Financial Crime Managed Services

Kroll’s screening and due diligence solutions offer a cost-effective, high-quality, and programmatic approach to assessing potential risks from new and existing customers, third parties, investments and partners.

We help clients onboard and manage the risks associated with new customers and third parties and ensure that we offer the right level of screening and due diligence solutions based on the risks inherent in the opportunity – from screening against sanctions and government watch lists to assess the reputation through review of public records and local human intelligence and source inquiries.

Our comprehensive KYC managed services offer a seamless solution, allowing our clients to outsource their KYC obligations with confidence. From customer onboarding and screening to ongoing due diligence, our expert team manages every aspect of the KYC process with meticulous attention to detail and industry-leading expertise. By leveraging screening technology and best practices, we ensure thorough risk mitigation while maximizing operational efficiency.

Kroll can serve as a financial institution’s financial intelligence unit and provide investigation, analysis and reporting of alerts. Prior to assisting with business-as-usual activity, Kroll works with compliance teams to streamline the investigative process and identify enhancements to improve productivity. The Kroll managed services offering is available on a long- or short-term basis.

Team members have led and performed numerous transaction monitoring look-back projects for domestic and international financial services firms. Team members have assisted these entities with the analysis of transactions and the filing of suspicious activity reports.

As the global regulatory landscape evolves, firms often experience spikes in their PEP and sanctions screening alerts, thereby creating backlogs. At the heart of our remediation strategy for alert clearance lies our tailored approach, which is designed to optimize efficiency and accuracy through identification of opportunities for auto-closure of the alerts and minimize manual intervention and cost. Leveraging our global network, we deploy a dedicated and experienced team strategically located around the world, ensuring alerts are promptly and effectively cleared and giving our clients peace of mind.

Our dedicated team of expert AML professionals brings unparalleled expertise and a proactive approach to managing regulatory obligations and risk. With our outsourced MLRO services designed specifically for management companies, investment funds and entities supervised by the Irish Department of Justice, as well as investment funds and advisors domiciled in the Cayman Islands, our clients can focus on driving growth and innovation, confident that their AML function is in capable hands.