RelyComply Partners with LSEG Risk Intelligence to Integrate World-Check On Demand

Quick Summary

RelyComply has partnered with LSEG Risk Intelligence to integrate World-Check On Demand into its financial crime compliance platform. This integration provides global financial institutions with real-time access to sanctions, PEPs, and adverse media data, streamlining customer onboarding, screening, and ongoing monitoring through an AI-driven, API-first architecture.

How Does the RelyComply and LSEG Partnership Improve Compliance?

Financial crime compliance is enhanced by embedding LSEG World-Check On Demand directly into the RelyComply platform. This allows compliance teams to access structured, machine-readable risk intelligence in real time. By integrating this data into a single AI-driven system, the solution supports:

• Real-time screening for sanctions and politically exposed persons (PEPs).
• Access to adverse media and enforcement information.
• Automated identity verification and enhanced due diligence.
• Ongoing monitoring workflows within existing compliance processes.

What Challenges Does World-Check On Demand Address?

The integration targets the operational burden of false positives in AML programmes, which often consume resources that should be focused on genuine risks. As regulatory expectations from bodies like the Financial Action Task Force (FATF) rise, financial institutions must manage higher volumes of alerts without necessarily increasing headcount. RelyComply solves this by combining explainable AI-driven capabilities with LSEG's trusted intelligence, helping teams operationalise data rather than just collecting it. This approach is particularly relevant for institutions in South Africa and the United Kingdom facing evolving KYC and counter-terrorist financing requirements.

How Does Explainable AI Support Risk Management?

Regulators are increasingly demanding evidence of effectiveness in compliance technology. Brad Elliott, CEO of RelyComply, notes that the focus has shifted from data access to measurable outcomes. The platform uses explainable AI to help compliance teams demonstrate effective onboarding and due diligence. While the technology streamlines investigation workflows, the final risk assessment and decision-making remain with the financial institutions, ensuring they maintain control over their specific risk appetite and regulatory obligations.

FF NEWS TAKE:

This partnership moves the needle by bridging the gap between massive risk datasets and actionable compliance workflows. By integrating LSEG World-Check On Demand into an AI-first platform, RelyComply addresses the industry's shift from data accumulation to data operationalisation. For institutions in high-pressure markets like South Africa and the UK, the ability to reduce the burden of false positives while meeting FATF recommendations is a significant operational advantage.