Cedar Rose is a well-respected and trusted
supplier of global risk reporting and business intelligence tools since 1997.
For over three decades it has been providing its customers with innovative
compliance products, AML and KYC solutions, risk and credit analysis tools.
Founders Antoun and Christina Massaad have
used their combined knowledge and credentials to build a company that offers
top-class business credit solutions to the Middle East and North Africa (MENA)
region. Now with a global reach, Cedar Rose has a wealth of solutions available
to meet the needs of any size business, with its CR Comply tool encompassing a
broad range of compliance requirements.
The importance of risk awareness
A lack of adherence to strict compliance
procedures could cost your business devastating financial and reputational
losses. In 2019 alone, there were over $8 billion in fines handed out for
financial crime.
But compliance takes forever!
With modern
technological advancements, businesses can onboard faster than
ever but still need to enact strict checks on each existing or new customer or
business partner and monitor them on an ongoing basis for any changes to their
risk issues.
You can't afford to cut corners when it
comes to compliance, so you need a solution that works as fast as your business
does. A fully inclusive compliance check with a fast turnaround time will let
you focus on more pressing work, secure in the knowledge that your external
business dealings are safe while you remain compliant and adhere to regulations
and laws
Surely that costs a lot?
We are now able to conduct fast and fully
inclusive compliance checks that cover everything you need to adhere to
regulations. These include criminal databases, sanction lists, Anti-Money
Laundering (AML) and Counter Financing of Terrorism (CFT) compliance,
Politically Exposed Persons (PEP) screening, and Adverse Media alerts.
Your compliance checks often produce low-quality results
Do you find that the business intelligence
service that you use to conduct compliance checks often returns inaccurate or
incomplete results? Are you having to spend an inordinate amount of time
double-checking the data to ensure everything is correct?
There is no doubt that you are aware of the
importance of accurate data when it comes to compliance. Far too much is at
risk for you to accept results that you aren't 100% sure of. While
affordability and efficiency may be high on your list of requirements, there is
nothing more critical than highly accurate, top-quality results.
You need an enhanced compliance check solution!
You need a fully comprehensive and highly
accurate compliance check that covers all the bases, providing you with
up-to-date information in as short a time as possible. To achieve this goal,
you need a solution that makes use of modern technologies like artificial
intelligence (AI), machine learning, web scraping, data analysis, and
natural-language processing.
With this powerful new technology,
compliance solutions can now rapidly search through thousands of active
databases and validate the results in real-time. Gain access to thousands of
government regulatory and law enforcement watchlists, up-to-date sanctions
lists and PEP profiles, and 150 million adverse media articles from over 230
countries.
Monitor any critical and risk issues from the start
Our CR Comply service comes pre-selected
with a proactive monitoring service for twelve months from the minute you use
our service to screen anyone or any entity of any type. CR Comply provides
instant alerts should your counter party’s compliance status change with no manual intervention or processes on your side.
The Cedar Rose CR Comply service
Cedar Rose's brand new CR Comply service is
an instant global compliance tool that uses machine learning algorithms capable
of processing 6.5 million articles per day. Developed by world-leading
engineering teams and curated by teams of subject matter experts, these
algorithms produce results with a higher degree of accuracy than human checks.
Profiles are accurately labelled with
easy-to-justify categories that help to reduce false positives by only
screening elements relevant to your business. CR Comply is available in 14
languages using 10,000 data sources and covering 150 million articles per
month.
Cost-effective compliance service
And the best part is, Cedar Rose's CR
Comply is a reliable and affordable compliance service which starts from as
little as €0.50 Euro cents when you purchase a package, with a maximum cost of €15 Euro and can be used on a case
by case basis through our website here.
Why subscribe to compliance services that could cost tens of thousands of euros or dollars when you pay for what you need when you use CR Comply?
For more information on how CR Comply can help your business, give us a call today on +357 25 346630 or email crcomply@cedar-rose.com