One Of India’s Largest Chemicals Company

• Client risk identification and diligence activities were unstructured, cost-inefficient and manual in nature
• Lack of standardization, high TAT related to screening and diligence for pre-deal and post-deal requirements
• In addition, regulatory changes and updates were difficult to incorporate and align on an ongoing basis
• Increasingly, these requirements were also getting combined with reputation risk issues

Deployed the PreScreening.io SaaS platform and proprietary risk relevant data assets:

• ✓ Onboarding and continuous monitoring for entities across multiple checks
• ✓ Created specific checks and scopes for onboarding and on-going monitoring risk needs
• ✓ Enabled screening for risks on a scheduled and on-demand frequency– PEPs, Sanctions, AML Penalties & APC
• ✓ Customized the Adverse Press Coverage (APC) framework to cover the reputational risk in addition to AML risks
• ✓ Scanning of entities by leveraging a case-based approach
• ✓ Deployed country specific risk relevant lists for India, Malaysia, USA and Singapore
• ✓ Disambiguation for the outcome with concerns
• ✓ Automated reports generated
• ✓ Scaled the program to multiple jurisdictions