Sanctions, PEPs & Adverse Media Customer Screening & Monitoring

The main use case for Comply Advantage Financial Crime Risk Intelligence is to cross-check both individuals and companies on the database to determine whether they are high risk, low risk, or medium risk.

If it is a business enterprise, I check if they are bankrupt or if they have filed any motion for bankruptcy. For individuals, I check if they are politically exposed personnel or if they have any links or dealings with financial crimes.

I can provide an instance when I was working with Telus International and we were outsourced for a crypto firm. We ran Comply Advantage Financial Crime Risk Intelligence against different company records, databases, publications, and newspapers, and through that process, we were able to find that they had once applied for bankruptcy in one of the publications that was somewhat hidden. I also ran checks on the proprietors of the company. Although one person was silent in the records, with the help of Comply Advantage Financial Crime Risk Intelligence, we were able to obtain the names of the other people that were part of the company. When we ran those names, we found out that they were actually related to politically exposed personnel. With that information, we deemed it a high risk and we did not onboard that particular company.

The best features of Comply Advantage Financial Crime Risk Intelligence help you make decisions easily. It helps you determine how to tag the different cases as low risk, medium risk, or high risk, which is a very advantageous tool to be used in the financial crime scene.

I would say the interface is easy to understand. The different sections of Comply Advantage Financial Crime Risk Intelligence give you the opportunity to click on those sections, run automations, and perform other functions. The interface is self-explanatory and enables you, even if you are not an IT personnel, to become proficient with a few training sessions.

Comply Advantage Financial Crime Risk Intelligence has helped in offloading the queue and making the queue shorter. The shortening of the queue with Comply Advantage Financial Crime Risk Intelligence is about speeding up onboarding. The rough estimates could probably help speed up queues from hundreds. If you have about 100 cases, you would be able to complete them in about two days or three days maximum.

The user interface of Comply Advantage Financial Crime Risk Intelligence is perfect for me currently. The areas I would suggest for improvement are to increase the load time and the speed at which it processes data.

The accuracy of Comply Advantage Financial Crime Risk Intelligence can always be worked on. The reliability of output on a scale of one to ten, I would give it an eight.

I have used Comply Advantage Financial Crime Risk Intelligence for three years while I was in Ireland.

Comply Advantage Financial Crime Risk Intelligence is stable.

Comply Advantage Financial Crime Risk Intelligence is very scalable.

Customer support for Comply Advantage Financial Crime Risk Intelligence is good. I would give that a seven out of ten.

The advice I would give to others looking into using Comply Advantage Financial Crime Risk Intelligence would be to make sure they watch the training videos first, because that gives them an in-depth knowledge of how to navigate through the environment and the user interface. They should pay key attention to those videos and with that, they will be ready to proceed. I give this product an overall rating of eight out of ten.