CDD On Demand

Customer Due Diligence on demand, log in, search and download an extensive CDD document

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User testimonials

Just like many other financial service providers, tax advisers are also obligated by the government to prevent money laundering and terrorist financing. These laws and regulations are not always easy and that also applies for the implementation. As a small specialized office, I want to be able to devote my time mainly to the substantive advisory work for my clients, which is why it is very useful for me as an entrepreneur that SCOPE offers the CDD On Demand service, in which I can check my clients in a limited amount of time and for an attractive rate. In the case of an audit by a financial supervisor or my professional organization, I have a certified report of the carried out CDD check in my client file

The reason that OVG has chosen SCOPE CDD on Demand service is because it is a very low-threshold service that ensures that every asset manager can check its own customers and new customers in an efficient and simple manner. The Compliance department can also supervise the implementation, the periodic updates and that the checks is done in a consistent manner. This offers OVG asset management more certainty and an additional external risk assessment of new clients in a cost-friendly manner

SCOPE CDD On Demand is a tool to screen clients thoroughly and continuously. Because of the user-friendliness of the software, I chose to use SCOPE CDD On Demand. As a result, I save a lot of time and I have a full report of the CDD check for all my clients in case a financial supervisor does an audit. While checking the first clients, results immediately emerged such as a PEP. This ensures that during the next conversation you ask all the necessary extra questions to minimize your risk in case of doing business with this client.

Customer Due Diligence checks On Demand

The CDD On Demand solution from SCOPE FinTech Solutions is a solution that supports you in performing an extensive and traceable CDD check. The CDD On Demand solution automatically requests data from various sources about the person or company you entered. The person / company is checked on six different point ranging from PEP and sanction lists to insolvency registers. For this we use, among other things, the very extensive database of Company.info.

After a search you will always receive a certified report with information about the CDD investigation that was performed for your administration and the information is recorded in a database.

On this website you can purchase credits which you can use to search for a person or company, check the results and download a report for your administration (including the components checked). If the person you are looking for is found in the CDD database, this report includes the following information: an overview of the components checked and full details such as aliases, sanctions, functions and documents.

Who is CDD on demand for?

There are certain institutions that need to comply with the AMLD (Anti-Money Laundering Directives). These institutions may include accountants, administrative offices and tax advisors. The AMLD also imposes obligations on notaries and lawyers if they perform certain activities.

CDD On Demand is designed for all institutions that need to check people or companies in the context of the AMLD simple, quick and affordable without committing to extensive contracts or the need to install expensive software.

You only need to purchase a number of credits to use the service.

What is CDD?

CDD is a crucial part of ethical business management. An important step is checking people for sanctions, being listed on Politically Exposed Person (PEP) databases, negative publicity and other negative issues. With the CDD On Demand solution from SCOPE FinTech you can check natural persons quickly and easily on the points mentioned.

This prevents that companies are - indirectly - doing business with criminal organizations, terrorist organizations or cooperating in money laundering practices.

Which elements does the CDD check include

A CDD check starts with investigating and verifying the identity of a customer. Once this has been established, an investigation will be carried out into the UBO (i.e. who is the ultimate beneficial owner). With the SCOPE FinTech CDD On Demand solution the following elements will be investigated:

Whether this person has been declared incompetent as a director or whether a company has an incapacitated director

Whether this person or company is under the supervision of a law enforcement agency

Whether there is negative publicity about this person or company

Whether this person or company is considered a politically exposed person (PEP)

Whether sanctions are or were in force against this person or company at any time

Whether this person or company is under the supervision of a financial regulatory authority

Whether this person has been declared incompetent as a director or whether a company has an incapacitated director

Whether this person or company is under the supervision of a law enforcement agency

Whether there is negative publicity about this person or company

Whether this person or company is under the supervision of a financial regulatory authority

Whether this person or company is considered a politically exposed person (PEP)

Whether sanctions are or were in force against this person or company at any time

Contact us

Disclaimer SCOPE Fintech Solutions strives to ensure that the available data in the CDD on Demand is up-to-date, complete and factually correct. However, by using this service you accept that inaccuracies and / or omissions cannot be completely excluded and that SCOPE Fintech Solutions is in no way liable for such inaccuracies and / or omissions.

Contact Information

+31 (0) 23 517 9200

info@scope.nl

Wijkermeerstraat 5, 2131 HB in Hoofddorp

Monday to Friday from 9 a.m. to 5 p.m.

Except for Holidays