Identify in real time people that are politically exposed (pep) and/or for which an assets freeze was issued
Financial organisms (bank, insurance, cooperative, credit, games, …) have the obligation to identify in database two categories of people:
- Politically exposed people « PEP » that hold or have held an important public position since less than one year.
- People or legal entities subject to assets freeze sanctions that cause an incapacity to use their accounts and capitals.
In order to do this, Cap Adresse has taken CAP RISK solution up that allow to identify in real time PEP and Assets Freeze by way of the call to a web service.
How it works
The user enters his details : surname, first name, date of birthday.
On the whole frontals systems (agency, intranet, CRM, …) by way of a call to a web service, CAP RISK will check the presence in the database of the individual and send back one or more propositions (if the individual is present).
- A concrete and operational answer to consolidate your AML/CTF system
- Optimise your treatment, save time
- Reduce your regulatory risk and your reputation risk
CORRECTIVE SOLUTION TO IDENTIFY PEP & ASSETS FREEZE
Treament of databases by way of a specific platform to identify PEP & Assets Freeze with logging managementFind out more