What is adverse media screening?
Adverse media screening refers to the process of monitoring news and media sources to detect negative information about individuals or organizations. This includes reports related to financial crime, regulatory violations, environmental damage, or reputational risk. Many organizations use adverse media screening as part of their due diligence, compliance, and risk management processes.
You might use this type of screening when onboarding new customers, reviewing suppliers, or conducting periodic reviews of high-risk entities.
How does Business Radar approach adverse media screening?
Business Radar provides extensive media coverage, including real-time access to global, regional, and local news outlets. This includes smaller sources such as business gazettes and industry-specific publications. By monitoring a wide range of sources in multiple languages, Business Radar helps ensure that you are not missing emerging risks.
Our focus is on delivering relevant, timely alerts that support better decision-making.
How does Business Radar handle multilingual event translation?
Our service automatically translates adverse events into more than 100 languages, ensuring comprehensive coverage and understanding of global risks without language barriers affecting the accuracy of your risk assessments.
How does the system reduce false positives?
Business Radar uses large language models to analyze the context of each article. This helps distinguish between high-risk events and neutral mentions. For example, the system can tell the difference between a company being accused of misconduct and a company being mentioned in a general news story. An article about a general news story will still be in Business Radar, which is why we assign categories to each article. Categories can be used to set up continuous monitoring and filter for specific topics on the articles page.
As a result, you receive fewer false positives and more focused alerts.
What types of risks can be detected?
The system covers more than 210 risk categories. This includes financial fraud, regulatory actions, ESG violations, labor issues, corruption, and more. You can customize which risk types are most important to your organization.
If your team works in areas like supply chain monitoring, ESG compliance, or financial onboarding, you can configure the platform to prioritize these risk types.
What kind of support does Business Radar offer for regulatory compliance?
We offer comprehensive screening against over 1,200 sanctions and enforcement lists from 180 countries, an in-depth legal enforcement database, and real-time monitoring to ensure compliance with international regulations.
How does the collaborative investigation platform work?
Our integrated platform allows your team to collaborate efficiently, sharing findings, discussing potential risks, and deciding on next steps collaboratively. This streamlines investigative workflows and enhances team coordination.
What are the benefits of API integration?
API integration allows for seamless system incorporation, enhancing your internal processes with our robust data streams. It ensures easy access to our services, making your risk management and compliance efforts more efficient.
Is Business Radar GDPR-compliant?
Yes. Business Radar complies with the General Data Protection Regulation (GDPR) and other applicable privacy laws. Personal data is processed lawfully, fairly, and transparently. Our platform is designed with privacy and security in mind.