RiskScreen solutions for the consultancy sector

Digital onboarding and AML screening of your client base

Management consultancies live or die by their reputation. With the wealth of AML screening and adverse media tools available, there is now little excuse if you’re found to be dealing with a client of unsuitable provenance.

Additionally, being outside an AML-regulated sector, unlike their sister practices such as accountancy and law, does not remove the risk that your own firm might be complicit in money laundering in one way or another – for example through the strategic advice you’re providing, or through receiving remuneration from the proceeds of crime. 

RiskScreen’s AML platform allows you to verify client identity at initial onboarding stage, check them against sanctions, PEP and watchlist data (including aliases) and conduct specialist web searches for adverse media.

After this initial due diligence, ongoing monitoring is critical as circumstances can change at any time. Reviewing the status of your clients every few years is not enough – which is where batch screening comes in. 

We have worked with several large consultancies, and would love to show you how RiskScreen can deliver the intelligence on your customers that your compliance teams need.

The RiskScreen ecosystem

The RiskScreen AML platform provides an end-to-end solution for your management and protection against financial crime. Choose single or multiple modules, as your organisation requires.

Save weeks of work by conducting digital identity verification of individuals, as well as full KYC and KYB screening checks through your dedicated web portal and mobile app.

The risk levels you decided at onboarding can then carry through to your ongoing screening and monitoring.

AML screening against sanctions, PEP and watch list data – as well as adverse media – to establish your customer’s risk level.

Screen as a one-off at point of sale or pre-onboarding, then follow this up with ongoing scheduled batch screening across your customer base – so you’re alerted about changes, and can be confident in your exposure.

Revolutionise your decision making with RiskScreen’s in-life monitoring modules.

Turn your existing static and dynamic customer information into hot data for real-time risk analytics and reporting with our truly transformational approach to data and risk management.

See why RiskScreen is the smarter way to combat money laundering

Any screening technology is only as good as its underlying data. That’s why work to find the best providers, ensuring you get screening matches you can trust.

Resources

The latest news, commentary and events from RiskScreen. For industry insight, visit our AML insight hub, KYC360.

Used by over 30,000 compliance professionals for AML news & analysis. Free CPD wallet.

Company

RiskScreen was founded by experts in financial crime. It’s because of this unrivalled subject matter expertise that companies choose to partner with us.