The need for screening services is increasing rapidly. Whether it concerns an employee, a tenant or even a volunteer, the harm that a screening 'mismatch' can be enormous. The prior verification of specific, relevant data helps to better map out certain risks before working together with someone. These screenings are all based on the same process for companies, landlords and foundations alike. However, they were seen as a time-consuming non-core processes. Therefore, Validata came to Finaps with the question: How can we build a fully automatic screening engine to automise the screening process of any organisation?
Business Need: The need for screening services is increasing rapidly. Whether it concerns an employee, a tenant or even a volunteer, the harm that a screening 'mismatch' can be enormous. The prior verification of specific, relevant data helps to better map out certain risks before working together with someone. These screenings are all based on the same process for companies, landlords and foundations alike. However, they were seen as a time-consuming non-core processes. Therefore, Validata came to Finaps with the question: How can we build a fully automatic screening engine to automise the screening process of any organisation?
Solution: Validata group has a leading, fully automated, screening engine that is integrated with third party data suppliers.
Results: By automating the screening process in an innovative manner, Validata Group's clients are ensured of a transparent, digital process which meets all the demands in the compliance field. Clients are completely catered to as they receive compliant screening reports within a short elapse time.