Source of funds and wealth
Capture and assess evidence of where a customer's funds and wealth originate, so higher-risk relationships are supported by documented reasoning rather than assumption.
High-risk customer review
Enhanced Due Diligence (EDD)
Run deeper investigation on high-risk customers and PEPs, covering source of funds and wealth, adverse media, ownership, a documented risk rationale, and scheduled review.
Last updated
What this covers
- Source of funds and wealth review
- Adverse media deep-dive
- Ownership and control analysis
- Documented risk rationale
- Scheduled periodic review
Screening in production for
How it works
Enhanced Due Diligence (EDD), end to end.
Trigger
High-risk customers and PEPs are routed into enhanced due diligence automatically from your risk rules.
Investigate
Pull source of wealth and funds, adverse-media findings, and ownership into a single deeper review.
Document
Record the risk rationale and decision, and schedule the periodic review the relationship requires.
The real problem
Enhanced due diligence has to stop somewhere, defensibly.
EDD has no natural end. There is always another source to check, another relationship to trace, and no investigator wants to be the one who stopped a step too early. What a supervisor asks afterwards is not how much was gathered but why this was enough — and that question is answered by a recorded rationale, not by volume.
Enhanced due diligence for PEPs, jurisdictions and complex risk- Source of funds and source of wealth are handled as separate questions, because they are
- The risk rationale is written down at the time, not reconstructed during a review
- Review is scheduled against the risk rating rather than left to whoever remembers
- The evidence considered stays attached to the decision it supported
Capabilities
What you get.
Adverse media deep-dive
Go beyond the standard scan with broader, category-based media review on high-risk subjects, so relevant negative coverage is examined in detail and recorded.
Ownership and control
For entities and PEPs, examine ownership, associates, and connected parties to understand who is really behind the relationship and where secondary risk sits.
Documented risk rationale
Record the findings, the analyst's assessment, and the approval decision, giving you a defensible rationale for onboarding or continuing a high-risk relationship.
Scheduled review
Set higher-risk customers for more frequent periodic review, so EDD is refreshed on a schedule rather than left static after onboarding.
Scope
What you can screen.
- Politically exposed persons (PEPs)
- High-risk customers and entities
- Complex or opaque ownership structures
- Source of funds and wealth
- High-risk jurisdictions and sectors
- 1,000+
- Global watchlists screened
- <1s
- Average screening response
- 24h
- Watchlist refresh cycle
- 195
- Countries covered
Assurance
What your security review will ask for.
- 99.98%
- System uptime
- <24h
- Average integration time
- 24–48h
- Signed to production account
- <1s
- Average screening response
ISO/IEC 27001:2022Information security management, independently audited.
ISO/IEC 27701:2019Privacy information management, extending ISO 27001.
GDPRPersonal data handled to EU standards, wherever you operate.
DORAOperational resilience for EU financial entities and their vendors.
Questions
Common questions.
When is enhanced due diligence triggered?
EDD is triggered automatically from your risk rules whenever a customer meets a high-risk condition, such as being a PEP, sitting in a high-risk jurisdiction or sector, or holding a complex ownership structure. You set the thresholds; MemberCheck routes matching cases into the deeper review.
What does an EDD review include?
A single case brings together source of wealth and funds, a broader adverse-media deep-dive, and ownership and connected-party analysis, alongside the analyst's assessment and approval decision.
Does it cover source of funds and wealth?
Yes. You capture and assess evidence of where a customer's funds and wealth originate and attach it to the case, so the decision to onboard or continue rests on documented reasoning rather than assumption.
How are periodic reviews handled?
High-risk customers can be placed on a more frequent review cycle, so their enhanced due diligence is refreshed on schedule and the rationale, findings, and sign-off stay current.
See MemberCheck in action.
A short walkthrough of screening, verification and ongoing monitoring in one platform, set to the thresholds and jurisdictions your programme actually uses.