PEP and Beneficial Owner Alerts

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Capability/PEP and Beneficial Owner Alerts
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Name Name of a concept, e.g. a data model concept. In contrast to terms, the name does not depend on a given context, e.g. a country-specific language. PEP and Beneficial Owner Alerts (category: , sort rank: 420, product: Risk & Compliance Services)
Short description Informal and short human-readable definition of a concept. Early warnings for non-compliant business relationships.
Description Informal and comprehensive human-readable definition of a concept. Doing business with companies (and affiliates) which are sanctioned or affected by embargos can result in fines and reputational damage. However, identification of sanctioned partners is difficult due to the vast amount of different sanction lists from several countries and authorities. Even manual checks are difficult due to a lack of high-quality data provisioned by the authorities. With CDQ Cloud Services, data synchronized with a data mirror is monitored continuously against the latest sanction and watch lists. The sanction and watch list monitoring report provides a summary on potential matches. The matching against sanction and watch lists can be activated in the company data lookup, so data maintainers are already notified during creation or update workflows. The monitoring scope can be extended to political exposed persons (so called PEPs).
Release status The release status in terms of development progress or maturity of a product feature or a business capability.<br/><code>EMPTY</code> (0): No feature considered yet, just rough idea for capability.<br/><code>IDEA</code> (1): Just an idea, not yet designed in detail.<br/><code>DESIGN</code> (2): Software design ready, development not yet started.<br/><code>DEVELOPMENT</code> (3): Software development in progress.<br/><code>ALPHA</code> (4): First functional release, in terms of a Minimal Viable Product (MVP).<br/><code>BETA</code> (5): Tested by selected users.<br/><code>RC</code> (6): Release candidate, fully tested, not yet used in production by many customers.<br/><code>LIVE</code> (7): Used in production by customers, fully monitored and supported.<br/><code>DEPRECATED</code> (-1): End of life planned, but still available.<br/><code>EOL</code> (-2): End of life, historic service, no longer available.<br/><code>BROKEN</code> (-3): Service was used in production but is currently not available. However, CDQ tries to repair or reactivate it. BETA
Use cases Know Your Business Partner - Compliance and Risk Checks
Apps
Following apps provide this capability
APIs
Following APIs provide this capability

Features

Feature Short description Informal and short human-readable definition of a concept. Release status The release status in terms of development progress or maturity of a product feature or a business capability.<br/><code>EMPTY</code> (0): No feature considered yet, just rough idea for capability.<br/><code>IDEA</code> (1): Just an idea, not yet designed in detail.<br/><code>DESIGN</code> (2): Software design ready, development not yet started.<br/><code>DEVELOPMENT</code> (3): Software development in progress.<br/><code>ALPHA</code> (4): First functional release, in terms of a Minimal Viable Product (MVP).<br/><code>BETA</code> (5): Tested by selected users.<br/><code>RC</code> (6): Release candidate, fully tested, not yet used in production by many customers.<br/><code>LIVE</code> (7): Used in production by customers, fully monitored and supported.<br/><code>DEPRECATED</code> (-1): End of life planned, but still available.<br/><code>EOL</code> (-2): End of life, historic service, no longer available.<br/><code>BROKEN</code> (-3): Service was used in production but is currently not available. However, CDQ tries to repair or reactivate it.
Politically Exposed Person Lookup (Restricted Data Sources) Identify whether in your customer or supplier databases there are natural persons that are classified as so called PEPs (politically exposed persons) BETA
Beneficial Owner Identification Identify beneficial owners of a business partner IDEA
Politically Exposed Person Monitoring Continuously monitor and get notified whether in your customer or supplier databases there are natural persons that are classified as so called PEPs (politically exposed persons) IDEA