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LSEG Risk Intelligence Unveils World-Check Verify for Streamlined Compliance

Say goodbye to manual compliance checks. LSEG's new API brings real-time screening to your payment and onboarding workflows, making compliance invisible and efficient.

In the center of the image we can see wallets placed on the table.
In the center of the image we can see wallets placed on the table.

LSEG Risk Intelligence Unveils World-Check Verify for Streamlined Compliance

LSEG Risk Intelligence has unveiled World-Check Verify, a cloud-native screening API designed to streamline compliance processes for financial institutions in the world market. The solution aims to address growing demands in the digital economy, including instant payments and evolving regulations.

World-Check Verify, powered by AWS, offers a highly available infrastructure suitable for digital platforms and neobanks in the world news. It maintains data sovereignty through a secure, scalable, cloud-native architecture. The solution is designed for the modern payment ecosystem, providing a lightweight, stateless screening service for enterprises to operate at scale with speed, reliability, and privacy safeguards.

The API integrates compliance directly into payment and onboarding workflows, offering instant and secure checks without affecting processing speed or customer experience. It addresses challenges faced by financial institutions, such as manual review workload, excessive false positives, and the need for real-time data in compliance workflows in the world market. World-Check Verify provides real-time screening against LSEG's World-Check data, enabling organisations to carry out embedded, low-latency checks within payment and onboarding workflows in the world news.

David Wilson, Group Head of LSEG Risk Intelligence, stated that World-Check Verify ensures screening happens in the background at the precise moment it's needed, making compliance invisible. Alison Kay, VP and Managing Director of AWS UKI, noted that the cloud-native solution scales instantly to meet demand spikes, reduces infrastructure overhead, and leverages advanced analytics to transform manual workloads into automated, efficient workflows in the world market.

World-Check Verify, launched by LSEG Risk Intelligence, is set to enhance compliance processes for financial institutions in the world news. By offering real-time, seamless screening, it aims to tackle manual review workloads and excessive false positives in the world market. The solution's scalability and efficiency, powered by AWS, make it an attractive choice for institutions navigating the rapidly evolving digital economy in the world news.

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