In an increasingly global market, companies are faced with a world of opportunity. Access to accurate and detailed data, however, can stand in the way of achieving your goals for growth and expansion. Furthermore, concerns related to Anti-Bribery, Anti-Corruption (“ABAC”), Anti-Money Laundering (“AML”), and sanctions compliance can leave organizations feeling powerless and vulnerable in the face of growing regulatory requirements.
With Lumina’s International Operations Compliance Solution, you have access to the data you need to grow your network quickly without bringing on damaging liability. Lumina’s International Operations Compliance Suite grants access to three of our most powerful correlation databases:
Lumina’s Politically Exposed Persons (“PEP”)1 Database, which includes intelligence on Politically Exposed Persons and PEP affiliates from 243 countries and territories across the globe;
Lumina’s Anti-Bribery, Anti-Corruption (“ABAC”) Database, which includes case data for every case ever filed under the Foreign Corrupt Practices Act (“FCPA”) or U.K. Bribery Act of 2010. This Database includes all Defendants, Plaintiffs, Attorneys, allegations, and verdicts for each case.
Lumina’s Debarment & Exclusion (“D&E”) Database, which includes 136 debarment, exclusion, and sanctions lists, issued at the state, federal, and international level.
Lumina will enable your firm to correlate the names of current and prospective employees, vendors, and customers against the International Operations Compliance suite for a full assessment of ABAC, AML, and sanctions risk across your organization. These databases are updated continuously and in real time, ensuring the best possible risk mitigation. Clients receive real time alerts for fast, targeted risk elimination. With Lumina’s intelligence reporting, clients gain a comprehensive view of their organizational risk profile and actionable intelligence for ongoing improvement of enterprise-wide compliance.
Lumina’s International Operations Compliance Databases amass all publicly-available data related to PEP, ABAC, and D&E compliance risk, ensuring the best possible risk mitigation.
Lumina Databases update in real time, providing clients with the most relevant and timely information.
Lumina Correlation Reports and Ecosystem Intelligence Reports provide detailed profiles of individuals and entities flagged within Lumina’s risk identification databases. Furthermore, reports provide relationship maps for enhanced understanding of how flagged organizations and individuals are connected to and involved in your organization.
Protect your sensitive data. Lumina asks that you simply provide the names of individuals and entities within your network. Our machine learning algorithms will not only check for the names submitted, but will further screen for nicknames and other possible name variations. Our Artificial Intelligence and trained Intelligence Analysts process results without the need for social security numbers, addresses, or other sensitive data points.
All Lumina reports are drafted in compliance with the Fair Credit Reporting Act (“FCRA”).
All Lumina reports and correlation results will be archived in your secure Lumina24/7 client portal. Our data dashboards and reports allow for easy risk monitoring and provide you with actionable intelligence for enhanced company-wide risk management. Lumina24/7 is a fully auditable platform that tracks every step of analysis from the moment a name enters the system.
Lumina can run names through its risk identification databases continuously, ensuring no risk goes unnoticed as new data is integrated daily. Lumina will issue real time alerts as risk is identified. Alternatively, you can choose to run correlations annually, quarterly, monthly, weekly, daily, or on an ad hoc basis, depending on your preference or need.
Run the names of individuals and entities within your network against all three International Operations Compliance Databases or scale your selection up or down depending on your organization’s needs and operations. It’s a quick and simple process.
If preferred, Lumina clients can push correlation costs to vendors. Lumina will work directly with your vendors to gather relevant names for correlation and will issue reporting to you and to your vendors.
“We used a Lumina competitor—an industry giant - for many years to support our vendor due diligence efforts. Their reporting does not even scratch the surface of a Lumina report. Lumina is the real deal when it comes to ABAC risk management.”
“Lumina has streamlined our diligence efforts for prospective employees and clients, which is very important as we have recently expanded our business into China and southeast Asia…Try their service! You won’t be disappointed.”