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Today, with the rise of the elite and the
globalization of crime, it is becoming far too necessary to not only
verify the candidate’s antecedents but also check if they are
appearing on global high risk entity database. Here, the data is
cross-referenced against over half a million records of high risk
people featuring in over 220+ sanctions and embargo lists. Supersoft
was one of the first background verification firm to tie-up up with
the pioneer and world leader in global database and compliance check
provider – “World-Check” for background verifications for employment
purposes.
World-Check risk intelligence reduces exposure to potential
threats posed by the organizations and people we do business with.
More than 3 800 institutions, including over 49 of the world's top
50 banks and 200 enforcement and regulatory agencies, rely on the
World-Check database of known heightened-risk individuals and
businesses to efficiently screen their customers, associates,
transactions and employees for potential risk.
World-Check's research department methodically profiles entities
the international financial community deem to warrant enhanced
scrutiny, as well as occurrences of fraud, corruption, terrorism,
money laundering, narcotics trafficking and many other types of
financial crime. This highly structured database is regularly
updated by our international research team and is derived from
thousands of reliable public sources.
It also covers Politically Exposed Persons (PEPs), their family
members and potentially high-risk associates worldwide, thus making
World-Check risk intelligence the ideal solution for Politically
Exposed Foreign Person (PEFP) and PEP screening.
World-Check's proprietary database and tools are continually used
in financial compliance, Anti Money Laundering (AML), Know Your
Customer (KYC), Politically Exposed Person (PEP) screening, Enhanced
Due Diligence (EDD), fraud prevention, government intelligence and
enforcement, and other identity authentication, background screening
and risk-prevention practices.
In addition to the financial industry other client sectors
include, insurance, legal, gaming, aviation, real estate,
consultancy, natural resources and accounting to name but a few.
This check is especially crucial for Indian clients due to lack
of a credible credit reporting agency such as the Social Security
Commission in the US and absence of all India Criminal Records
Check.
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Global Database & Compliance Checks (KYC/AML)