<p>Global regulatory compliance standards demand a sophisticated international customer identification. OrangeCubes Customer Due Diligence (CDD) have process of a business verifying the identity of its clients and provides opportunities include managing information gathering, profiling appropriately, and updating risk scores for ongoing due diligence. Get reports of your customers due diligence, display any reports when you need and compare with history reports, send the approval before saving and save them in identification archive.</p> <p>Monitoring of a customer's transactions against expected behaviour and recorded profile as well as that of the customer's peers are provided by OrangeCubes CDD. Determine your the customer's risk in terms of propensity to commit money laundering, terrorist finance, or identity theft. </p>
OrangeCubes CDD provides KYC policies which are becoming much more important globally to prevent identity theft, financial fraud, money laundering and terrorist financing.
Orangecubes CDD is designed to identify information on the purpose nature of the business relationship of a customer where the customer is considered to present a low risk of money laundering or terrorist financing.
Identifying the risks, actions taken and motivation for accepting the client Risk Rating. Create risk profile which include attached documents, level of risk held are kept up-to-date.
Compliance is not an option for Trust Companies. They have to get compliance with regulations. OrangeCubes CDD provides flexible which workflow starts automatically. The platform which is designed according to compliance procedure.
Save accurate, approved and faultness informations and save them safely in OrangeCubes CDD. According to to 4 eye principle all records are approved before saving to archive.
When CDD identification is approved, CDD report document is automatically generated and saved in your document archive with safely. Always be ready for all audits with accessible and easy to search documents when you need.
While performing due diligence identification access to previous history records and compare. The comparison of new and old records provides customer recognition and noticing power of details. No more searching details in papers. Have effective analysis power in OrangeCubes platform.
Access crucial points of history documents which you need namely executive summary, structure to which the object company belongs, purpose of the structure, UBO, director and contact person identity, identifying the risks, actions taken and motivation for accepting the client Risk Rating etc.
Display approvers log which includes task name, approval date and approver name in previous history for every task and customer.
CDD module gives you a single, Solid Client Acceptance Procedures and continue update client informations possibilities, Starting from first client acceptance process and continue updating with historical knowledge.
Yes, all completed previous CDD forms are stored in database and accessible while a new CDD form is filled.
Yes you can start as new CDD and import from older version any time with all attached documents and comments.
All client related CDD files can be searched in the dashboard and also in the Compliance Module CDD tab details will be showed.
All regulatory updates will be evaluated by our specialists and OrangeCubes releases new version with updates and you can continue with new version without any disturbance.