Global expertise in the local marketplace

RIG provides first class ID Fraud Protection and fraud analysis

By integrating automated ID-authentication systems, RIG can provide advanced security features to its clients. These systems can help verify the authenticity of IDs quickly and accurately, reducing the risk of fraudulent activities.

The Documentchecker Database is recognized as the world’s most comprehensive database of genuine ID documents and banknotes. This extensive repository covers information from over 200 countries and organizations, making it a valuable tool for verifying the authenticity of various types of documents.

The database’s coverage of passports, ID cards, driving licenses, visas, and banknotes caters to a wide range of document authentication needs. This versatility makes it a valuable tool for organizations dealing with different types of documents across various sectors.

Through collaboration with Government agencies , Keesing can leverage this expertise to enhance the quality of the database and ensure that its authentication solutions meet industry standards and regulatory requirements.

RIG’s tech solutions are customizable to meet the unique needs of individual clients. Additionally, some of the solutions offered by us are available as standalone products, providing flexibility for companies seeking specific risk management tools and services.

In conclusion, RIG’s tech-driven approach to risk management, supplemented by the expertise of our professionals and the range of tools, platforms and databases at disposal, positions the company as a valuable partner for any organizations looking to enhance their risk management practices and address challenges effectively.

In the realm of compliance and risk management, including Anti-Money Laundering (AML) and Know Your Customer (KYC) processes, Enhanced Due Diligence (EDD) reports are categorized into different levels based on the depth and intensity of the due diligence conducted.The various levels of EDD reports typically include:

Level 1 EDD is a basic form of enhanced due diligence that involves conducting additional screening and verification procedures beyond standard due diligence. It generally entails gathering more information about the customer or business entity to ensure compliance with regulations and to assess potential risks. This could include verification of identity, screening against sanction lists, and basic background checks.

Level 2 EDD represents a higher level of scrutiny compared to Level 1. This involves a more in-depth analysis and extensive investigation of the customer, their transactions, and relevant business connections. Level 2 EDD often includes enhanced monitoring, assessment of transaction patterns, source of funds, and more thorough background checks. This level of due diligence is typically applied to customers deemed to have a moderate level of risk.

Level 3 EDD is the most comprehensive and intensive form of enhanced due diligence. It is reserved for customers or business relationships considered to be of the highest risk, such as politically exposed persons (PEPs) or high-net-worth individuals. Level 3 EDD involves a detailed investigation, often including site visits, interviews, enhanced source of wealth verification, and additional scrutiny of complex ownership structures. This level aims to provide a deeper understanding of the customer’s background, activities, and potential risk factors.

Organizations tailor their EDD processes based on risk assessments and regulatory requirements to ensure thorough compliance and effective risk management. The different levels of EDD reports allow businesses to adjust their due diligence efforts according to the level of risk posed by specific customers or transactions.