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. Listen to the Recording
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.
RDC Webinar Covers:
– Know your customer, organized approach on the medium and low risk client portfolio
– Discuss the right mix of data and processes necessary for results across different parts of your business
– Explore how utilizing negative news and active monitoring can enable you to identify hidden risk sooner
– A tailored screening and monitoring solution to balance workload with proper coverage