C6 Intelligence sees 300% increase in Enhanced Due Diligence (EDD) Reports

1. http://www.reuters.com/article/2012/12/11/idUS120722+11-Dec-2012+PRN20121211
C6 Intelligence Sees 300% Increase in Enhanced
Due Diligence (EDD) Reports
* Reuters is not responsible for the content in this press release.
Tue Dec 11, 2012 9:01am EST
C6 Intelligence Sees 300% Increase in Enhanced Due Diligence (EDD) Reports
PR Newswire
LONDON, December 11, 2012
LONDON, December 11, 2012 /PRNewswire/ --
Having seen a three-fold increase in its Enhanced Due Diligence (EDD) operation in the past 12
months, C6 Intelligence Information Systems predicts further substantial growth in 2013.
Enhanced Due Diligence (EDD) is the process of revalidation of a customer's identity, their
companies and relationships, and analysis of relevant risk factors associated with conducting
business transactions with that customer, be it an individual or a business.
Director of C6 Intelligence's Enhanced Due Diligence Operation Colin Holder said, "Due to the
current financial climate and regulations, banks and financial organisations want to protect
themselves against fraud and money laundering investigations by documenting their client
profiles. Our C6 Intelligence EDD reports are the preferred choice for our clients because our
advanced systems and processes allow us to go into greater depth in our research reports than
our competitors, without incurring increased costs."
C6 Intelligence EDD reports contain information on:
o Subject identifiers
o Detailed analysis of relevant business and personal relationships
o Relevant media / litigation profile
o Detailed risk factors
o All reports are fully sourced from public record data
Mr Holder continues, "We found that our clients needed enhanced personal identifiers and
business background checks, which required a level of in-country knowledge that their existing
solutions could not provide. Our EDD reports include confirming connections to known close
personal associates and their aliases. In addition, the clarity of our researchers' evaluations on
'Jurisdictional Risk' and 'PEP (Political Exposed Person) Risk' have been enthusiastically
received."

2. C6 Intelligence Managing Director Richard Bensberg confirmed, "The increase in uptake of our
EDD reports is a function of our investment in the product, which was revamped last year with a
new reporting format, and with the additional expertise of a newly created specialist EDD
Analyst unit incorporating multi-lingual Analysts with advanced research and analytical skills,
able to create compliant EDD solutions for clients across a range of industries."
About C6 Intelligence Information Systems Limited
C6 Intelligence Information Systems Limited ("C6 Intelligence", "C6") is a leading provider of
global intelligence information on both individuals and companies through the C6 Database and
bespoke research projects. C6 Intelligence provides Enhanced Due Diligence (EDD), Know Your
Customer (KYC), and Anti-Money Laundering (AML) checks and solutions for companies
worldwide, and has a presence in the Americas, EMEA and APAC regions.
Colin Holder, Director of C6 Intelligence's Enhanced Due Diligence Operation was formerly a
Detective Sergeant with the London Metropolitan Police force for 33 years and for five years
was seconded from the New Scotland Yard Fraud Squad to the UK Serious Fraud Office.
For more information and a sample of the C6 Intelligence Enhanced Due Diligence (EDD) Report
contact:
Colin Holder
Director, Enhanced Due Diligence
Tel: +44(0)1256-301510
Email: edd@c6-intelligence.com
Vita House, London Street
Basingstoke, RG2 7PG
United Kingdom
Website: http://www.c6-intelligence.com
Media Contact:
Email: pr@c6-intelligence.com
SOURCE C6 Intelligence Information Systems Limited