The Problem
Existing Tools
The client's existing stack of tools was failing at the most fundamental level: confirming whether a company even existed, and who was behind it. Their challenges included:
- Incomplete Registry Coverage: Major databases returned “no data” for entities in high-risk or low-transparency jurisdictions.
- Slow Manual Follow-up: Each missing entry triggered an analyst to spend hours searching government websites or hiring local consultants.
- No Sanctions Proximity Awareness: Traditional tools only matched exact names missing close affiliates or shared directors.
In short, the system was reactive, not preventive. The compliance team spent time chasing down basic records instead of analyzing risk.