Document and configure your institution’s high-risk customer review policies, per high-risk category, directly in the Verafin application to ensure you conduct EDD reviews on time. With automated EDD workflows, Verafin eliminates the need for manual tracking with email reminders and spreadsheets so you never miss a review.

Improve ongoing EDD processes with a visual dashboard that provides a quick overview of alerts on your high-risk customers, plus your active, upcoming, and completed due diligence reviews.

Direct from the workflow, you can review alerts on high-risk customers that may require additional scrutiny, including new high-risk customers, those missing documentation, and those who have exceeded their declared behavior.

Establish review dates based on your institution’s policies, receive email task reminders, assign tasks to other users and attach relevant findings and documentation — all within Verafin’s EDD workflow.

Create cases directly from alerts, or for enhanced due diligence on high-risk customers. Attach files, manage tasks, and fully document findings — all in one location.

Create custom reports that suit your reporting needs, such as a report of your high-risk customers, including the date of their last completed review and their upcoming review date.