● PRODUCT Integration Partner

WEB-IQ and BusinessForensics

Product Integration Partner

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BusinessForensics + Web-IQ

About the Partnership

BusinessForensics and Web-IQ now have an integration between WEB-IQ’s DarkCloud and IRIS and the ForensicCloud platform.

Web-IQ has a proven track record in online intelligence solutions for law enforcement, government intelligence, and NGO’s, regarding forensic investigations. Active in over 30 countries, WEB-IQ services institutions, such as Interpol, Europol, and others. 

WEB-IQ applies their technology to support financial institutions in the field of fraud detection, risk intelligence and KYC/CDD — providing a secure API-solution that now integrates with the ForensicCloud platform. Together, the companies provide next-generation anti-fraud, risk and KYC platforms that efficiently guide users on their risk and compliance journey.

Integration Use Cases

• Online Due Diligence
• KYC customer on-boarding
• AML and fraud investigations
• Threat Intelligence to corporations
• Phishing threats

THE INTEGRATION

IRIS + ForensicCloud Integration

The integration of the Web-IQ IRIS product into the ForensicCloud platform enables users to improve and standardize internet search in customer screenings and investigations – increasing the quality of data and saving up to 80% on manual processing time.

And so, have a whole standardized end-to-end screening and investigate process in place, which ensures a minimum level of case quality – whilst being compliant with GDPR, and having the ability to provide a full audit trial. 

THE PROCESS

3-Step Process to Integration

Integrations with partner platforms and tools is not only important to us — we know it’s important to our customers.  By creating strategic partnerships with integration partners like WEB-IQ we’re able to service our clients with more flexibility, and more precision.  

Here’s a look at how we got started with our WEB-IQ integration.

1. Technical deep-dive into the application programming interface for each solution

2. Use-case definition 

5. Conduct pilot project with end-users   

 

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Why WEB-IQ?

- Harness the power of IRIS and DarkCloud web
- Access to additional training resources
- Flexibility of API integrations
- Collaboration and support
- Additional access to research and information

Emilia Clarke
“Many financial institutions and corporations struggle with pressure from regulators, or already see the potential, to elevate their customer screenings with open source intelligence via internet. The internet is however a complex and ever-changing environment, which brings all sorts of challenges. We see therefore many institutions apply manual labor. This creates high costs and increases processing time, while with the right technology and expertise, this can be transformed into an opportunity to better detect fraud, money laundering and terrorist financing cheaper, faster, and with less false positives. By bringing our solution inside the KYC solution of BusinessForensics, customers can start today to see the value for themselves.”
Daniel Boelen, Business Development Director
Web-IQ
Emilia Clarke
"Web-IQ's slogan is "Making the world a better place". BusinessForensics is fully behind that, as we aim to achieve the same, with our data driven solutions and technology. By combining our strenghts and technology, this partnership gets us one step closer to that goal. The partnership with Web-IQ and the integration of their IRIS platform is a great addition in our battle against financial crime!"
Robby Philips, Partner Manager
BusinessForensics