Automatically Refresh Subjects on a Quarterly, Semi-Annual or Annual Basis

Vcheck Global’s Diligence Refresh Program offers continuous peace of mind over the relationship lifecycle without costly ad hoc diligence updates.

In our fast-paced world, risk profiles can change rapidly and introduce organizations to new, unforeseen liabilities. Aside from being a best practice per regulatory guidelines, a perpetual view of risk is also an important tool in managing the shifting risk environment surrounding your entire portfolio.

Our Diligence Refresh Program provides prescheduled, automatic refresh reports that flag new risks that can develop over time, while substantially reducing the cost of keeping your finger on the pulse of your portfolio risk.

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Average Savings

45%

Maximum Savings

77%

There are a wide variety of subject types and reasons to have an ongoing refresh program for your business:

Perpetual KYC

Stay informed about how regulatory, financial, litigation and AML/Fraud risk of your onboarded customers change over the customer lifecycle. Diligence done only once at onboarding is no longer enough in today’s changing global environment.

Third-Party Due Diligence

Improve visibility of changing risk factors across your portfolio of vendors and suppliers, particularly those representing higher risk industries and geographies, and third parties handling your sensitive data over long periods of time.  The original risk profile done at onboarding can, and often does, change over time — and you need to know.

Portfolio Risk Management

After performing up-front due diligence, private equity firms are often unaware of risk profiles changing over the lifecycle of an investment. Stay abreast of the risk profiles of your entire portfolio of companies, investors, and even supply chains.

Lifecycle Loan Management

If you’ve closed on commercial lending and asset financing transactions, lenders need an ongoing view of risks that may be emerging in the portfolio over the life of the loan. Risks that could impact the future of the loan performance often go far beyond financial risk — but now encompass important components.

Vcheck’s Refresh Program offers you the peace-of-mind that subjects are thoroughly vetted before onboarding or closing, and now all throughout the lifetime of the relationship. Typical refresh subjects include:

  • Clients
  • Borrowers, Leasees
  • Tenants
  • Partners
  • Investors
  • Vendors & Suppliers
  • Board of Directors and C-Suite Appointees

Examples of Savings

Our Diligence Refresh Program features pricing that was built to scale your savings based on a number of factors, including: the type of report requested, the number of subjects being reported on, the frequency at which reports are being refreshed, and the duration of time agreed to for receiving refreshed reports. Below, you can find examples that highlight the breadth of potential savings.

✓ Order 4 Full Standard reports refreshed semi-annually and save nearly 24% over the course of 2 years.

✓ Order 7 Narrative Enhanced reports refreshed annually and save more than 45% over the course of 3 years.

✓ Order 10 Enhanced Due Diligence reports refreshed quarterly and save more than 77% over the course of 5 years.

Frequently Asked Questions

How does the program work?

After we produce the initial report for you, we will refresh either a basic subset or a full match of the original scope on a pre- scheduled periodic basis — and at a deep discount to the original full report. No need for you to remember to order the refresh — we do it automatically. You have choices in how frequently refreshes are produced, options between a basic refresh and a full refresh, and can receive further discounts for signing up for multiple years for an individual subject. As we produce the refreshed reports, we will also be able to flag to you any meaningful changes that may indicate the subject’s risk profile has changed.

How will I be updated?

At your contracted annual frequency (quarterly, semi-annually, annually), you will receive an update via email, alerting you of any material changes to the subjects you are investigating — even if there are no “red flags” or adverse findings on a subject. You will also receive the refresh report as a document for your records.

When do I pay?

Our Diligence Refresh Program offers flexibility in payment plans, leaving it entirely to you to determine whether to pay up front or use a pay-as-you-go model. The choice of payment plan has no impact on the price of your refresh package.