New version of public records search product built specifically for anti-money laundering enhanced due diligence and corporate security investigations
Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, is launching a new version of CLEAR, its market-leading public and proprietary records search product, for corporate enhanced due diligence and security markets.
CLEAR for Enhanced Due Diligence is a comprehensive solution for customers in anti-money laundering (AML) enhanced due diligence and corporate security markets that brings together key information on people and businesses, reveals material associations between businesses and individuals, and illuminates potential risks, all in one place.
Offering a user-friendly dashboard interface, customers can quickly spot potential risk flags on subjects of interest and their associates. Pulling together unique data streams from sources that include public records, news reports and watchlists, CLEAR for Enhanced Due Diligence allows users to view important and potentially risky associations between businesses and individuals that might otherwise have been missed in a traditional enhanced due diligence investigation.
"Corporate AML and security investigators have told us that they need more efficient tools for flagging risk and conducting proper enhanced due diligence on companies and individuals," said Andy Russell, vice president, Fraud Prevention and Investigations, Thomson Reuters. "We built CLEAR for Enhanced Due Diligence for exactly these purposes. This product allows customers to get to the vital and relevant data they need, with the speed and clarity demanded by the pace of global business, to make the best, most sound business decisions."
Key features available on CLEAR for Enhanced Due Diligence include:
- A unique graphic display that helps users visualize connections between people and businesses including millions of public, private and global entities.
- · Global business and news data available within the platform, which offers filtering capabilities so users can quickly see information that may contain negative sentiments about the person or business of interest.
- · A Web analytics feature that lets users simultaneously search the Web for online personal and business references, including social networks, blogs, watchlists and more.
- · Alerts, set up by users, which will notify them if any key information changes regarding a person or business currently under investigation.