Politically Exposed
Persons

Advance your PEP screening with
dynamic global coverage

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Data Updates in Minutes
Not Days

Consolidated, Structured
Global Database

Taxonomy aligned to
global PEP regulations

The Problems We Are Solving

Politically exposed persons (PEPs) are individuals whose prominent position may make them vulnerable to corruption. This extends also to relatives and close associates.

Enhanced due diligence is required to acquire additional information on the PEP, on the intended business relationship, and on the underlying reasons for their relevant transactions.

Slow updates, stale profiles, and an unmanageable amount of false positives caused by bad data and legacy technology put the entire compliance program at risk.

How are we different?

Proprietary data, captured in a clear and structured way

We are one of only four global AML data providers in the world. Our robust PEPs monitoring, update and assurance processes, leveraging state of the art machine learning technology, means that we have the capability of monitoring hundreds of PEPs lists concurrently in real-time. 

Categorized for Flexible Screening

Every change to an entity is clearly categorized by FATF aligned risk stages (High Risk to Low Risk), age, and type so you can choose exactly which type of information you want to be updated on.

Enrichment Pipeline

Our PEP profiles are built with a specific focus on Relatives and Close Associates (RCAs), which include spouses, partners and children, to give a more accurate insight into the risk of who you’re doing business with.

Combined, Structured Profiles

Have the context to make the right AML risk decisions with comprehensive profiles enhanced with the most up to date Sanctions and Watchlists and Adverse Media.

Reduced False Positives

Advance your PEP screening with flexible “fuzzy matching” search capability that allows you to optimize your workflow in-line with your risk-based approach. Whitelisting prevents those same results from showing up again and again after you’ve marked them as approved, reducing the number of false positives that appear with similar searches over time. 

Continuous Improvement

We are one of the few AML solutions that is actively investing in our product offering. We take on a collaborative approach to fighting financial crime with our clients, building a technology stack that supports both your business goals and compliance obligations.

What is a Politically Exposed Person?

Classification

  • A politically exposed person (PEP) is an individual with a high profile political role, or who has been entrusted with a prominent public function.
  • We use the Financial Action Task Force (“FATF”) definition of PEPs and PEP Categorisation.

(PEPs): What They Are And Why They Matter >

Coverage

  • With over 5,000 structured sources used for our PEP database, our dedicated team continues with great effort to identify official government structure sources that are placed on auto-monitoring systems for changes every 30 days.
  • To further ensure that we capture all anticipated PEP changes in the shortest time possible, countries with planned elections are placed on an enhanced monitoring list that undergoes daily monitoring for changes.

Detecting misuse of the financial system by PEPs: red flags and indicators for suspicion >

Why We Are Different

Legacy

Updates in months
Updated in real-time
Manual collection methods 
AI and Machine Learning
Inefficient matching strategy
Advanced monitoring capabilities
Inflexible screening process
Control over matching outputs
Inadequate algorithms
A sophisticated, configurable search algorithm
Delayed screening time
RESTful API integration

Enhance your Compliance Workflow

AML Screening and Monitoring

Automate onboarding and monitoring processes,
whilst minimizing false positives, by utilizing the
FinCrime Knowledge Graph.

Transaction Screening

Screen senders & beneficiaries against
the world’s only real-time database of
sanctions risk.

Get Started Now!

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