Risk & Compliance

Risk & Compliance

Back Check Tech Cloud Technology has been a leading technology solution provider in Risk Management Industry. Our main focus is to develop strategic long-term relation with our clients. Our dedication to long-term partnership with our clients has allowed us to help many leading Risk Management organizations meet their complex technological needs. We have developed numerous workflow applications, hosted and managed huge databases and automating operational processes for different industry segments such as background screening, due diligence, compliance and anti-corruption etc.

Risk & Compliance

Success Stories

Challenges

Ethics 360 is one of the largest providers of Risk Management and Due Diligence services in Asia. Initially, the company was manually running their due diligence operations, they needed to automate the whole due diligence process from start to finish. As their employees, vendors, partners and clients are present at multiple locations, so there was a need of a fully automated research system for supervising and managing all resources from a single dashboard.


Solution

We assessed the requirements for automated information architecture of their due diligence system. After assessing the requirements, we developed an effective workflow system that fully automated their end-to-end due diligence operations and removed all the manual hassles for them. This system is a complete web based solution which can be accessed easily from web browsers and smartphones.


Result

  • Using the web based solution provided by Back Check Tech, company is now managing all stakeholders effectively from a single platform
  • Management effectively monitors all the work progress using this system
  • Through this system, employees and vendors directly put their work which then automatically compiles in a report format
  • Auto generation of due diligence reports for clients in PDF format

Challenges

Cross Check 360- one of the leading compliance and risk database providers needed a web portal for storing millions of risk data. For providing their clients with extremely accurate database results they needed a user-friendly search engine. They wanted to create payment module per research report that client wants to download.


Solution

We worked closely with crosscheck and developed an online portal; we connected this online portal with risk & compliance records database. For providing fast as well as accurate search results we created a search algorithm.


Result

  • Cross Check 360 now have a user-friendly web portal with online subscription module
  • Intelligent search pattern that brings accurate search results quickly
  • Payment module through which users can make online payments for the reports
  • The web portal developed and deployed by Back Check Tech has an ability to convert search results into a comprehensive downloadable report into different formats

Challenges

A leading risk management company of Singapore- EthiXbase needed a web-based vendor on-boarding system for third party compliance services. When they started their operations, they did not have a proper system for managing B2B, B2C and vertical requests of verifying the background of their vendors for anti-corruption compliance. They wanted to have a complete process flow where vendor could sign-up and automatically run the whole background screening process.


Solution

We assisted EthiXbase team in developing an automated vendor onboarding framework for catering the needs of third party anti-corruption compliance for their clients in every industry


Result

  • A full featured vendor compliance system linked with an international background screening database
  • Interpretation of feeds from US Department of Justice (DOJ) and Securities and Exchange Commission (SEC) that save directly within risk database, in searchable format