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FAQ

+ What is the need for Investigative Due Diligence?

Owing to the expansion of new threats arising from economic globalization, and the subsequent legal frameworks implemented to cope with it (FCPA, KYC, UKBA, etc.), economic actors have to comply with existing regulations and protect themselves from unlawful behaviours.

 

To ensure integrity, companies have invested huge amounts of money into compliance programs, responsible for meeting legal requirements and protecting their companies' reputations and assets through a systematic screening of all their branch offices, resellers, partners, suppliers, clients and even top managers.

 

As the compliance officers' job is to decide whether or not an interaction with a third party should be sanctioned, they need the most reliable information and can only get it through a thorough Investigative Due Diligence process.

+ Why could I not simply do the research myself, since it’s about legally available information?

The term "legally available information", also known as "open-source" or "public information", refers to a broad concept. As we understand it, it is much more than what can be found using only Internet search engines. 

 

As everyone can perform an Internet search, it will almost always let aside important sets of facts and lack accuracy. Getting a pertinent and complete view over an individual or a company is a much more time and - above all - money-consuming process. The fact that information is legally available does not mean it is given for free!

 

Global Risk Profile has subscriptions to specialized databases including those featuring politically exposed persons, sanction lists, real estate properties and even legal proceedings that cannot easily be found on the Internet, hence the big gap between "legally available" and "free-access" information.

+ Is Global Risk Profile using unlawful means to get information?

Global Risk Profile's investigations will only provide legally available information. In our line of work, what we usually call "legally available" or "public" information stands for the information we are legally entitled to own and sell, opposed to information acquired by unlawful means, such as illegal surveillance or computer hacking.

 

In a concern for both ethics and legality, we chose to sell only "open-source" information. In the same spirit, none of our "on site" researches will ever be conduced using techniques, equipment or methods that would be against the law in the places they occur.

+ Who are Global Risk Profile's clients?

Our location at the heart of Europe gives us a considerable advantage in the eyes of Swiss and European companies. From Moscow to London, we are always reachable by phone or Skype within your office hours, and never further than a few-hours flight away in case you need to meet us in person.

 

Our clients are active in various industries, including finance & banking, manufacturing, distribution and defense.

+ What are the advantages of out-sourcing the Investigative Due Diligence to an external partner such as Global Risk Profile?

Practicing Investigative Due Diligence in the present context of "big data" is a consuming process in both time and money. The specialized sources are multiple and the process itself requires specific skills and tools.

 

Given these costs, many companies choose to outsource the Investigative Due Diligence process to external providers such as Global Risk Profile. Their compliance officers receive the needed information within short notice and can focus on using the information instead of searching for it.

+ Why is Global Risk Profile specially tailored for Investigative Due Diligence?

As the Investigative Due Diligence came to be a major tool for compliance officers, the first providers of this new service were ancient actors of the traditional investigation business. More recently, the so-called "big ones", such as Reuters or Dow Jones chose to launch compliance tools given the urging need expressed by their clients. On the contrary, we created Global Risk Profile to focus on our core business in Investigative Due Diligence.

+ Who will have access to my identity and the subjects of researches I submit? Can I be sure my data are protected?

Our internal procedures are planned to ensure a maximum level of confidentiality and information partitioning. Moreover, our IT structure responds to the highest standards of security.

 

Only Global Risk Profile's top management knows our clients' identities. The analysts who process the reports do not know who actually ordered them, and the administrative staff only deals with reference numbers and uploads the invoices to the anonymous accounts without knowing the identities behind them.

+ How exactly is the payment settled?

The invoices are uploaded on your account with the same process as for your reports. All the invoices are due for the end of the following month.

+ What exactly are Global Risk Profile's "sources" around the world?

Our sources around the world consist of a large network of lawyers, private detectives, investigators, journalists, administration clerks or former military or policemen. All these partners, either directly working for Global Risk Profile or mandated on a regular basis, are selected on strict criteria of integrity, confidentiality and efficiency.

 

In order to ensure the highest effective data protection, Global Risk Profile will never communicate its clients' identities and the whereabouts of its researches to any local source.

+ What exactly are Global Risk Profile’s methodology and research procedures?

Research

The starting point is to gather as much information as possible. During the research process, we keep our mind open and begin our investigation with the largest scope.

 

Verify

The verification process aims at crosschecking data to eradicate any incoherencies or out-dated piece of information. Sources are ranked from the most official to the less, and every detail is sifted through our analysts' trained eyes.

 

Synthesize

With a look at the big picture, our last task is to present the information in the most comprehensive form. As our investigations sometimes bring us to look into complex networks, our templates are designed to be as flexible as possible and valorise human intelligence.

 

Review

To ensure the highest level of quality, another analyst reviews each report.

+ What if Global Risk Profile does not find anything on the researched subject?

Fortunately, the researched subjects are in most cases "clean" and as a result, our report will often be exempt from any sensitive information, which is not such a bad scenario (the most filled reports are not always the ones our clients prefer to receive).

 

In case no public information could be retrieved, as it sometimes occurs with offshore companies or professionally inactive individuals, Global Risk Profile will nevertheless have to charge its researches.