Organisations use many lists to fight against financial crime. These include; white, black, regulatory and periodic review lists. Unfortunately, these are often outdated, inconsistent and difficult to match or audit.
This can lead to issues that affect an organisation’s efficiency, operating costs and regulatory exposure:
The ICX4 list management system provides users with a combination of business intelligence, auditable documentation, rules and analytical tools to demonstrate consistency, increase the effectiveness of an organisations Anti Financial Crime process, and reduce operational costs.
All lists can also be kept current when automatically matched against a selection of over 200 external data providers, ranging from corporate registries, ID & V to global regulatory databases, ensuring all actions and decisions are based on relevant and accurate data.