Our new Know Your Business Reports (KYB), available from the 30th September, will enable businesses to seamlessly run checks on commercial property buyers in just one click.
Our KYB Reports include easy-to-follow visuals of global group structures which show the ultimate holding company as well a full list of all significant shareholders, PSCs and directors.
You can run reports on over 400 million private and public companies across over 200 countries and territories.
The reports are compiled from a mixture of official government registries, such as Companies House in the UK, industry-leading corporate data partners, court filings, banks, trade payment data, stock exchanges and international sanctions lists and presented as one unified online report that can also be downloaded.
We are excited to announce the launch of our latest solution, designed to make navigating complex company structures more straightforward than ever before. One of the key benefits of this innovative tool is the ability to view all relevant information on a single screen, eliminating the need to search multiple sources.
Cutting out the red tape
Traditionally, finding the ownership of a company could be a time-consuming task which involves combing through multiple documents, logging into various company registries and working with different data partners.
For example, to trace our own company structure, you would first search for Credas Technologies Ltd on on Companies House, which would reveal Dye & Durham (UK) Holdings Limited as our PSC. Then, you’d need to search for Dye & Durham (UK) Holdings Limited again to discover it’s owned by Dye & Durham Corporation in Canada, meaning you’d have to navigate Canada’s Business Registry and eventually the Ontario Business Registry. And after doing all of this you still have to then run sanctions checks on each entity and AML checks on UBOs.
Our new solution cuts through this red tape. By linking entities across various registries, it reveals the true corporate owners with just one search, saving you valuable time and effort.
One-click compliance
Tim Barnett, CEO of Credas commented: “Corporate Due Diligence and the identification of Ultimate Beneficial Owners is vital to the ongoing effort to combat money laundering and terrorist financing.
Traditional business due diligence methods involve an overwhelming number of documents and filings that need to be meticulously read through to connect the corporate dots in order to eventually find the beneficial owners
Our solution instantly provides a clear, concise and up-to-date report that identifies all beneficial owners. In just one click you can then run KYC / AML reports on the individuals shown to be connected with the company in order to identify any high-risks indicators.”
Live KYB-2-KYC showcase
Get a sneak peek, ahead of the official launch, with our live webinar on Wednesday 25th September. Join our Director of Sales, Rhian Del-Valle, who has over 20 years of experience within corporate due diligence and our Business Development Director, Stephen Lawes, for live showcase of our brand-new solution.
Click here to register for our live KYB showcase on Wednesday 20th September
