In certain cases, an organization also desires background information about (potential) clients and (business) relations for the protection of integrity (and reputation) of their organization.
Business intelligence is crucial for minimizing fraud, reputational and corruption risks within your organization. In this context, it is very important to know who your suppliers, clients, business partners, competitors, interest groups and other relevant third parties are. Business intelligence is a solution to this need for information, which allows you to simultaneously assess and control your risks effectively before making a well-considered decision. Business intelligence can also focus on economic, technological and cultural trends.
As with CDD investigations, Compliance Services Caribbean will report in writing on the gathered information.