Parnexus.com operates a 'tick shield' system for our KYC / AML process. All members are checked via a industry leading risk intelligence KYC screening system.

• Green tick shield: Members name and Date-of-Birth have been verified on third party risk intelligence screening system.

• Blue tick shield: Members passport has been verified on third party risk intelligence screening system.

Both green and blue tick is required prior to two entities being introduced on the Parnexus platform. Both entities must have both tick shields.

We use the screening system to review and analyse the passport against :

• International policing databases
• 11,000 media publications globally for Adverse Media (Negative news, Unfavourable news, Allegations, Politically-Exposed-Persons).
• Over 100,000 total sources in 65 language across 240 countries and territories. See relevant links below.

The system can also notify us of a change in online sentiment or status towards an individual.

Alongside vetting members via the third party risk intelligence screening system, potential new members are vetted against our proprietary checklist. This checklist checks clear and open online entity profile, a website with clear director profiles, director experience, and we review other 3rd party platforms such as Linkedin.