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Thomson Reuters Launches Accelus World-Check One to Simplify and Accelerate the Customer Due Diligence process
(Thomson Reuters ONE via TheNewswire.ca) Thomson Reuters Launches Accelus World-Check One t...
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[{"type":"text","content":"Thomson Reuters Launches Accelus World-Check One to Simplify and Accelerate the Customer Due Diligence process(Thomson Reuters ONE via TheNewswire.ca)\n\n\n\n\n\n\n\n \n \nThomson Reuters Launches Accelus World-Check One to Simplify and Accelerate the Customer Due Diligence process\n\n \n \n \n\nSimplifies screening for money laundering, sanctions and threat finance\n\n \n\nCustomizable to identify a variety of specific third party risks\n\n \n\n \n \nNEW YORK, June 2, 2014 - Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced the launch of Accelus World-Check One, a scalable solution designed to simplify and accelerate the customer on-boarding and due diligence process. Accelus World-Check One combines World-Check risk intelligence with next generation automated screening software, helping organizations more efficiently screen during Know Your Customer (KYC) on-boarding, ongoing monitoring, and rescreening cycles. World-Check One is part of Thomson Reuters Accelus, the unified platform built to meet the needs of the governance, risk and compliance community. \n\n \n \nAccleus World-Check One is designed to help organizations balance changing regulatory requirements and increased operational burden through a more targeted approach. The solution simplifies screening for money laundering, sanctions and threat finance as well as detailed monitoring of Politically Exposed Person (PEP) relationships via its customizable framework enabling organizations to screen for a variety of compliance obligations. The system provides managers with detailed control to maximize the use of technology, enable smarter workflow and reduce remediation costs. Furthermore, Accelus World-Check One is built to maximize World-Check Risk Intelligence data, using advanced search algorithms, secondary matching, customizable workflow and ongoing monitoring of risks. \n\n \n \n\"As regulatory demands continue to weigh on financial institutions, organizations now more than ever need the tools, technology and operations that support customer due diligence,\" says Chris Perry, managing director, Risk, Thomson Reuters. \"Accelus World-Check One provides our clients with a complete view of relationship risk on one single platform making the process simpler, faster and more efficient. The solution's ...