LEGAL
Thomson Reuters CLEAR for money laundering prevention
and due diligence
Money laundering and fraud prevention have always been serious concerns for financial institutions. The increasing penalties and fines being handed down from federal regulators underscore how imperative it is for regulated entities to identify and prevent money laundering and instances of fraud.
Compliance was difficult enough when all that was at stake was researching one particular customer. Today you’re mandated to know your prospect’s entire relevant network and who they work with.
It is vital that your AML investigation teams be able to make relevant connections and bring them into focus for a thorough understanding of any given subject. Doing so will help your organization overcome the biggest challenges involved in preventing money laundering and fraud in less time, while minimizing risks.
See how CLEAR can help you combat fraud and minimize risk by bringing connections into focus (2:48)
Identifying risk in today's complex world isn't easy. The results of missing a bad connection can be catastrophic. But what if you could:
When you use CLEAR from Thomson Reuters, your team can more consistently minimize risks of all types – regulatory, financial, and reputational. You’ll catch more fraud with less effort, creating time to also identify positive players who can bring new revenue opportunities. As a result, you can:
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