Better Third-Party Risk Monitoring Starts Here

Prevent financial crime by detecting suspicious activity and potential risk across customer and vendor relationships.

COMPLIANCE BUILT BETTER™

Automatically screen clients and related parties. Identify fraud and corruption risk across individuals and firms and ensure compliance with regulatory requirements and internal standards.

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Identify risk early in the process. Screen clients and related parties to flag individuals and businesses at high risk for money laundering, terrorist financing, fraud, and corruption.

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Streamline vendor and customer monitoring and screening. Efficiently process and decision matches to escalate the most critical red flags for review.

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REDUCE FALSE POSITIVES

Use actionable intelligence to reduce false positives and flag materially significant issues across your entire firm using MCO’s central entity view.

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TAKE A HOLISTIC VIEW OF POTENTIAL RISK

A central data source provides a single integrated view of third- party relationships, making conducting due diligence and ongoing monitoring easier.

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SCREEN USING DATA FROM TRUSTED PROVIDERS

Screen clients and related parties including UBOs, Directors, Subsidiaries, and Intermediaries for Adverse Media, Politically Exposed Persons (PEPs) status and Sanctions using data from providers including Factiva and World Check.

Identify fraud and corruption risk across individuals and firms with vetting and validation of third-party entities.

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Configure workflows to automate customer and vendor screening and due diligence and identify, escalate and action issues. 

The system's alert-based functionality ensures that the right person is informed about potential risk at the right time, facilitating timely review and resolution.

The platform is designed to be easily customizable to fit the unique needs and policies of different organizations.

MCO’s Third-Party Screening solution is part of the Know Your Third Party compliance suite, an integrated solution that manages compliance risk across customer, supplier, business and vendor relationships.

Third-party screening and due diligence to identify potential fraud and corruption

MCO’s Third-Party Screening solution automates the vetting and validation of customers and third-party entities to flag potential risk including money laundering, terrorist financing, fraud, and corruption. A central source of data provides you with a single integrated view of third-party relationships making it easier to manage vendor and customer due diligence and ongoing monitoring. Efficient processes and decision matches reduce false positives and allow your team to focus on the highest areas of potential risk.

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MyComplianceOffice | Solutions | FinCEN RIA Rule AML Compliance

Be ready for the FinCEN RIA Final Rule with Risk-Based Anti-Money Laundering (AML) and Know Your Customer (KYC) Compliance