FiveBy Risk Assessment Services offers tailored, on-demand assessments of sanctions, money-laundering, reputational, and other risks, providing clients with customizable reports to fit budgetary requirements.
What are FiveBy Risk Assessment Services?
As the costs of compliance with sanctions, money laundering, and other regulatory requirements increase, FiveBy has developed a bespoke service to help clients understand their risk exposure and make sense of volumes of data generated by compliance tools.
FiveBy offers three levels of expert, informed assessments on demand and tailored to individual clients, delivering a wealth of insights to supplement data generated by automated tools to make sense of it all.
FiveBy’s expert analysis by certified specialists with jurisdictional, linguistic, and policy expertise will provide insights into potential clients and business partners without breaking the bank.
Standard risk assessment
Broad insight into sanctions, money laundering, reputational, and environmental, social, and corporate governance (ESG) risk by providing insights into company location, identifiers, structure, and ownership.
ENHANCED risk assessment
Building on the Standard Risk Assessment, this level also includes details on corporate structure, shareholders, ultimate beneficial owners (UBOs), and other insights that could impact risk. Includes name variations—both in local language and in English—highlights money laundering and sanctions red flags, and can be customized to include customized questions.
COMPREHENSIVE risk assessment
Building on the Enhanced Risk Assessment, this level provides a fully customized, extensive expert evaluation, including in-depth research into ownership and control, jurisdictional risks, business activities, company history, and possible links to criminal activities. Flags possible regulatory changes that could impact future business, as well as corruption, kleptocracy, and accompanying PEP risks.