Financial institutions

In today's world financial institutions are required to meet an ever increasing number of legal and regulatory requirements.

Efficient internal data governance processes, financial crime policies, and increasingly ethical and social governance frameworks are fundamental in complying with these regulations, as are effective KYC/AML and other due diligence strategies.

Efficient and agile client lifecycle technologies, transaction monitoring systems, and sanctions, adverse media and PEP screening solutions are nothing without accurate, standardised content – and this from across a world where data quality and access to auditable primary source content is hugely variable.

Customer onboarding and account maintenance (COBAM) and KYC

Accurate, legal entity data enables you to verify primary source details as part of an onboarding process, client refresh or periodic review. In an operating environment that demands speed and scale, drill down to direct and indirect beneficial owner (to UBOs) and holdings information using ClarifiedBy.com to create a ‘single view of client’ as part of a CDD or EDD process

Financial crime compliance

Use our legal entity data in our integrated compliance screening tool on ClarifiedBy.com to reduce false positives and streamline your compliance process. Identify organisations and people that are sanctioned both directly and by association to your target entity, using the key stakeholders and corporate relationships we have researched

Financial intelligence and investigations

We support in-house intelligence and financial crime units (FCUs) and investigations teams when reviewing suspicious transactions or activity

Trade finance and insurance

We provide legal entity data to trade finance and trade credit insurance professionals in major markets. With instant visibility of beneficial ownership, broader corporate structures and relationships via ClarifiedBy.com we offer reliable and timely information to analysts and underwriters

Case studies

Read more about how we’ve approached some of our clients’ challenges.

Case Study 11 May 2023

Market-mapping: understanding the SME landscape in the UAE

A large sovereign-backed investment company was looking to conduct a market-mapping exercise of small and medium-sized enterprises in the UAE. They had attempted to find information in the public domain but given the lack of publicly available data they approached Diligencia, based on previous work we had done in this area.

Case Study 21 March 2023

Accelerating client onboarding and periodic refreshes for a UK-based private bank

Our client, a large UK-based private bank with high net-worth customers, was reviewing its KYC procedures for existing and prospective clients. The bank was hoping to make client communications more efficient and reduce the number of interactions needed as part of their onboarding and reviewing processes, while maintaining high levels of regulatory compliance.

Case Study 1 July 2020

Retrieving legal entity data and conducting due diligence on 750+ SMEs

A global bank approached Diligencia via one of our partners to help rapidly retrieve legal entity data on more than 750 SME account holders, combine that with customer due diligence (CDD) information already held by the client, and then design a risk ratings system based on the information gathered.