screened, but screening needs to be conducted at multiple points in the policy lifecycle to capture changing risk.

Bring efficiency and accuracy to your operations with Firco screening solutions and reliable data from Bankers Almanac. Screen sanctions, politically exposed persons (PEPs) and reputationally exposed persons (REPs) with confidence, knowing that you are identifying risk.

Harness the benefits of Accuity to:

• Screen and differentiate risks by type of policy or product
• Regularly screen your customers throughout the policy lifespan
• Stay on top of changes to beneficiaries, insured policy holders and other parties with alerts that advise you if risk levels change
• Create a clear audit trail for regulatory review and compliance
• Deliver a higher level of service to your customers

Firco solutions are designed to meet a wide range of needs across organisations of all sizes. Whether screening customer accounts, payments and trade transactions or conducting ongoing and ad hoc screening based on different lines of business, we have you covered.

Firco Compliance Link is an all-in-one screening solution for customers, vendors, third-party relationships and transactions for sanctions and money-laundering risk. Add Firco Trade Compliance to target dual-use goods, vessels and other trade-related activity.

High-performance processing, advanced filtering and proprietary risk scoring come together in Firco Insight to provide a deeper understanding of risk and more accurate detection. A significant reduction in false positives and prioritised hierarchy of risk help optimise compliance resources for greater efficiency.

Firco Continuity is a market-leading solution that seamlessly screens large volumes of transactions against sanctions lists in real time. Highly configurable, Firco Continuity easily integrates into most organisations and IT environments.

Access Firco Global WatchList®, the industry’s largest database of high-risk entities, including sanctions, PEPs, adverse media, and enforcement data.

Perform KYC due diligence to identify ultimate beneficial owners using the unrivalled intelligence on global financial institutions in Bankers Almanac: Counterparty KYC. With easily accessible, accurate data at your fingertips, customer onboarding, validating claims and processing payments is fast and reliable.

Ensure your payments are right the first time with accurate financial institution data and routing information in the Bankers Almanac suite of payments solutions.

As the screening partner of choice for some of the world’s major banks, you can count on Accuity to help detect financial crime and ensure sanctions compliance.