Meet Alex—a compliance analyst onboarding a new corporate client. On the surface, the company seems legitimate, but Alex knows due diligence requires digging deeper to identify the true owners behind the business. The process can feel like chasing puzzle pieces across multiple data sources and emails. Time-consuming, frustrating—and risky if something slips through the cracks.
But with the right system, Alex’s beneficial ownership review can be simple, thorough, and fast.
Alex’s Checklist for Beneficial Ownership Reviews
- Gather Ownership Data: Enter company details and automatically pull director filings, beneficial owner lists, and corporate structures from trusted sources.
- Verify Beneficial Owners: Identify individuals with 25% or more ownership and cross-check them against global watchlists, sanctions databases, and adverse media reports.
- Document and Report: Compile findings and generate a complete audit-ready report in one click—no spreadsheets, no manual stitching of data.
A Better Way Forward
With iComply, Alex’s review is seamless, secure, and efficient. Automated data collection and verification help him spot risks faster, store everything in one place, and stay compliant with confidence. Beneficial ownership reviews don’t have to be a headache—they can be a key part of a smarter compliance strategy.
Ready to streamline your due diligence? Let’s make it easier to do the right thing. Contact iComply today.
