AML/KYC Due Diligence2018-10-16T23:13:24+00:00

AML/KYC Due Diligence

Achieve regulatory and compliance initiatives, anticipate requirement updates, mitigate risk, and augment existing compliance programs with improved monitoring and reporting that will integrate seamlessly into your existing processes.

AML and KYC Due Diligence Use Cases:
  • U.S. Bank Secrecy Act Compliance
  • U.S. PATRIOT ACT, Title III Compliance
  • Financial Action Task Force (FATF) Recommendations
  • Ultimate Beneficial Ownership Requirements

Work with experts versed in the nuances of commercial and retail banks, investment banks, virtual currency exchanges, real estate firms, and other regulated institutions to comply with the U.S. and international regulations.

Contact a Specialist


312-667-0870

Client Results

Problem

An online poker company needed to conduct KYC due diligence on a Chinese individual who registered for several online poker platforms and was flagged for suspicious activity.

Solution

U.S. Public Records searches did not reveal high-risk activity associated with the subject, so our analysts applied open source research methods using the subject’s English name along with their age, and places of residency. This led analysts to discover the individual’s Chinese name spelling. We then searched Chinese-language media and news using this information which led analysts to uncover high-risk details about them.

Results

Because of Prescient’s in-depth open source and public records research, the company was presented with a more detailed picture of the subject’s background and financial assets. They were then able to make a more informed decision about the risks posed by the customer.

Clients Served

Prescient’s AML/KYC Due Diligence service supports a variety of clients that require deeper insights to clarify risks and opportunities. We proudly serve the following clients and welcome inquiries across all industries.

  • Banking & Capital Markets
  • Investment Management
  • Real Estate

How It Works

When you expect accurate and timely results, you’ll get them. We won’t bog you down with endless details and irrelevant fluff. Save time and energy with our Bottom-Line-Up-Front approach that presents quick-hit insights at the beginning of your reports, so you can quickly understand business risks.

Explore Our Process

Meet Your Expert

John Kula, CFE

Practice Lead | Due Diligence

John helps organizations solve problems in emerging markets, including some of the most challenging corporate jurisdictions in the world. His extensive experience working in law enforcement, corporate security, and data analytics enables a sophisticated approach to identify and resolve risk challenges for our clients. Prior to joining Prescient, John served as a Managing Member of Forenetics, LLC, as a Principal in the regulatory risk and investigations practice at London-based Control Risks, and as Senior Managing Director in the global investigations practice at FTI Consulting, just to name a few. John earned a B.S. in Psychology from Benedictine University and an MBA from DePaul University.