Through open source research, targeted interview or proactive intelligence-gathering, we tailor service delivery to each client's needs.
Strict confidentiality is maintained over client information.
Assess customer and third party intermediary risk - Ensure information held is up to date and demonstrates a reasonable level of assurance about who they are, how they do business, and how they might expose your firm to risk.
Anti-Money Laundering measures often require information to be recorded about the source of funds or source of wealth, particularly for higher-risk customers, such as Politically Exposed Persons ('PEPs').
Conducting due diligence of the supply chain, including originators, agents and intermediaries, improves the capability to understand and assess what the main risks are, and how risk might be mitigated.
Pre-contract due-diligence to assess legacy integrity or reputation risk, before finalising employee on-boarding; or pre-advancement integrity review and profile check of personnel being considered for promotion to a position of trust.
Assess risk posed by business counterparties - Do they engage in unethical practices, prejudical to the relationship (or your reputation), involving fraud, tax evasion, resource exploitation or other dishonesty?
Deal integrity is more transparent where credible information is available, or can be sourced to support or authenticate an underlying asset (or pledged security), particularly when critical to deal completion.
The nature and extent of risk an organisation is willing to take in order to meet their strategic objectives.
Organisations will have different risk appetites depending on their sector, culture and objectives.
Informing risk appetite
Risk & control arrangements should inform senior management awareness of specific risk or threats which might be out-of-appetite. Ensure opportunity is available to identify appropriate risk mitigation, when necessary.