ADD is Worldwide service that enables individuals and companies to be queried against our AML database for Sanctions, PEP’s or Adverse Media risk exposure with full automated monitoring. All information is available through our HUB application together with related information i.e. relationships, article summaries and corresponding URLs.
It is essential for a business to carry out ‘Know Your Customer’ (KYC) checks in the fight to prevent money laundering, terrorist financing and financial crime. Our ADD system provides compliance teams with key capabilities including corporate and individuals search as well as on-going monitoring; ensuring effective customer on-boarding and continued compliance requirements.
ADD allows you to Monitor and keep track of business and individuals. Save documents to your Armadillo HUB account for easy access and audit trail. Full access to all Armadillo data sources: PEPs, Sanctions, Law Enforcement, Financial Regulator, Insolvency, Disqualified Directors & Adverse Media.
Even if an individual or company shows up as a PEP or has adverse media, it does not mean a regulated business cannot work with them. Even sanctions may depend on what lists cover a business. E.g. A European sanction may be ignored by a US business
It all depends on risk.
Armadillo’s Enhanced Due Diligence service via our Compliance Intelligence Unit (CIU) provides a detailed background check on any entity or individual, no matter where in the world they are located.
420 Million Companies. 5 Billion Adult Individuals.
Our services are used by organisations all over the world to enhance and simplify the due diligence process and protect against reputational damage. Let us help you to find the missing piece of the puzzle.
Contact us for more information on Enhanced Due Diligence. From Anywhere, to Anywhere, Anytime
What is a PEP? A politically exposed person (PEP) is someone who is in a prominent position in public life which may make them vulnerable to corruption.
What is a Sanction? Sanctions are penalties imposed on individuals or businesses by governments that don’t apply to an existing law or rule. Sanctions checks are specialised searches that will flag whether an individual or business is prohibited from certain activities or industries.
What is Adverse Media? Adverse media is any kind of unfavourable information found across a wide variety of news sources. Adverse media checks are essential to uncover whether an individual or business is involved in money laundering, terrorist financing or financial crime.