LSEG World-Check One Overview and Benefits

LSEG World-Check One is a cutting-edge risk intelligence platform that helps organizations make informed decisions by providing critical information on individuals and companies.

World-Check One offers a vast database of profiles, with over 6 million records, covering a wide range of risk factors, including sanctions, PEPs, and adverse media.

With World-Check One, you can quickly and easily screen individuals and companies against this vast database, helping you to identify potential risks and make informed decisions.

The platform's intuitive interface makes it easy to use, even for those without extensive experience in risk management.

World-Check One is a screening software that simplifies and accelerates the due diligence process.

It combines LSEG's purpose-built screening software with their proprietary World-Check data to make remediation quicker and more intelligent.

LSEG World-Check One offers compliance that grows with you, adapting to evolving business needs and maximising protection against risks including fraud, terrorism funding, and other illicit activities.

This means you can trust that your compliance solution is always up-to-date and effective in managing risk.

You get to focus on what matters most - growing your business - while the solution takes care of the complexities of compliance.

With LSEG World-Check One, you can be confident in your ability to maximise protection against emerging risks and stay ahead of the game.

World-Check One's due diligence and screening capabilities are designed to simplify the process of evaluating risks related to customers, suppliers, and third parties. With its user-friendly interface, you can preview data snapshots prior to executing batch operations, making it easier to stay on top of your screening tasks.

The platform's enhanced due diligence reports provide a detailed view of Politically Exposed Person (PEP) relationships and networks, helping you identify potential risks and mitigate compliance issues. World-Check One's reports include the Snapshot Report, KYC Company Report, KYC Individual Source of Wealth Report, Entity Verification Report, and Third-Party Risk Report.

World-Check One's advanced name-matching algorithms and secondary matching capabilities reduce false positives to a minimum, ensuring that you only receive relevant and accurate results. This is achieved through the use of multiple secondary identifiers, configurable name matching algorithms, and filtering technology.

The tiered packages offered by World-Check One grant you a defined number of usage points that can be utilised across various services, including initial and ongoing screening, enhanced due diligence reports, and advanced name-matching algorithms. This flexibility allows you to tailor your screening process to meet your specific needs and requirements.

Here are some of the key features of World-Check One's due diligence and screening capabilities:

By leveraging World-Check One's due diligence and screening capabilities, you can ensure that your business is protected from severe financial penalties and reputational damage, while also staying compliant with anti-money laundering and countering financing of terrorism legislation.

With LSEG World-Check One, you get highly structured information that makes it easy to navigate and understand.

This structured information is available in 20+ languages based on the Latin alphabet, including English, German, and Italian. You can also purchase Advanced to get 40+ non-Latin character sets.

World-Check One categorizes records into 30+ categories, such as country, type of crime, and political party. This makes it simple to find the information you need.

The platform identifies whether subjects are politically exposed (PEP), which is an important factor to consider when conducting due diligence.

You'll also get biographical information, including titles, positions, and passport numbers. This is useful for verifying identities and backgrounds.

Secondary identifiers like age, date of birth, and location are also included, providing a more complete picture of each subject.

World-Check One has ISAE 3000 Type 2 certification, which ensures the completeness, accuracy, and validity of the sanctions research process.

World-Check One is a powerful tool that can be used to screen individuals and organizations against global watchlists and sanctions lists.

It's a cloud-based solution that's easy to use and maintain, making it a great option for businesses of all sizes.

World-Check One is available in multiple languages, including English, Spanish, French, and more, making it accessible to a global user base.

It's designed to be highly customizable, allowing users to tailor the screening process to their specific needs.

World-Check One is also highly scalable, making it a great option for businesses that are growing rapidly.

Its advanced analytics and reporting capabilities make it easy to track and analyze screening results.

World-Check One is a highly secure solution, with robust data encryption and access controls to protect sensitive information.

It's also highly compliant with regulatory requirements, including those related to anti-money laundering and counter-terrorism financing.