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Financial crime

Adverse Media Screening

Access quality controlled, relevant pre- and post-conviction adverse media information from reliable sources on individuals and entities starting from the earliest indication of potential risk through to any conviction. 

Adverse media screening forms a crucial part of customer or third-party due diligence processes to uncover risks indicating a party’s potential involvement in alleged criminal activity which could give rise to financial, reputational or other types of risks to your business.

What is adverse media?

Adverse media, or negative news, is unfavourable news or information that can be found in multiple reference sources. It is is generally considered to include allegations published by news sources and other publications that report on convictions for, or alleged involvement in, money-laundering, corruption, sanctions exposure, threat financing or other unlawful activity.

Ensuring your organization has access to quality adverse media content, both structured and unstructured, is essential to being able to identify potential risks and make informed decisions during onboarding and on-going monitoring in order to comply with laws and regulations and drive your business forward with confidence.

What are the common challenges?

Variety and credibility of news sources

Risk information can be found within press releases and notices published by law enforcement agencies, tax authorities, and other government agencies, which may not always be found in searches of the free web news. There is a challenge in evaluating whether the sources are reputable; and whether the sources include a mere allegation rather than reporting on a formal investigation or conviction.  

Volume of news

In the digital age, there is no shortage of available news, but the sheer volume of information to be searched and analysed can be overwhelming and it is often difficult, despite thorough efforts, to separate relevant news from noise.  

Matching capabilities

Traditional media screening systems can often suffer from limited matching capabilities.

Varying definitions of Adverse Media

Adverse media definitions and risk screening requirements can vary between countries and organizations based on national legislation, industry, policies and other factors.  The scope of some organizations’ compliance programmes goes further and considers various reputational factors, or wider issues like trafficking, and Environmental, Social and Governance (ESG) matters as part of their adverse media screening programmes. 

Our solution

Find the clear signal in the noise

Look to Refinitiv to identify the solutions that will help you manage potentially adverse media in line with your compliance obligations and in-house policies:

  • Our World-Check Risk Intelligence data includes “structured” adverse media, displayed within the database in our highly structured format helping you identify entities and individuals reported in the reputable media as being accused/questioned/investigated/arrested/charged or convicted of specific offences that World-Check monitors. 
  • We also tackle the challenge of dealing with large amounts of “unstructured” media content with the use of our World-Check One Media Check. This screening tool is highly customizable and uses intelligent tagging and natural language processing to improve efficiency and relevancy of returned search results.
  • Get assurance of quality, structured, vetted adverse media information, in addition to sanctions, law enforcement, regulatory enforcement and official government sources, we use reputable media sources in line with our strict inclusion criteria and guidelines. 
  • Have the ability to choose which records to screen against pursuant to your own policies, procedures and risk-based approach - by setting parameters to filter via secondary identifiers, keywords, categories, sub-categories, location and more.

 

Benefits

Why our adverse media screening is used worldwide

Flexible solutions

We ensure a range of convenient and varied delivery methods for our data, including data feeds, API's and our flagship risk platform World-check One.

Latest technology advances

We utilise advanced AI capabilities to help pinpoint information that is most important to you, helping you filter out the noise.

A trusted provider

We have been delivering timely and accurate adverse media data for over two decades and is used by the world’s largest financial institutions and companies.

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Connect with our specialists

Our specialists will tailor an adverse media screening solution to help solve your specific needs.