Online Compliance

The comprehensive online solutionthat delivers
KYC screening results you can rely on. 

Overview

What you don’t know can hurt you 

Know your customer (KYC) is a fact of life for banks, non-banking financial institutions and other highly regulated organisations. Thorough due diligence checks help to mitigate the risk of financial and reputational damage that can arise from being associated with parties connected with terror or fraud. 

The challenge is to implement rigorous checks on customers and counterparties without slowing operational processes or increasing costs. It’s a challenge that existing manual research processes simply aren’t up to. That’s where Online Compliance comes in. 

Product Value

The comprehensive online solutionthat delivers KYC screening results you can rely on. 

Online Compliance is a fast and robust online lookup tool ideally suited to organisations with low volume but high-value accounts that need that extra level of due diligence. It enables you to easily search for individuals against sanctions and politically exposed person (PEP) lists, and manually review information against a range of data points.

Tailor Online Compliance to your needs with configurable search functions that reduce false positives in line with your organisation’s risk-based approach.

In addition to being fast and easy to use, Online Compliance delivers better information, processes and performance:

  • Reduce risk with a complete and up-to-date picture of your customers and counterparties.
  • Replace inefficient and costly manual processes while reducing false positive hit rates.
  • Onboard more quickly for a better user experience.
  • Validate passport MRV’s consistently and reliably during client onboarding.
  • Deliver rapid reviews and alert decisions across language barriers.
  • Support business growth.

Accurate KYC results depend on accurate data. Embedded lists in Online Compliance provide comprehensive data on more than three million entities across 250 countries and territories – including the world’s largest PEP database.

You’ll also find up-to-date information from over 1,300 enforcement agencies, 30,000 publications, court fillings, company records and all global sanctions lists.

With access to comprehensive and up-to-date records, Online Compliance provides an accurate, dependable lookup tool to streamline your customer account and transaction screening.

Sanctions, PEPs & Transactions Screening | Firco Compliance Link | Accuity

Platinum Compliance delivers excellent customer service using Firco Online Compliance

Platinum Compliance is a consultancy firm based in Guernsey that helps businesses manage their regulatory compliance, corporate governance, anti-money laundering and financial crime obligations.

They sought a reliable screening solution that was user-friendly and intuitive.

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