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Solution

Transform your High Value Dealer Compliance Checks with Automation

Due diligence for High Value Dealers requires multiple disparate data sources and is incredibly time-consuming when done manually. Our solution offers a single source of intelligence, aggregating all your data sources and saving 85% of your analysts’ time.

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Existing manual High Value Dealer processes are time-consuming and expensive

Manual processes unsustainable

The complexity of investigations is also increasing with businesses reporting needing 8 or more data sources to feel assured they have done the appropriate level of due diligence. Manually aggregating multiple data sources takes much longer, and has greater error, impacting compliance accuracy and may result in losing customers.

Only limited automation available

While some automation solutions exist for compliance, they invariably only include that business’ proprietary data, meaning your team still, if additional data is necessary, have to resort to time-consuming manual integration.

 

Super charge your High Value Dealer checks with data agnostic automation

Scout® takes a data agnostic approach, aggregating across all your chosen data sources as one to optimise operational efficiency across multiple data sources and making it easier to meet compliance requirements.

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Save 85% of your team’s time

Get reports in seconds

Key Benefits

True single intelligence environment for high value dealer EDD checks with Synalogik, commercial, consented, open source and internal data, significantly saving time and reducing costs.

Find more risk, carry out checks faster, and more thoroughly investigate more datasets to better meet compliance needs.

As well as Synalogik data, out-of-the box integrations include GB Group, LexisNexis, CreditSafe, Companies House, open source intelligence, and credit reference agencies.

Search and risk assessment workflows that collate and analyse across your data sources, along with visualisation of links, make it much easier to discover hidden connections and risk.

Standardised, concise reports with all sources referenced enable your analysts to make better decisions and better meet compliance standards if audited.

Automation of cross referencing and drawing links across disparate datasets reduces the errors that can occur when doing this manually and improve accuracy.

The generation of high value dealer compliance reports in less than sixty seconds allows you to make decisions quicker and improve your customer experience.

Scout® overcomes the problem of returning too many results from open source searches with tools to create highly targeted automated searches around keywords, proximity, time-frame and document type.

Scout® is already delivering significant enhanced due diligence R.O.I gains for compliance teams across retail, banking, gaming and other sectors.

Learn How Scout® Works

Our Clients

Testimonials

“In my experience using and reviewing compliance tools, Scout® is the best I’ve come across in the industry”
Claire Farrugia
Head of Compliance –
Transact Payments Limited
“Synalogik have quickly grasped our requirements and worked with us at pace to meet all of our corporate governance steps”
Gavin Coull
Enterprise Fraud & Authentication Strategy Lead –
NatWest Group

Case Study

Scout® Automates the Investigation of Modern Slavery in a Potential Supply Chain Agreement

Learn how Scout® helped HCR Law carry out an enhanced due diligence investigation into a third party supplier, delivering results in minutes rather than days.

Read the Case Study

Blog

The Ultimate Enhanced Due Diligence Best Practices Checklist for High Risk Customers: KYC, AML and Fraud

In this best practice guide, we look at what enhanced due diligence is, when it needs to be done, and best practice for cost-effectively carrying out enhanced due diligence whilst ensuring the maximum level of effectiveness and cost-efficiency.

Learn More

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