How we address your client data issues

As set out in issues affecting client screening and in order to ensure your client data can be effectively screened on a regular basis Legal RM use numerous best practice data cleansing techniques.

Set out below are some typical examples taken from real life examples of data quality issues in professional services firms. Each of which turned out to find known crimals, terrorists, money launders and hightened risk individuals or entities. The following examples show steps of how we are able to transform, manipulate and enhance client data using dn:Director SPS to ensure your data is fit for purpose:

Using our well rehersed methodology and sophisticated parsing techiniques we are able to firsly identify ALL customers to be screened:

Name Results

Identify all customers to be screened…and create actionable name information that is ‘fit for purpose’

Identify All Client to be Screened


Clean and correct data for screening & Clean and standardise names, location information…

Cleasing of Address Information

and the results.....(Obfuscated recreation of a real case)

MARK JONES
Member of an organized gang involved in stealing luxury vehicles. Father of John Jones and James Jones.
Dec 2006 - convicted of money laundering and deception charges relating to possession of forged passports and driving licenses. Sentenced to 3 years and 6 months imprisonment.

ANITA PROBERT
Alleged member of identity theft ring. Accused of using stolen identities, credit cards and other documents to commit bank fraud.
Nov 2006 - charged with conspiracy to commit bank fraud, bank fraud, aggravated identity theft and identity theft.
Apr 2007 - sentenced to 18 months in prison with 5 years supervised release and ordered to pay restitution of $1,466,000.
 
HEATHCOTE AIR CONDITIONING LTD
SDN Ref No xxxx - Iraq 2. Assets blocked prior to 30 Jul 2004 remain blocked - transactions must continue to be interdicted and assets that come into the possession or control of U.S. persons must be blocked on an ongoing basis.
Iraq used United Kingdom companies to branch out and gain control of other firms. Through these holding companies Iraq controlled over a dozen United Kingdom firms and several United States firms.
 
RICHARD COFFEY
Richard Coffey, formerly employed as a business manager by Royal Bank of Scotland (RBS), was jailed for 10 years at Edinburgh High Court on June 27, 2006, after pleading guilty to obtaining loans totalling GBP 21.38m by fraud between April 1999 and March 2004.
This was the largest fraud of its type in Scottish legal history and one of the largest in the UK as a whole.

For further information around client screening, typical data quality issues, legal, reputational and regulatory requirements feel free to browse our website, contact us, request a callback or register for a client screening workshop