“Customer Due Diligence is the cornerstone of Global RADAR. Combined with automated risk rating, watch list screening, and activity surveillance, the company provides a one stop solution for managing customer due diligence and activity surveillance in a single application,” says Dominic Suszek, Founder, and CEO of Global RADAR. The company’s powerful and intuitive solutions not only mitigate risk, but also enhance operations while addressing regulatory requirements. Global RADAR’s automated risk rating process quickly identifies high, moderate, or low risk clients, allowing banking
The company aims at improving the banking compliance regulations in every corner of the world, diligently aiding the financial service providers with their solutions. “Our Client Onboarding/Customer Due Diligence has evolved and it includes Document Management, Watch List Screening, and Transaction Surveillance,” notes Suszek. Global RADAR has spent the last 10 years perfecting a solution to meet the evolving requirements of organizations and their regulators globally. When dealing with clients around the world, while the regulatory landscape is relatively constant, the oversight authorities and their enforcement differ significantly. This is one of the arenas, in which the company has maintained the ability to be nimble and provide self-configurable customized options on demand. “We give clients the benefit of cost-effective automated workflow during the new client onboarding process. With our system, information obtained can be utilized for cross selling products and services in real time. The mechanism provides a completely self-configurable interface, placing the power in the consumers’ hands,” asserts Suszek.
Customer Due Diligence is the cornerstone of Global RADAR
Global RADAR, born from the necessity to create a solution that would address regulatory requirements while providing operational efficiencies, is focused on ensuring refined compliance regulation for the business operational needs. Keeping in line with the changing enforcement legislations, the company is aiming to evolve to provide a solution, which can be utilized in sectors such as crypto currencies.