Compliance Solutions

Our Packages

SILVER

  • 3rd Party Compliance Screening And Monitoring

GOLD

  • 3rd Party Compliance Screening And Monitoring
  • Contract Management
  • Anti-Bribery And Corruption Compliance
  • Anti-Money Laundering And KYC Assistance
  • Data Privacy Compliance
  • Specialized Regulations Compliance
  • Whistle blowing Investigations

PLATINUM

  • Building Up Of Entire Compliance Program as per Organization Operations
  • Policy Drafting And Formation
  • 3rd Party Compliance Screening And Monitoring
  • Contract Management
  • Anti-Bribery And Corruption Compliance
  • Anti-Money Laundering And KYC Assistance
  • Data Privacy Compliance
  • Specialized Regulations Compliance
  • Whistle blowing Investigations
  • Annual Compliance Program Assessment
  • Continuous Monitoring

Why Is It Important?

Compliance solution makes sure that your reputation as a company doesn’t diminish just because of some minor lack of understanding of the rules or simply negligence.

Compliance includes a bunch of processes, used by the organization to ensure that their employees are abiding by the external & internal rules of conduct.

EDGE Convergence

Compliance Screening and Monitoring is an essential compliance function carried out in businesses that operate in heavily regulated sectors of the economy like finance. In the banking and financial services industry, businesses need to ensure compliance because non-compliance can result in heavy penalties, reputational losses, and even the loss of control over the business.

The Compliance Screening and Monitoring solutions from EDGE Diligence will give you access to global risk, compliance, and sanctions lists to identify potential areas of concern and make timely business decisions. Gain additional insight into your business partners to ensure that your organization has a full view of third-party risk. Run a one-time screening on-demand or schedule ongoing monitoring on one or all of your third-party partners

EDGE Compliance Screening and Monitoring solutions cover the following:

  • Over 900 risk, compliance, and sanctions list.
  • Office of Foreign Assets Control (OFAC).
  • Politically Exposed Persons (PEPs).
  • State-Owned Enterprises (SOE’s).
  • Specially Designated Nationals (SDN).
  • Adverse media.
  • Potential conflicts of interest.
  • Modern Slavery Violators database, etc.

Anti-Bribery and Corruption Compliance

Anti-Bribery and Corruption Compliance is a zero-tolerance approach to bribery and corruption. It establishes the principles concerning applicable Anti-Bribery and Anti-Corruption laws and also provides information and guidance on how to recognize and deal with bribery and corruption issues. Anti-Bribery and Corruption Compliance guides to act professionally, fairly and with the utmost integrity in all business dealings and relationships, wherever a business operates.

EDGE Anti-Bribery and Corruption (ABAC) solution helps safeguard your organization. Real-time information, the gold standard of ABAC questionnaires, and a trusted single version of the truth give you a top-down, enterprise-wide view of your anti-bribery and corruption risk landscape. EDGE Anti-Bribery and Corruption (ABAC) solution covers a variety of things, some of them are as follows:

  • End-to-end third-party management.
  • A questionnaire management tool featuring best practice ABAC questionnaires with historical results based on past responses.
  • Contract management.
  • Report automation.
  • Industry-leading data security.
  • Consolidated data.
  • Easy tracking of responses, and many others.

Anti-Money Laundering and KYC Assistance

Anti-money laundering compliance is the process of background screening and ongoing monitoring of customers to identify and eliminate any efforts of money laundering. The customer is screened against global watch lists, sanctions, and PEPs lists. AML screening is a part of KYC verification and is mandatory for several industries.

EDGE Anti-Money Laundering and KYC Assistance helps ensure critical customer information is captured efficiently and accurately to meet KYC requirements such as customer due diligence and enhanced due diligence during the complete customer life cycle. Anti-Money Laundering and KYC Assistance solutions enable organizations to identify unusual behavior that could indicate money laundering, tax evasion, and fraud.

The basic processes in a good Anti-Money Laundering and KYC Assistance solutions include:

  • Internal operations regulations.
  • User vetting and processing policies.
  • Account reviews and reconciliations.
  • Transaction monitoring and detection.
  • Reporting protocol in case of illegal financial activity.

Data Privacy Compliance

Data Privacy Compliance provides solid administrative, technical, and physical security safeguards to ensure confidentiality, integrity, and availability of data to organizations. This includes the effective ability to detect and prevent unauthorized or inappropriate access to data. Information security must constantly be assessed, monitored, and updated to meet new threats. Data sharing must also have a strict set of controls and policies. Data Privacy Compliance mainly revolved around two (02) main data security compliance:

  •  Information Security Assessment and Monitoring is done to maintain ongoing awareness of information security, vulnerabilities, and threats to support organizational risk management decisions.
  • Data Classification, Privacy, and Protection Compliance is a critical part of any information security and compliance program. It involves identifying the types of data that an organization stores and processes, and the sensitivity of that data, based on sets of rules to ensure confidentiality, integrity, and availability.

Organizations that go beyond simple regulatory compliance can build trust with customers and stand out from competitors. EDGE Data Privacy Compliance solutions help you to deliver trusted customer experiences and to grow your business with a holistic, adaptive approach to data privacy based on zero trust principles and proven data privacy protection. Any data that could be sensitive or can be used maliciously by someone is included when considering Data Privacy Compliance. These data types include the following:

  • Online Privacy during online interactions.
  • Financial Privacy is shared online or offline.
  • Medical Privacy related to medical treatment and history.
  • Residential and geographic records sharing online.
  • Data Privacy Compliance provides solid administrative, technical, and physical security safeguards to ensure confidentiality, integrity, and availability of data to organizations. This includes the effective ability to detect and prevent unauthorized or inappropriate access to data. Information security must constantly be assessed, monitored, and updated to meet new threats. Data sharing must also have a strict set of controls and policies. Data Privacy Compliance mainly revolved around two (02) main data security compliance.
  • Information Security Assessment and Monitoring is done to maintain ongoing awareness of information security, vulnerabilities, and threats to support organizational risk management decisions.

Data Classification, Privacy, and Protection Compliance is a critical part of any information security and compliance program. It involves identifying the types of data that an organization stores and processes, and the sensitivity of that data, based on sets of rules to ensure confidentiality, integrity, and availability. Organizations that go beyond simple regulatory compliance can build trust with customers and stand out from competitors. EDGE Data Privacy Compliance solutions help you to deliver trusted customer experiences and to grow your business with a holistic, adaptive approach to data privacy based on zero trust principles and proven data privacy protection. Any data that could be sensitive or can be used maliciously by someone is included when considering Data Privacy Compliance. These data types include the following:

  • Online Privacy during online interactions.
  • Financial Privacy shared online or offline.
  • Medical Privacy related to medical treatment and history.
  • Residential and geographic records sharing online.
  • Political Privacy.

Specialized Regulations Compliance

Specialized Regulations Compliance Solution enables an integrated approach in managing regulatory obligations governing the business. Regulatory compliance is an organization’s adherence to laws, regulations, guidelines, and specifications relevant to its business processes. Violations of regulatory compliance often result in legal punishment, including federal fines. Examples of regulatory compliance laws and regulations include:

Through discreet source inquiries, EDGE provides deeper color and context to Individual(s) or business(s) industry reputation, past performance, and any risk issues associated with them. Human Intelligence (HUMINT) adds significant value when Individual(s) or business(s) operates in a jurisdiction or industry with a high risk of corruption or other risk issues, such as modern slavery, environmental violations, and opaque public records. The core features of EDGE’s Human Intelligence (HUMINT) includes:

  • The General Data Protection Regulation (GDPR)
  • Foreign Corrupt Practices Act (FCPA)
  • Fair Credit Reporting Act (FCRA)
  • Others

EDGE Diligence provides a regulatory compliance solution that will help organizations manage risk and ensure compliance throughout the enterprise. EDGE Diligence Regulatory Compliance Solution helps you stay primed on the complex web of regulatory obligations governing the business while also implementing measures, processes, and policies to sustain compliance. EDGE Specialized Regulations Compliance covers various regulatory solutions, some of them are as follows:

  • Manage compliance assessment programs effectively to ensure that controls and related activities are designed to meet regulatory requirements.
  • Policy and Document Management.
  • Regulatory Change Management.
  • Regulatory Engagement Management.

Contract Compliance Services

Contract compliance involves periodic reviews of existing contracts that may require contract holders and grant recipients to provide information about their hiring practices and overall workforce makeup. Contract compliance helps to provide guidance and insight into procurement processes and helps to achieve savings through better negotiations with suppliers, distributors, and licenses.

EDGE Diligence delivers Contract Compliance Services through dedicated client service teams comprised of local, national and global advisers. Our team’s experience working through complex agreements, assessing large datasets, and navigating through sensitive situations and key business partner relationships let us deliver value to our clients and enhance transparency in their third-party relationships no matter where they’re located across the globe. EDGE Diligence entertains the following areas of Contract Compliance Services:

  • Licensing Compliance.
  • Supplier Onboarding & Due Diligence.
  • Suppliers Contract and Agreements.
  • Contract Enforcements with Suppliers.

EDGE Contract Compliance Services helps with:

  • Deep industry experience — improving revenue or reducing costs as well as resolving complex relationship and contracting issues.
  • Understanding of partner relationships — we work in a non-adversarial way to help business partners understand the terms of their agreements.
  • Objectivity and confidentiality — giving reassurance to the third party in a review.
  •  An established methodology and approach enable us to focus on your specific environment.
  • Global reach — through the network of member firms we can provide contract compliance professionals worldwide.

Whistleblowing & Investigations

EDGE Diligence has implemented a whistleblowing process to encourage and facilitate the reporting of any concerns in regards to the integrity of a benchmark and the process for submitting data, administering, calculating, and publishing a benchmark. This applies both internally to EDGE Diligence and EDGE employees, as well as persons outside of EDGE Diligence who have any concerns or suspicions about the accuracy of data or the behavior of any person/party connected to the publication and use of benchmark data. Any serious concerns that you have about service provision or the conduct of officers or members of EDGE Diligence or others acting on behalf of EDGE Diligence that:

  • Make you feel uncomfortable in terms of known standards.
  • Fall below established standards of practice; or are improper behavior.

These might relate to:

  • Conduct which is an offense or a breach of the law (A criminal offense has been committed or failing to comply with any other legal obligation).
  • Disclosures related to miscarriages of justice.
  • Racial, Sexual, Physical disability, or other discrimination.
  • Health and safety of the public and/or other employees.
  • Damage to the environment.
  • Unauthorized use of public funds or other assets.
  • Possible fraud and corruption.
  • Neglect or abuse of clients; or other unethical conduct.

Reliable & Safe​

Data Privacy

We develop sound data security policies and respect privacy, in both financial and reputational pools.

Corruption intolerance

We’re intolerant of corruption. Big mistakes can be dealt with, but the corruption of any acreage can’t be tolerated.

Legal Imposition

Knowing your legal options, and things you’re abided to do which keeps you secure are necessary.

Better Reputation

Minimize your reputational risk, working along with us by imposing ITGS compliance solutions in your organization.