Determining who you can and should do business with has significant cost, time, and resource implications for financial institutions. According to our recent KYC compliance survey, average annual spend on global KYC is reported as US$48 million and onboarding times remain lengthy, with banks reporting average times of 30 days.
Relying on a patchwork of resources may leave potential gaps in coverage where bad players can hide while putting your revenue and reputation at risk from regulators.
Perform KYC due diligence your way, when you choose, from a range of services and solutions that span the entire client identity process, enabling you to focus time, talent, and resources on your core business activities. We offer innovative technology along with world-class data that gives you the flexibility to scale your KYC programs to meet your evolving needs.
Here are the essentials
We have 100s of analysts worldwide who use credible sources, including 600+ sanction, watch, regulatory, and law enforcement lists, government records and country-specific data sources.
From point solutions to fully managed KYC service, you can choose the model you need – all powered by innovative technology combined with world-class, trusted data.
We help build solid foundations - access critical risk intelligence through our enterprise business and via our partners.
How LSEG Due Diligence can help identify key threats
Leave nothing to chance.
LSEG Due Diligence delivers detailed background checks on any entity or individual, anywhere in the world. Our research provides comprehensive and well-structured reports so you can identify key issues relating to bribery, corruption, and financial crime, among others. Protect against regulatory and reputational damage. Leave nothing to chance.
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