Ensure you are onboarding compliant third parties. Identify and mitigate financial, legal and reputational risks.
We make it safer for you to do business
Perform comprehensive checks on your counterparties and third parties such as vendors and business partners. Built for Corporate Compliance and Risk teams.- Financial Health Checks
- Promoter Background Checks
- AML, Sanctions Lists & PEP checks
- Reputation checks
- Historic Financial Checks
- Adverse Litigation Checks
- GST Compliance Checks
- Regulatory & Economic Default Checks
- Headcount Checks
- Customer Sentiment Analysis
- Adverse Media Checks
- Financial Quality & Credit Checks
- Buiness Registration & Essential Checks
- Ultimate Beneficiary Analysis
- Corporate Governance Checks
Let us know your third party screening requirements
Avail custom plans best fit for your business. Talk to our compliance experts today. CLICK TO SCHEDULE A DEMOBenefits:
Verify
Automate
Unparalleled deep research performed and reported to you in under 12 hours. Maintain your third-party list with us and schedule bi-annual or quarterly checks.
Accelerate
Reduce onboarding time. Quickly get to business but relying to SignalX's automation capabilities. Industry best TAT and unrivalled coverage.
FAQs:
Some of your Questions:
SignalX is built by a team of technologists with the goal to make it safer for you to do business. We power some of the top Forensic, Valuation and Due Diligence teams in India. Our products are used in industries like M&A, Corporate Compliance, Valuations, Risk and more.
Q. How do you source the data for your analysis?
SignalX sources its data from datasets managed by government agencies, regulators, publicly available media and various other third-party datasets. We’re continually expanding our sources to enable us to generate new analyses such as fraud prediction, credit ratings, and compliance profiles.
On top of the collected data, SignalX runs its proprietary machine learning algorithms to reduce false positives and infer meaning. SignalX does not look into any data points that are not made publicly available by the target company or by other parties either through the media or in their regulatory filings.
Q. Can I generate reports in the format I need?
Yes! Our anlaysts will help you customize the reports so that it meets your organizational reporting standards. You can also use the default reporting format available in the platform.
Q. What are my billing options?
You can use SignalX's Screening solution on pay-as-you-go model and pay for the reports you consume. You can also avail tailored subscription plans that suit your needs. We offer invoicing, credit and debit card based payment options.
Q. How often should I validate my counterparties?
That depends! You may want to check with your industry regulator for the KYB reporting requirements. If you're in IT Services or Manufacturing, a bi-annual check is a healthy option.
Q. Can I request custom data points on my counterparties?
Yes! We're currently one of the most comprehensive screening and due diligence platform in the industry. Our analysis ranges from essential financial checks to complex analysis such as corporate governance checks and insolvency prediction. We're constantly striving to build new features to help you protect your business from unforseen risks from third parties. You can ask your assigned analyst to include specific data points, and we will enable you meet your requirements.
Q. Can I integrate your screening checks with my ERP?
Yes! We can provide you with API access to our screening plaform which you can use to integrate with your internal systems. We charge an additional one time set-up fee for the API access which includes developer consultation hours.
Q. Can I automate routine screening of my third-parties on SignalX?
Yes! You can maintain your thrid party list on our platform and automate monthly, quaterly or bi annual automated screenings. You will be notified of your reports as and when they are generated.
Q. Do you offer monitoring services?
Yes! You can avail monitoring services in the custom package. This feature enables you to be alerted when a certain signal is detected on your counterparties. You can request our analyst to set up custom signal alerts that meet your requirements.