Introducing Diligence spotter Risk Assessment Software

Diligence Spotter

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:

Increase Case Management Efficiency

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.

Proactively Manage KYC Risk Processes

These days, Know Your Customer (KYC) requirements aren't just for banks. The risk of financial, regulatory and reputational damage extends across industries when it comes to bribery, corruption, modern slavery and more. With Diligence spotter, you can ensure your KYC checks are conducted properly and requirements are met.

Confidently Meet Regulatory Expectations

As the regulatory landscape continues to change, companies are spending more time and money on managing compliance. Diligence spotter can help you work more efficiently and cost-effectively to meet compliance regulations.

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

Whitepaper: EU 5 AMLD

Learn more about the European 4th Anti-Money Laundering Directive, the impact on your business and how you can meet the regulatory requirements.

Build a Strong Due-Diligence Process

Download our process overview to learn more about LexisNexis due diligence and monitoring solutions and how they fit into your workflow.

Whitepaper: Beneficial Ownership

Discover our full suite of GRC solutions and resources to mitigate risk, meet regulatory requirements and protect your brand's reputation.

Due Diligence and Compliance Solutions

Discover our full suite of GRC solutions and resources to mitigate risk, meet regulatory requirements and protect your brand's reputation.

Diligence Spotter Guide

See how Diligence spotter complements your existing compliance risk-management process

Let's get started
Business Email: BIS@lexisnexis.co.uk
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If you are an existing customer and need technical support please call 0845 647 8888 or email support@lexisnexis.eu