London, UK – C6 Intelligence Information Systems has seen a three-fold increase in its Enhanced Due Diligence (EDD) operation in the past 12 months and predicts further substantial growth in 2013.
Enhanced Due Diligence (EDD) is the process of revalidation of a customer’s identity, their companies and relationships, and analysis of relevant risk factors associated with conducting business transactions with that customer, be it an individual or a business.
Director of C6 Intelligence’s Enhanced Due Diligence Operation, Colin Holder said, “Due to the current financial climate and regulations, banks and financial organisations want to protect themselves against fraud and money laundering investigations by documenting their client profiles. Our C6 Intelligence EDD reports are the preferred choice for our clients because our advanced systems and processes allow us to go into greater depth in our research reports than our competitors, without incurring increased costs.”
C6 Intelligence EDD reports contain information on:
- Subject identifiers
- Detailed analysis of relevant business and personal relationships
- Relevant media / litigation profile
- Detailed risk factors
- All reports are fully sourced from public record data.
Mr Holder continues, “We found that our clients needed enhanced personal identifiers and business background checks, which required a level of in-country knowledge that their existing solutions could not provide. Our
C6 Intelligence Managing Director Richard Bensberg confirmed, “The increase in uptake of our EDD reports is a function of our investment in the product, which was revamped last year with a new reporting format, and with the additional expertise of a newly created specialist EDD Analyst unit incorporating multi-lingual Analysts with advanced research and analytical skills, able to create compliant EDD solutions for clients across a range of industries.”
About C6 Intelligence Information Systems Limited
C6 Intelligence Information Systems Limited (“C6 Intelligence”, “C6”) is a leading provider of global intelligence information on both individuals and companies through the C6 Database and bespoke research projects. C6 Intelligence provides Enhanced Due Diligence (EDD), Know Your Customer (KYC), and Anti-Money Laundering (AML) checks and solutions for companies worldwide, and has a presence in the Americas, EMEA and APAC regions.
Colin Holder, Director of C6 Intelligence’s Enhanced Due Diligence Operation was formerly a Detective Sergeant with the London Metropolitan Police force for 33 years and for 5 years was seconded from the New Scotland Yard Fraud Squad to the UK Serious Fraud Office.
For more information and a sample of the C6 Intelligence Enhanced Due Diligence (EDD) Report contact:
Director, Enhanced Due Diligence
Tel: +44 (0) 1256 301510
Vita House, London Street
Basingstoke, RG2 7PG