Webinar: Enhance Due Diligence with Adverse Media
Financial organizations have been conditioned to worry most about their high risk customers while meeting regulatory requirements. To do so, a higher level of due diligence is required, but processes to accomplish this can be time consuming and labor intensive while only providing a snapshot of your potential risk. Customer data and web information changes often, increasing the potential to miss something, and relying on human research is a labor intensive process.
Incorporating adverse media, or negative news into your compliance program can enable you to build more complete risk profiles, utilizing technology to pull together a variety of news media or references sources for a comprehensive snapshot of information. This key information can play a significant role in determining the risk profile of your customer, and can become a critical component of your overall due diligence process. [Listen To Recording]