Enhanced Due Diligence
Increased Scrutiny for Increased Risk. Don’t let inaccurate data, overflow work, or automation errors ruin potential business opportunities. With deeper-dive analysis that “dials-in” when you need it, Ashtree enriches your firm’s existing KYC program to thoroughly and independently screen hazardous customers who necessitate greater scrutiny. We customise our services based on location, identified risk, and volume to fully address your anti-money laundering needs.
A deep dive into the potential risks involved with a business investment, provides our clients the assurance that comprehensive research and analysis has been conducted. Since there is no “one-size-fits-all” solution, our Enhanced Due Diligence is designed to be customised for specific client needs.
Using intelligence-based research methodologies, we build a full reputational profile on your customers based on data discovered in the open web. Our analysts scour open sources to uncover evidence of political exposure, conflicts of interest, or questionable personal/professional relationships. We also deploy dark web crawlers to uncover hard-to-find red flag information or illicit activities that may expose your firm to elevated risk.
Our team is proficient in critical languages including Mandarin Chinese, Arabic, Russian, Spanish, Urdu, Farsi, Pashto, among others, and has conducted over 7,000 EDD investigations in more than 105 countries. Our analysts are familiar with overseas public records and media sources, and strive to uncover information during the KYC process that would otherwise remain hidden using English-language searches only.
Oftentimes the most critical red flag information is found where you least expect it. With an eye to research that is both complete and cutting-edge, Ashtree’s Enhanced Due Diligence reports include social media profile details of you customers’ online profiles to identify evidence of past or present political exposure, questionable personal behavior, and suspicious personal/professional connections.
Ashtree screens customers through the International Consortium of Investigative Journalists’ (ICIJ’s) online Panama Papers and Offshore Leaks databases to find evidence of offshore bank accounts that may be indicative of financial misconduct. In addition, our analysts can create link-chain analysis visuals that map out interrelationships between parents/subsidiaries, companies, individuals, and accounts to fully elucidate your firm’s exposure to risk.
Our analysts review commercial business databases, company reports or filings, and business registration documents to expose key information about a customer entity’s registered agents, corporate hierarchies, and parent-subsidiary structures that may open up your firm to elevated risks. Ashtree’s Enhanced Due Diligence services expand outward from your customer to ensure that affiliated entities don’t serve as a backdoor for illicit activities.