Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The initial phase of engaging a client or onboarding a new employee involves confirming their identity. Transform extensive paperwork into a swift and seamless online process that prioritizes security. Cross-reference client details with various government databases and resources to ensure compliance with current UK and EU anti-money laundering regulations. Utilize document verification methods that include face-match scanning to authenticate documents from more than 195 nations. Conduct screenings for both domestic and international politically exposed persons (PEPs), sanctions lists, and negative media coverage sourced from 500 million web pages, with the possibility of continuous monitoring. Securely validate financial balances, transactions, payees, income, and affordability utilizing FCA-regulated open banking technology. Quickly confirm an individual’s current address and date of birth by matching them with records from banks and credit providers in real time. This comprehensive approach not only ensures compliance but also enhances the overall efficiency of the onboarding process.
Description
ONESOURCE Denied Party Screening provides a secure and automated solution for evaluating customers, suppliers, and partners against over 750 international restricted-party and sanctions lists, integrating seamlessly with import/export management systems to prevent transactions when a match is detected. This system ensures ongoing compliance through daily updates of worldwide lists and a meticulous content-validation process that involves collaboration with government entities. Users can customize the screening process by selecting pertinent lists and setting specific match-score thresholds that align with their individual risk assessments. The advanced matching algorithms utilize more than 30 data elements, including name, date of birth, location, and citizenship, effectively reducing the incidence of false positives. Furthermore, the solution strengthens transaction security by assessing supply-chain participants based on the best practices recommended by the U.S. State and Commerce Departments, reveals intricate ownership structures through Dow Jones sanctions-ownership research, and expands due diligence efforts to include Politically Exposed Persons (PEPs), thereby enhancing overall risk management strategies. Such comprehensive functionality ensures that organizations can operate with greater confidence in their compliance efforts.
API Access
Has API
No
API Access
Has API
Yes
Integrations
Oracle Cloud Infrastructure
No
SAP Cloud Platform
No
Salesforce
No
Thomson Reuters ONESOURCE
No
Integrations
Oracle Cloud Infrastructure
Yes
SAP Cloud Platform
Yes
Salesforce
Yes
Thomson Reuters ONESOURCE
Yes
Pricing Details
$38.00/month
Free Trial
Yes
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Amiqus Resolution
Founded
2015
Country
United Kingdom
Website
amiqus.co
Vendor Details
Company Name
Thomson Reuters
Founded
2008
Country
Canada
Website
mena.thomsonreuters.com/en/products-services/global-trade-management/onesource-denied-party-screening.html
Product Features
Compliance
Archiving & Retention
No
Artificial Intelligence (AI)
No
Audit Management
No
Compliance Tracking
No
Controls Testing
No
Environmental Compliance
No
FDA Compliance
No
HIPAA Compliance
No
ISO Compliance
No
Incident Management
No
OSHA Compliance
No
Risk Management
No
Sarbanes-Oxley Compliance
No
Surveys & Feedback
No
Version Control
No
Workflow / Process Automation
No