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Online investigation software
CLEAR for know your vendor
Why it's important to know your vendor
With changing regulations and technologies, it is important to know and trust who you work with is in good standing. You may experience issues currently such as disconnected and inaccurate data, budget and personnel restraints, and restrictive workflows that prevent you from effectively completing your vendor identification program. With Thomson Reuters CLEAR, conduct identity verification, risk analysis, adverse media review and flag vendors for further investigation in minutes instead of hours.
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How it works
Manage front-end risk by leveraging the most current and accurate data with immediate risk insights
Verify vendor identity for accuracy of information, minimize potential for fraud, and meet regulatory requirements while automating your risk analysis. Identify any risk associated with the vendor you are investigating, such as arrests, bankruptcies, sanctions, synthetic identity, and more. Receive a score that immediately identifies if the vendor carries too much risk aligned with your risk tolerances.
Safeguard your organization’s reputation, time and resources
Utilize a defined adverse media screening policy for fraud prevention, with web and news media pertaining to a specific subject while providing a relevancy rating so your organization can be aware of potential risk as it develops. Leverage machine learning AI technology to remove duplicates and/or similar stories and enable your team to easily screen key subjects with feeds from local, regional and national news reports to international news sources, industry sources, and regulatory and law enforcement information.
Easily conduct business due diligence
See key information that indicates level of risk associated with a person or business. Save time by eliminating the need to dig through vast amounts of data by getting a high-level view of risks associated to your subject. These flags provide an additional layer of protection against identity fraud and allow your organization to know when further due diligence investigation is needed.
Features
Always be confident the data you’re referencing is credible and reliable. Only CLEAR allows you to see where the data came from, when it was supplied, and who supplied it.
Real-time credit headers from all three credit agencies, motor vehicle gateways, and incarceration and arrest gateway combined with our powerful phone data puts more live information at your fingertips.
The Company Family Tree feature allows users to easily visualize relationships between parent and subsidiary companies, and principals, (IBO) and to better understand the level of ownership involved.
CLEAR is available in the way you want to work, be it for one off online investigations, large scale batch reviews, or directly inputting public records into your system with an API.
Identify business history and if it’s operating under a DBA or fictitious business name, sales revenue, sales volume, and critical information related to the business for merger and acquisition reasons and more.
The Associate Analytics feature is designed to allow users to quickly scan a list of the subject’s associates for inclusion of OFAC lists, World Check, criminal records, bankruptcy, and more. With these potential risks flagged, you can know exactly who your subject has ties to and investigate accordingly.
Sign up today to receive a free demo of how Thomson Reuters CLEAR investigative solutions can make your organization more efficient while staying in compliance.
Thomson Reuters is not a consumer reporting agency and none of its services or the data contained therein constitute a ‘consumer report’ as such term is defined in the Federal Fair Credit Reporting Act (FCRA), 15 U.S.C. sec. 1681 et seq. The data provided to you may not be used as a factor in consumer debt collection decisioning, establishing a consumer’s eligibility for credit, insurance, employment, government benefits, or housing, or for any other purpose authorized under the FCRA. By accessing one of our services, you agree not to use the service or data for any purpose authorized under the FCRA or in relation to taking an adverse action relating to a consumer application.