MIAMI, Aug. 16, 2017 /PRNewswire-iReach/ -- Global RADAR announces the launch of its latest innovative solution for companies in the financial services space. This solution will add much needed relief to the rigors of regulatory compliance related to Know Your Customer (KYC) while improving the customer experience.
In a move that breaks new ground in the anti-money laundering (AML) software space, Global RADAR has launched Global RADAR Sanctions Search,also called Global RADAR Lite. This mobile cloud-based Watch List and Sanctions Screening tool simplifies the KYC name screening process. Organizations can now easily manage their compliance requirements and quickly identify individuals that represent an elevated risk.
The Global RADAR Lite solution is supported on all devices and utilizes global sanctions and PEP Lists. It offers robust proprietary matching capabilities along with custom Google searches to target relevant matches and reduce the noise of excess unrelated data.
"Watch List Screening and KYC are two of the more problematic areas of regulatory compliance." stated Dominic Suszek, Founder and CEO of Global RADAR. The lack of integration with existing systems and high costs have been a barrier too long. Our goal is to arm all companies with a versatile and affordable tool which addresses these challenges."
About Global RADAR
Global RADAR is the leader in client on-boarding, customer due diligence and transaction surveillance. We make it easier to open accounts in a secure digital environment while ensuring compliance with global regulatory requirements and leverage sophisticated analytics to ensure suitability of clients profiles. Global RADAR is built on four solid pillars of compliance: Customer Due Diligence, Document Management, Watch List Screening, and Transaction Surveillance. Our innovative, customizable application and dedicated support team make us the premier solution to address operational and compliance requirements.
For more information, visit www.globalradar.com or call US 1.877.265.7475 or UK +44 (0) 20.8618.2216.
Media Contact: Lydia Bronze, Global RADAR, 877.265.7475, email@example.com
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE Global RADAR