Refinitiv World-Check Risk Intelligence
4.3
51
The World-Check Risk Intelligence database provides accurate and reliable information to help businesses meet regulatory obligations, prevent financial crime and corrupt practices. It has a team of researchers and analysts who collate information from reputable sources such as watch lists, government records, and media searches. The data is fully structured, aggregated, and de-duplicated, and can be easily integrated into various screening platforms. Coverage includes politically exposed persons, global sanctions lists, negative media, and more.
Strengths
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Comprehensive
Provides extensive coverage of global sanctions, watchlists, and politically exposed persons (PEPs)
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Accurate
Uses advanced technology and human expertise to ensure high-quality data and reduce false positives
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Customizable
Offers flexible configuration options to meet specific compliance needs and integrate with existing systems
Weaknesses
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Expensive
Costs may be prohibitive for smaller businesses or organizations with limited budgets
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Complex
May require significant training and expertise to fully utilize and customize the platform
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Limited Data Sources
Relies primarily on public sources of information, which may not capture all relevant data or be up-to-date
Opportunities
- Increasing regulatory scrutiny and global risks create a growing demand for comprehensive risk intelligence solutions
- Opportunities to partner with other compliance and risk management providers to offer integrated solutions
- Potential to leverage emerging technologies such as AI and machine learning to enhance accuracy and efficiency
Threats
- Facing competition from other established risk intelligence providers as well as emerging startups
- Changes in global regulations or sanctions policies could impact the relevance and effectiveness of the platform
- Increasing concerns around data privacy and security could impact the collection and use of personal information for risk intelligence purposes
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Refinitiv World-Check Risk Intelligence Plan
Refinitiv World-Check Risk Intelligence offers a tiered pricing strategy based on the number of users and version features.
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