LexisNexis Know Your Customer
Reduce risks by knowing your customers! The control of fraud, money laundering and other illegal activities is a hot topic currently - being associated with any of these activities can lead to unacceptable risks. Protect your business from the financial and operational risks of falling foul of compliance regulation. And make sure you know who you are doing business with. All financial institutes are now obliged to screen their customers and staff extensively before a business engagement.
Your ticket to enhanced Due Diligence
With LexisNexis Know Your Customer (KYC) you are able to check companies, persons and risk areas. Our extensive database with worldwide coverage of news, company profiles, biographies, sanctions and politically exposed people (PEP) enables you to do this fast and efficiently.
Why use LexisNexis KYC?
Comply with regulatory imperatives
Ensure compliance with the US Patriot Act, current EU money laundering legislation and the Third Money Laundering Directive.
Protect your reputation
Negative publicity concerning non compliance will have damaging effects on your brand image, share price and public relations budget.
High financial risks
The fines for non-compliance are substantial. Yet the costs in both time and money of using conventional methods to stay fully compliant to the regulations are also very high. KYC offers you the ideal solution!
The benefits of KYC
Search several content sets via one easy-to-use interface. Fast and efficient, you will gain a competitive advantage by speeding up the client acceptance process.
The world's most comprehensive database with world class sources plus hard to find and specialised content. The database includes the option to target derogatory news, which allows you to check how companies and persons worldwide appear in the news.