After you have gathered the data about your client, it is a matter of checking your client for risk factors and thus compliance relevant information.
With our KYC Toolbox, we offer you an intelligent ComplianceTech platform on which you can easily, quickly and securely review and identify your business partners and customer base online, as well as create detailed Enhanced Due Diligence (EDD) reports on your potential customers.
In a KYC check, your entity is checked against the following criteria: Mention or relationship to individuals, legal entities or countries on sanctions lists as well as other compliance relevant lists, such as PEP or Crime lists.
With KYC solutions such as the KYC Toolbox, you can verify and verify the identity of your customers at various levels.
Enhanced Due Diligence (EDD) stands for "enhanced due diligence" in the context of compliance and is the in-depth review of new, as well as existing, customers/entities.