KYC and third-party screening service
Discover how our Managed Services can help you manage risk, reduce your cost of compliance and free up time to focus on strategic business priorities.
Why choose Managed Services?
Increasing challenges related to risk management, compliance costs and evolving regulatory requirements have placed an operational burden on regulated firms and corporate organisations, who are looking to strike a balance between focusing on quality compliance expenditures and controlling costs.
Managed service is the practice of outsourcing the responsibility for maintaining a range of processes and functions. Whether you need help with KYC screening, remediation and ongoing monitoring or you are looking to onboard and monitor a new third-party, you can outsource these processes to us. Our expert teams can help you to enhance efficiency and reduce the total costs of ownership, freeing up your compliance department to focus efforts on other important strategic activities.
We can help you boost efficiency and lower costs, while you strive for better regulatory compliance.
Features & benefits
What you get with our holistic risk Managed Services
We are a single supplier covering three vendor screening management areas: data, software, and service.
Positive and possible matches escalated to clients as the resolution team identifies them.
Helps prevent in-progress heightened risk transactions as part of the vendor screening and management process.
We have readily trained resources that can start projects quickly, instead of clients having to train consultants or staff.
Free up time and achieve certain compliance actions with fewer resources.
Reduce costs and administrative burden, so that your teams can focus on more strategic projects.
How it works
Ready for fast and effective risk management?
We can help you run a more effective onboarding process. From one-off screening projects through LSEG Due Diligence Centre, our proprietary technology platform, to handling all the key onboarding tasks on behalf of the client to run a more efficient and effective onboarding program, we offer various scopes of Managed Onboarding services.
Outsource your partner, third-party or supplier onboarding program to our Managed Services Risk Content Operations team. By outsourcing key onboarding tasks to our team, you can:
- Ensure partners and suppliers consistently undergo review before engagement
- Reduce the administrative burden for your teams and focus more time on strategic priorities
- Establish a stronger channel or supplier ecosystem
- Process a larger volume of partners, third parties, or suppliers
- Reduce onboarding cycle times
A managed KYC risk screening service highlights positive and possible matches for any customer identification programme.
Our team can screen large batches of your third parties and customers against the LSEG World-Check database covering sanctions, politically exposed persons (PEPs), state-owned/state-controlled entities, law enforcement and regulatory enforcement lists. This cost-effective solution will allow you to reduce false positives and identify changes in risk levels in the face of the rapidly changing landscape.
Outsource your screening tasks to our team if:
- Lack of skilled resources is hindering your due diligence efforts and negatively impacting customer onboarding
- You need to manage a growing volume of ongoing screening alerts, which could potentially expose our company to new, unidentified risk
- Recent regulations mean that you need to re-screen the entire customer base despite insufficient resources
- You need to screen a large volume of new customers on ongoing basis
Find out more
Email your local sales team
Call your local sales team
Asia Pacific (Sub-Regional)
Australia & Pacific Islands: +612 8066 2494
China mainland: +86 10 6627 1095
Hong Kong & Macau: +852 3077 5499
India, Bangladesh, Nepal, Maldives & Sri Lanka:
+91 22 6180 7525
Japan: +813 6743 6515
Korea: +822 3478 4303
Malaysia & Brunei: +603 7 724 0502
New Zealand: +64 9913 6203
Philippines: 180 089 094 050 (Globe) or
180 014 410 639 (PLDT)
Singapore and all non-listed ASEAN Countries:
+65 6415 5484
Taiwan: +886 2 7734 4677
Thailand & Laos: +662 844 9576