Counterparty Check, KYC

Tender prequalification, accreditation, verification of a new counterparty, customer identification procedure, etc. Concerning both the accreditation of new counterparties in your company and regular acceptance, when contractors and suppliers need to confirm their compliance with your requirements.
Counterparty accreditation preparation
Deadline statement. Creation of a accreditation form for process participants. Definition and grouping participants by risk level. Approving routing and range criteria definition.
Filling in compliance questionnaire
Emails to participants with access link to their personal accounts.
Participants fill in accreditation forms, attach files and indicate contractors for further analysis in the system. Automatic validation of information upon data entry and manual validation upon being assigned.
(or) Request for verification by the company employees
Your lawyers or procurement department specialists create a request for verification of the counterparty in the system and enter all the necessary data about it.
Follow up
The manager reviews the status of filling in the accreditation forms and reports on the procedure. A "debtor" report allows sending reminders to those who delay the process.
Система ранжирует и распределяет риск-проформи по критериям, подтягивает риск индикаторы к опросникам на обработку и утверждение, сопоставляет информацию с источниками.
Менеджер проверяет декларации, которые привлекают внимание.
Authorized users approve the counterparties (and their declarations). Concerned parties take measures to resolve. The manager checks the measures taken and changes the status of the procedure in the system.

Another compliance processes

Ethicontrol (ethical control) is a global ethics hotline outsourcing service and software for internal investigations. Our integrated platform supports full life-cycle of a report: from registration via contact-center and web-intake up to management conclusions in case management system (SaaS).
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