New

Versatile Data Collection with Enhanced Due
Diligence

Our Enhanced Due Diligence service empowers businesses with the ability to gather a wide range of customer data via a multitude of diverse questionnaire formats. Our EDD solution is equipped to fulfill all your data needs.

How Shufti Pro’s Enhanced Due Diligence Solution Works 

EDD Customised Model 

EDD Customised Model 

Create an EDD model based on your compliance and business needs or choose one of our predefined industry models for greater ease.

Data Aggregation

Data Aggregation

Through versatile data collection options, end-users provide relevant information whilst being onboarded.

Data Storage & Management

Data Storage & Management

Collected information is stored alongside the customer's KYC data in an organised and efficient format.

Advanced-Data Reporting Mechanism

Advanced-Data Reporting Mechanism

All the data you need in one place, including customer KYC data. Alongside, advanced analytics and reporting capabilities designed to create greater ease for businesses.

A Customised Workflow for Enhanced Due Diligence

Harness the power of Shufti Pro's Enhanced Due Diligence (EDD) to personalise your company's due diligence process and seamlessly align with your business' specialised requirements and industry compliance standards.

Predefined Industry EDD Models

Businesses operating in different industries have varying requirements and risk profiles. Our pre-built industry questionnaires ensure data collection that's suitable to your industry needs, allowing for effective risk management.

Reasonable Assurance for Effective Decision Making

Ensure you make informed decisions and adhere to stringent compliance standards whilst completing all required due diligence steps, ensuring legitimate onboarding.

Increased Personalisation Capabilities for Data Collection

Unlock an elevated level of customisation for information collection, empowering you to tailor and fine-tune the process according to your specific needs and preferences.

Information we collect with our EDD solution

Personal and Contact Information

Personal
and Contact Information:

– Personal Information
– Contact Details

Background Checks

Background Checks:

– Employment History
– Educational Background
– Law Offenses Information
– Credit History
– Political Affiliation Checks

Financial Information

Financial Information:

– Source of Funds
– Transaction Statements
– Asset Ownership Details
– Beneficial Ownership Information

Social and Business Information

Social and Business Information:

– Social Media Presence
– Business Associations Information

Income Streams & Tax Returns

Income Streams & Tax Returns:

– Salary Slips
– Dividend Statements
– Rental Income Statements
– Investment Income Statements
– Personal Tax Returns (Past 3 Years)
– Business Tax Returns (Past 3 Years)
– Business Ownership
– Registration Document

Legal Business Checks & Financial Statements

Legal Business Checks & Financial Statements:

– Business Registration Certificates
– Articles of Incorporation
– Business Licenses
– Business Permits
– Profit and Loss Statements
– Balance Sheets
– Cash Flow Statements

Business Registration, Operations & Relationship Documents

Business Registration, Operations & Relationship Documents:

– Articles of Incorporation
– Partnership Agreements
– Business Trademark Registration
– Operating Agreement
– Ownership Agreement
– Business License Agreement
– Feasibility Analysis Document
– Purchase Order, Invoice & Contract
– Business License & Permits
– Ownership Structure Chart
– Business Reference Document
– Website & Digital existence

Legal Business Checks & Financial Statements

Business Operations, Association & Affiliation Documents:

– Company Profiles
– Annual Reports
– Contracts
– Bank and Credit References
– Customer and Supplier Reference
– Corporate Registration Documents
– Business Licenses
– Articles of Incorporation
– Shareholder Registers
– Board and Management Composition

 Use Cases of Shufti Pro’s Enhanced Due Diligence Solution

Offering an all-new customisable EDD solution, helping firms gather their desired information as per their business requirements

Finance

Finance

Healthcare

Healthcare

Cryptocurrency

Cryptocurrency

Banking

Banking

E-commerce

E-Commerce

iGaming

iGaming

 A Seamless User Experience With Shufti Pro’s Efficient Edd Solution

Transform your customer experience and drive unstoppable growth with Shufti Pro's advanced EDD Solution

Swift Customer Onboarding

Swift Customer Onboarding

Speed up customer onboarding, allowing you to bring on new customers more quickly and efficiently with a comprehensive data collection process

Ensure Compliance

Ensure Compliance

We build our services considering the ever-evolving regulatory landscape, helping you stay up-to-date with the latest KYC and AML requirements to avoid non-compliance fines

A Frictionless Customer Experience

A Frictionless Customer Experience

Our EDD service is simple and user-friendly, making it easy for your customers to complete the necessary IDV checks and navigate the collected information easily

Why Choose Shufti Pro’s Enhanced Due Diligence Service

The Ultimate Solution for Compliant Customer Onboarding and Mitigating Risks

  • State-Of-The-Art Customisable Solution
  • Advanced Analytics And Reporting Capabilities
  • Advanced Data Collection Algorithms
  • Global Compliance
  • Hassle-Free Systematic Process
  • Enhanced Risk Mitigation

  Shufti Pro's Globally Compliant EDD Solution

Meet regulatory requirements and prevent financial crime whilst maintaining a streamlined compliance process that safeguards your reputation

Financial Action Task Force (FATF)

Office of Foreign Assets Control (OFAC)

Financial Crimes Enforcement Network (FinCEN)

European Union (EU)

United Nations (UN)

International Monetary Fund (IMF)

World Bank Group

Basel Committee on Banking Supervision

Asia/Pacific Group on Money Laundering (APG)

Caribbean Financial Action Task Force (CFATF)

Eager to learn more?

How Shufti Pro's EDD solutions can help your business prevent fraud