WorldCheck Integration

High level workflow

This solution is beneficial for funds who have been using World-Check as their preferred AML check tool. When enabled, AML checks will be automatically triggered for subscription orders at a certain status. The information utilized for the checks is as follows:

Investor details data: names, Date of birth/Date of formation, country of citizenship or Jurisdiction of Operation,…
Details of each related BOs: out of scope

Since funds have direct access to World-Check, they will be resolving the check cases on World-Check.

How the check is automated

Once the subscription is in the “submitted” status, a check will be automatically triggered on the World-Check screen. Note: the triggering status is configurable.

VentureVista Capital subscription at “submitted” state on FundSub. AMLchecks on this investor will be triggered.

VentureVista Capital as an AMLcheck case on World-Check

Supported data mapping

World-Check data fields	Definition
`entity_type`	Investor type
`name`	Name of individual or name of organization/entity
`date_of_birth`	Date of birth for individual, Date of formation for entity types
`country_location`	The country where the Individual is residing, stationed, working or known to operate.
`place_of_birth`	The country in which the individual was born or full address with country input.
`citizenship`	The country which the individual hold citizenship to
`registered_country`	The country in which the entity is registered
`issuer_or_country (optional, for passport check)`	Country that issue the ID of individual or entity
`id_type_indi (optional, for passport check)`	passport, driver license,…
`id_type_entity (optional)`	TIN,…
`id_number (optional, for passport check)`	passport number, driver license number, TIN number,...

Note that if you want to create a case with additional data points beside the above list, please contact us for constructing a custom template