In the exercise described hereabove, one analyst spent over a day manually gathering background information from a broad range of sources to be able to perform an assessment. The same result was achieved in less than 2 minutes by the same analyst working with Regio Monitor.
By providing company names or simply a geographic area as start point, the platform immediately consults all relevant data sources, such as chamber of commerce, cadastral registration, registry of deeds, insolvency register, personal records database, and news articles. It then creates a risk picture for each relevant respective organization, including the information substantiating the risk status. The analyst can then decide to further examine the case and start an investigation procedure with the relevant task force.