Lexis Nexis
Customer or vendor onboarding is one step in a risk-based approach to regulation compliance. You also need to identify high-risk customers for escalated due diligence and maintain an audit trail of your efforts.
Introducing Diligence spotter Risk Assessment Software
As the regulatory landscape continues to evolve, establishing an agile third-party risk management and compliance process is critical.
Combining third-party screening, risk assessment, ongoing monitoring and case management, LexisNexis’ Diligence spotter software is a robust regulatory compliance tool that can evolve to suit your ongoing due diligence processes.
And because you can incorporate additional internet research in your screening, you can be confident that as regulations evolve, Diligence spotter will keep up.
Capture a real-time, daily assessment of business risk so you can escalate your due diligence as needed in an end-to-end workflow solution.
Strengthen Your Risk Assessment Process
Manage cases, screen third parties, set risk profiles and assess risk with Diligence spotter risk assessment software. The dynamic workflow solution from LexisNexis BIS is designed for regulatory compliance and risk assessment so you can always be confident about meeting regulatory expectations.
This powerful third-party risk management tool enables you to:
Assess Business Risk with Third-party Screening
Identify and screen new clients, partners and organisations against Interpol, sanctions and internal lists as part of your KYC risk management process. Manage onboarding with ad-hoc and automated checks against watch lists, PEPs and your own internal watch list.
Ongoing Monitoring Solution
Conduct automatic batch screenings that check against watch lists as an added layer of due diligence for a risk-based solution to compliance. Take advantage of extensive reporting capabilities including holistic dashboard reporting and individual third-party reporting, as well as incorporating ongoing compliance monitoring with follow-up reporting in your workflow.
Risk Assessment Tools
Uncover potential risks that signal the need to escalate your due diligence screenings of customers or vendors to mitigate compliance risk. Conduct third-party risk assessments and create risk profiles for clients, suppliers and agents including classifications by geographic location, activity, origin of client relationship, missing documents and more.
Resources
Read More About Due Diligence and Compliance
Due Diligence and Compliance
Mitigate business risks with LexisNexis® due diligence solutions
The value in due diligence and monitoring solutions are the insights that result from them. With Lexis Nexis you gain access to powerful business intelligence tools and the world's largest source of aggregated information including people, companies and countries.
Introducing BatchNameCheck®
BatchNameCheck® gives you daily screening results and reports that help you identify and escalate entities that pose a potential risk to your organisation.
IntegraCheck®
When your basic due-diligence checks flag an entity risk, you escalate and expand your due-diligence efforts. LexisNexis® BIS has entered into an alliance with The Red Flag Group to support bespoke due diligence investigations.
Introducing Lexis Diligence®
Better understand your customers, employees and vendors to reduce risk, raise productivity, increase profitability and improve decision-making.
LexisNexis® Entity Insight
Global supply chains—as well as partners, vendors and other business relationships—increase your company's exposure to risk.
Let's get started
E-mail: BIS@lexisnexis.co.uk
Phone: 020 7400 2809
Get in touch today
- For more information on our solutions
- To arrange a product demonstration
- To request a training session
- If there's anything else we can help with
If you are an existing customer and need technical support please call 0845 647 8888 or email support@lexisnexis.eu