CPL Compliance

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Overview

KYC-Relevant Compliance Intelligence – Independently Researched and Verified

CounterpartyLink's Award Winning Compliance Services offer companies a complete 'one-stop' legal entity intelligence solution to establish accurate verification of your counterparties, so you always know who you`re doing business with.   CPL COMPLIANCE gives you legal entity data which is independently collected, verified and maintained by us with reference to Primary Sources.  Documentary evidence enables you to prove it.  Global compliance teams can significantly reduce the resource intensive functions of gathering reliable and safe KYC-relevant entity data, and, ultimately, reduce the scope for misfiling.   For every legal entity, in every jurisdiction, and to adhere to regulatory compliance, we can offer you the convenience of a complete `global view` of all the KYC-relevant counterparty data you'll need, all in one place, and continuously maintained.         

CPL Compliance provides buy and sell side institutions with an independent view that has KYC at its heart. Compliance teams gain instant access to all the KYC-relevant counterparty data needed to adhere to regulatory compliance, with a full audit trail – all of which significantly reduces the scope for misfiling or lack of updating by the entity in question.  Customers are able to act immediately rather than spend time researching changes themselves, affording more control and faster automated processes.  This means faster, more accurate checks, reduced subscription costs and significantly enhanced value for KYC, and other checks, where knowledge of ownership and control are important.                          ​

Key Features

  • Know who ultimately owns and controls your counterparties, Ultimate Beneficial Owners down to 10%
  • Daily review and mapping of LEI codes with LEI status for Dodd Frank, EMIR, etc. and GIINs updated as released from the IRS for FATCA reporting and other mandates 
  • Information on BIC codes and know who`s 'connected' plus Regulatory and Exchange Listing status of parent companies to simplify risk categorisation
  • Independently collected, verified and maintained with reference to primary, compliant sources means less chance of misfiling
  • Continuously updated, so you stay up to date with significant changes to your counterparties (synchronised to your own internal review schedules) 
  • Full audit trail and Evidence screenshots for all compliance fields so you can prove it

Key Benefits

  • Helps to reduce costs, increase internal efficiencies and meet KYC and other regulatory requirements.
  • Reduced scope for misfiling or lack of updating by the entity in question.
  • Facilitates efficiency, reducing labour intensive manual efforts and speeds KYC workflow and processes.
  • Enables you to reassign internal resources to your higher risk entities.
  • Simple deployment across the global organisation, no installation or integration of third party systems.

Product/Service details

Geographic Availability
Africa, Asia-Pacific, Europe, North America, South America