OVERVIEW
• World-Check risk intelligence helps organisations understand who they are really doing business with.
• As the leading global provider of risk screening solutions, World-Check enables more than 4 500 leading organisations worldwide to make informed risk decisions about their customers, partners, employees and key business transactions.
• World-Check customers have access to the industry’s most comprehensive source of risk intelligence on Politically Exposed Persons (PEPs) and high-risk and potential ‘heightened-risk’ individuals and organisations. World-Check Research covers over 200 sanctions, watch and regulatory lists worldwide. List entries are de-duplicated at source to reduce duplicate matches during automated screening.
• Risk management teams and compliance professionals in the world’s top organisations choose World-Check to reduce their legal, financial and reputational risks.
• Serving customers in over 162 countries, including 49 of the world’s top 50 banks, World-Check is the most widely adopted solution of its kind.
ORIGINS
• Founded by Executive Chairman David Leppan in 2000, World-Check initially focused on providing the Swiss banking community with an ‘early warning system’ against compliance and reputational threats.
• At launch World-Check was first to market with a comprehensive database of PEPs and heightened risk individuals, organisations and their associates, and continues to play a pioneering role in risk management.
• The depth and breadth of our research has established World-Check risk intelligence as the industry standard.
INNOVATION
• A culture of constant innovation enables World-Check to offer customers the most comprehensive risk screening solutions available. Recent innovations include the launch of a customisable country risk index and the acquisition of global due diligence leaders IntegraScreen.
• World-Check due diligence reports enable organisations to gain insight into their business relationships and meet compliance requirements prior to offshore investments, outsourcing, joint ventures, public listings, mergers and acquisitions and mission-critical transactions. Our IntegraScreen reports provide solutions to meet FCPA, POCA, anti-bribery and corruption-related requirements.
• Country-Check is a risk index that calculates risk profiles for 244 countries and territories.
• The World-Check customer base grew by more than 25% during the 10 months to July 2009. Our average annual client retention rate is over 98%.
PERFORMANCE
• World-Check Research profiled high-risk individuals and entities ahead of OFAC on more than 220 occasions between 2006 and 2008.
• The company employs more than 350 multi-lingual risk specialists across 5 continents. World-Check Research processed 9 175 client research requests in the 12 months to March 2009.
• Our substantial and ongoing investment in human capital and technology enables World-Check Research to monitor risk in over 50 languages on a round-the-clock basis.
• More than 16 000 new profiles created per month and over 19 000 existing profiles updated on a monthly basis
• Specialist research units monitor the risks associated with terrorism financing, insurgency, organised crime and counterfeiting, analysing trends and forecasting areas of future risk exposure on an ongoing basis.
• A recent analysis revealed that World-Check terrorism coverage vastly exceeds that of the government sanctions lists.
THOUGHT LEADERSHIP
• World-Check is widely regarded as a thought leader on reputational risk management. Close collaboration with law enforcement and regulatory agencies enables us to enhance and refine the optimum risk intelligence data set.
• In the past 12 months World-Check participated in over 140 high-level compliance events worldwide. World-Check seminars are attended by senior risk, business and compliance executives from around the world.
• The World-Check Compliance Leadership Forum and industry events provide a platform for knowledge exchange and face-to-face interaction with leading risk and law enforcement experts.
• Relied upon by 75% of the world’s leading Financial Intelligence Units (FIUs) and over 200 government and law enforcement agencies, World-Check’s proven approach is widely viewed as best practice for reducing legal, reputational and financial risks.