"Access to primary source registers via a single sign-on platform, huge country coverage, a Concierge and Translation Service… I don’t know any other company who can offer that. This puts us at a real competitive advantage."
Customer due diligence (CDD) and Know Your Customer (KYC) are ongoing operational activities for banks. This typically involves gathering, reviewing, and maintaining customer and counterparty information across the relationship lifecycle.
Moody’s provides data, workflow, and analytical tools that banks can use across onboarding, screening, and ongoing review to support internal risk assessment and decisioning across teams and jurisdictions.
Banks can configure their KYC and CDD approaches based on business models, customer segments, and operating footprints. Moody’s solutions support these configurable workflows by integrating multiple data sources and automating selected data checks within established bank processes.
Support digital KYC processes by facilitating identity-, screening-, and risk-related checks used to help build and maintain customer profiles. Moody’s tools bring together risk-relevant data sources and workflow steps to support more consistent onboarding and ongoing review, aligned with internal policies and operating procedures.
Support Know Your Business (KYB) and enhanced review processes through workflows that can consolidate business identity information, ownership data, and contextual risk indicators. Moody’s solutions can be used to support business entity verification, beneficial ownership analysis, and the surfacing of relevant risk signals, such as sanctions listings, PEP associations, and adverse media, while helping maintain visibility into changes over time.
Moody’s solutions provide data integrations and workflow tools that banks can use as part of a perpetual KYC (pKYC) approach. These tools support ongoing KYC- and AML-related activities, including sanctions exposure analysis, the identification of terrorist-financing risk indicators, fraud-risk reviews, and monitoring of changes over time. Ongoing monitoring can help teams stay informed of risk-relevant changes and support internal, risk-based decision-making.
Use risk-relevant data, including ownership and control information, to better understand potential sanctions exposure. Moody’s solutions help provide greater visibility into connections between individuals and entities across complex ownership structures, supporting screening, review, and investigations workflows.
Moody's Sanctions360 is designed to support more consistent identification, review, and research activities across customers, counterparties, and third parties by bringing together sanctions data, entity relationships, and contextual information.
Moody's screening technology is designed to assist with alert review and prioritization. Machine‑learning models analyze historical risk events and analyst decisions to generate confidence indicators that can be used to triage and assess screening results according to internal criteria.
Moody’s combines entity verification tools, identity data, adverse media events, and screening capabilities to support fraud-related assessment activities. These capabilities can be used within broader investigation and reporting workflows to help teams identify and review emerging fraud patterns.
Bring Moody’s risk-relevant data together, with additional third-party sources, to help inform customer and counterparty risk profiles. Use coordinated workflows to perform checks, maintain profiles over time, and support internal risk-based decisions about who you work with.
Configure onboarding, due diligence, and monitoring workflows around your bank’s structure, customer relationships, and internal policies. Update workflow steps, routing, and data checks as needs change, without having to redesign end-to-end processes.
Use structured risk data and intelligent screening to support consistent match assessment and reduce time spent on irrelevant alerts. Apply bank-defined criteria and contextual information to focus review efforts where they matter most.
Support digital-first KYC, KYB, CDD, and enhanced review processes designed to balance operational efficiency with customer experience. Workflow tools can help reduce manual effort and help teams focus time on analysis, judgment, and decisioning.
Moody’s risk-relevant data can be integrated into KYC and case workflows to support AML and financial crime investigations. Configure investigative workflows that align with how your teams operate and adjust steps and checks as internal needs evolve.
Integrate entity, ownership, and risk data into KYC and KYB processes to help teams support continuity across onboarding and ongoing review. Track changes over time through a process of perpetual KYC and preserve supporting context used in internal decision-making.
Perpetual KYC (pKYC) is an approach focused on maintaining awareness of risk-relevant changes as they occur, rather than relying only on periodic refresh cycles.
With pKYC, banks can use automation and monitoring to identify potential changes to customer or counterparty risk profiles, including ownership updates, entity changes, or new risk signals, and route them for review based on internal criteria.
Banks often combine automation, analytics, and human review to support pKYC operating models and manage changing risk across customer populations over time.
Disclaimer *This content is for informational purposes only and does not constitute legal, financial, compliance or other professional advice. Please consult with a qualified professional for specific legal, financial, compliance, or other professional advice. For more terms and conditions pertaining to Moody’s products and services, refer to the https://www.moodys.com/web/en/us/legal/global-disclaimer.html on Moody’s website.
Global financial institutions today face heightened compliance risks. Enforcement measures are tightening in response to new sanctions circumvention methods that can make detection more challenging.
Moody’s whitepaper explores these emerging methods and highlights how institutions and compliance teams are seeking to identify and address sanctions risks.
"Access to primary source registers via a single sign-on platform, huge country coverage, a Concierge and Translation Service… I don’t know any other company who can offer that. This puts us at a real competitive advantage."
Valerie Croy-Markones,
Head of Corporate Customers, Raiffeisen Bank International AG
This case study highlights how a global banking customer sought to enhance its KYC processes using Moody’s Entity Verification API.
The customer, a leader in the financial world, wanted a modern, automated solution to serve its investment and commercial banking divisions better and faster. The implementation of the Entity Verification API provided a single, trusted source for entity data, allowing teams to support their automated onboarding and perpetual KYC processes.
Moody’s solutions supported greater flexibility and a more continuous view of counterparty risk, as relationships changed over time.
Customer due diligence (CDD) is the process by which banks and other financial institutions (FIs) identify and verify individuals before they become customers, and how they then assess risk throughout a customer’s lifecycle. The CDD process helps banks understand and manage their entire client risk base, and prevent financial crimes like money laundering and fraud.
Correspondent banking plays a key role in the global financial system. It facilitates cross-border transactions and supports international trade. Correspondent banking involves financial institutions providing services on behalf of other banks, usually in different countries.
Shell companies can be used by criminals to conceal offenses such as fraud, tax crime, money laundering, and sanctions evasion, all of which pose a threat to the global economy. Against this background, there are significant moves from governments and the private sector to create more corporate transparency.
An onboarding or know your client (KYC) process is designed to uncover potential risks associated with individuals or entities before they become part of a business network.
This recognition underscores Moody’s continued excellence and innovation in delivering data-driven solutions for financial crime risk management
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