Thomson Reuters World-Check API

Website URL: https://www.thomsonreuters.com/en/the-power-of-apis.html

Major Customers: Thomson Reuters World-Check API serves a wide range of customers in the financial services industry, including banks, financial institutions, fintech companies, and regulatory agencies. Some notable customers using Thomson Reuters World-Check API include HSBC, Citibank, JPMorgan Chase, and Barclays.

Fees: Thomson Reuters World-Check API offers flexible pricing plans tailored to the specific needs and usage volumes of customers. Pricing typically depends on factors such as the number of API calls, additional features required, and level of support. Detailed fee information can be obtained by contacting Thomson Reuters directly or through their website.

Features & Integrations:

• Sanctions Screening: Thomson Reuters World-Check API provides comprehensive sanctions screening capabilities, allowing businesses to screen individuals and entities against global sanctions lists, watchlists, and politically exposed persons (PEP) lists.

• Enhanced Due Diligence: Users can conduct enhanced due diligence checks using Thomson Reuters World-Check API's risk intelligence database, which includes adverse media coverage and other relevant information to assess potential risks associated with customers.

• Customizable Workflow: Thomson Reuters World-Check API offers customizable workflows and integration options, enabling businesses to incorporate sanctions screening and due diligence checks into their existing compliance processes and systems.

• Integration with Third-Party Platforms: Thomson Reuters World-Check API seamlessly integrates with various third-party platforms, such as compliance management systems, banking platforms, and risk management software, enabling businesses to enhance their compliance efforts and mitigate financial crime risks.

• Regulatory Compliance Solutions: Thomson Reuters World-Check API helps businesses comply with regulatory requirements, such as AML (Anti-Money Laundering) and CFT (Counter Financing of Terrorism) regulations, by providing comprehensive compliance solutions that enhance risk detection and management.

Advantages of Using Thomson Reuters World-Check API:

1. Comprehensive Data Coverage: Thomson Reuters World-Check API offers access to a vast database of sanctions lists, watchlists, PEP lists, and adverse media coverage, providing comprehensive data coverage to help businesses identify and mitigate financial crime risks.

2. Real-Time Screening: With real-time screening capabilities, Thomson Reuters World-Check API enables businesses to screen individuals and entities against relevant sanctions lists and watchlists instantly, allowing for timely risk assessment and decision-making.

3. Customizable Workflow: Thomson Reuters World-Check API offers customizable workflows and integration options, allowing businesses to tailor their compliance processes to meet their specific needs and requirements.

4. Seamless Integration: Thomson Reuters World-Check API seamlessly integrates with third-party platforms and applications, making it easy for businesses to incorporate sanctions screening and due diligence checks into their existing workflows and systems.

5. Regulatory Compliance: Thomson Reuters World-Check API helps businesses comply with AML and CFT regulations, as well as other regulatory requirements related to sanctions screening and due diligence checks, reducing the risk of non-compliance penalties and legal consequences.

For additional information, explore these resources:

• Thomson Reuters World-Check API Documentation: https://developers.lseg.com/en/api-catalog/customer-and-third-party-screening/world-check-one-api/documentation

• Thomson Reuters World-Check API Blog: https://rapidapi.com/blog/directory/thomson-reuters-world-check-one/

• Thomson Reuters World-Check API Support: https://www.thomsonreuters.com/en-us/help.html