Traditional background checks are no longer enough to protect businesses from reputational and financial risks in today’s rapidly evolving world. Information spreads at an unprecedented pace online, and risks that once took days or weeks to surface can now snowball within minutes, leaving businesses vulnerable.
The landscape demands a shift from point-in-time background checks to real-time, dynamic risk management solutions. Continuous monitoring has emerged as a proactive solution for firms to safeguard their investments, reputation, and human capital in the face of ever-changing threats.
Introducing Vcheck Monitoring
Vcheck has developed a continuous monitoring platform that addresses the challenges posed by evolving risk head-on. Vcheck monitoring allows you to monitor individuals and entities and receive real-time alerts if new information is found on your subjects. This solution is the first to leverage real-time web crawling, language filtering, and AI to meet client’s evolving risk mitigation needs.
Our platform provides a centralized workflow to monitor subjects across news, sanctions & enforcements, political exposure, sex offender registries, and criminal records, and leverages Gen AI to aggregate duplicative hits into one notification and summarize articles for ease of consumption. Confidence scores and alert refinement reduce false positives and provide a quick reference point for relevance.
Vcheck monitoring fills a gap in the market by providing valuable, real-time insights from the most reliable sources including real-time news from Google without the noise of traditional monitoring tools.
What Does Monitoring Include?
Vcheck’s continuous monitoring provides 24/7 coverage across a wide range of crucial risk areas, including:
Real-Time Open-Source News
- Crawls Google, Bing, and other major browsers and news publications in real-time across 14+ languages.
Sanctions and Enforcements
- Global Sanctions and Enforcements including regulatory bodies across databases and open-source media.
Politically Exposed Persons (PEP)
- PEP lists along with identified PEP exposure in open-source articles.
Criminal & Arrest Records
- Criminal & arrest records at a county, state & federal level
Sex Offender Registries
- State sex offender registries
How Continuous Monitoring Works
Users access continuous monitoring through the SOC II compliant Vcheck Portal, to monitor and remediate alerts along with escalation for deeper, human-led research.
The portal’s intuitive monitoring dashboard enables users to fine-tune monitoring parameters, manage alerts effectively, and modify settings based on their specific risk tolerance and needs.
Vcheck’s AI-powered monitoring tool actively scans web pages across global news media through web browsers like Google and directly on major publications, as well as sanctions, enforcements and PEP lists, sex offender registries and local criminal courts and arrest feeds.
The platform consolidates duplicative hits into one alert and provides a Gen AI summary that highlights the article’s findings from the most reputable and reliable information. This methodology captures a greater source diversity, including local and niche publications, surfacing contextual information while limiting duplicates and false positive hits.
The system leverages multilingual keyword strings to enable comprehensive information storage and coverage in 14 languages, including Dutch, German, Japanese, Korean, Romanian, Russian, and both simplified and traditional Mandarin.
Vcheck’s monitoring platform collects and summarizes findings, ordering them by relevance. Results the AI deems irrelevant are summarized for context as a safeguard for those with common names.
Remediation
The Portal user view displays both the data Vcheck has on file and what the alert returned, allowing users to easily remediate alerts findings and make decisions.
Unlike other monitoring systems that use total matching characters to calculate confidence scores, Vcheck’s algorithm is familiar with common corporate designators like ‘Limited,’ ‘LLC,’ and ‘Inc,’ and filters them to avoid interference with match confidence. Our solution weighs common terms and verbiage low when calculating confidence scores, looking instead at the match strength of distinctive words. This dramatically reduces the amount of “obvious” false positives and saves time.
Looking Ahead with Continuous Monitoring
Continuous monitoring is the future of effective risk management. As we move into the future, winners in the business world will be those with the best access to current, forward-looking data. Static, backward-looking information simply won’t cut it anymore.
With broad use-cases in investment, entity, and relationship monitoring, Vcheck’s continuous monitoring solution ensures that your firm stays ahead of the curve, identifying and mitigating risks before they impact your bottom line. Contact us today to learn how our continuous monitoring solutions safeguard your investments in an ever-changing world.