Signicat Ongoing Monitoring is a cloud-based service that enables organizations to continuously track changes in customer identity and risk profiles. By leveraging national and commercial registries, the platform delivers real-time updates on individuals’ identifying data, helping businesses maintain compliance, manage risk, and spot critical changes—such as new politically exposed person (PEP) status or signs of money laundering. The solution is accessible via a developer-friendly API, allowing for seamless integration into existing workflows and systems.

Key Features

Continuous Identity Monitoring Automated tracking of changes in customer data.

• Monitors customer data through national and commercial registries.
• Detects updates to personal information, risk status, and compliance flags.

Comprehensive Data Sources Access to a wide range of reliable registries and databases.

• Integrates with sources like Experian, Equifax, LexisNexis, Refinitiv, and more.
• Ensures up-to-date and trustworthy information for decision-making.

Risk Assessment Automation Automates ongoing due diligence and risk evaluation.

• Identifies changes in risk, such as PEP status or potential money laundering.
• Supports regulatory compliance (e.g., AML, KYC).

Developer-Friendly API Easy integration and automation for technical teams.

• Provides quick start guides, test data, and a developer dashboard.
• Enables periodic updates and regular checks via API.

Benefits

Real-Time Compliance Ensures organizations stay compliant with regulatory requirements.

• Immediate detection of changes in customer status.
• Reduces manual compliance workload.

Reduced Risk Exposure Minimizes potential financial and reputational risks.

• Early identification of high-risk customers.
• Supports proactive risk management strategies.

Operational Efficiency Streamlines ongoing due diligence processes.

• Automates repetitive monitoring tasks.
• Allows teams to focus on exceptions and high-value activities.