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Know Every Customer, Counterparty, and Claimant You Take On

Screen for sanctions, PEP, adverse media, and ownership risk, and monitor continuously.
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How financial institutions can strengthen their screening and monitoring

Financial institutions and insurers screen more people and companies than almost anyone, and the pressure is only rising. Onboard a customer, sign a counterparty, or pay a claim without knowing who’s really behind it, and you inherit their risk. A stronger approach treats screening as continuous: check every customer, counterparty, claimant, and partner against sanctions, PEP, and adverse-media data before you deal with them, then keep them monitored. Beady makes that practical, combining deep screening at onboarding with daily monitoring across your whole book, so a sanction, charge, or scandal reaches you as it happens.

Every customer and counterparty screened at onboarding and re-checked daily
Why traditional and manual screening falls short for finance and insurance

Legacy screening tools were built to match names, not to judge risk, and it shows. They flag everyone with a similar name and bury compliance teams in false positives, while the real risks get lost in the noise. Ownership is another blind spot: the people behind a corporate customer or counterparty are often hidden under layers a name check never untangles. And most screening is a one-time gate. You clear a customer at onboarding and revisit on a fixed cycle, so a new sanction, charge, or scandal in between goes unnoticed until an examiner, or a headline, finds it first.

Legacy name matching versus Beady: alerts by the thousand against findings you can act on
Why screening and ongoing monitoring both matter

The two moments carry different risks, and regulators increasingly expect both. At onboarding, the question is whether a customer, counterparty, or claimant is who they claim to be, and whether anything in their history should stop you. Afterward, the question is whether anything has changed: a new sanction, a fraud charge, a scandal, a shift in ownership. Screen only at onboarding and you’re exposed for the whole relationship; monitor only periodically and you’re always behind. Beady covers both, a thorough check upfront and continuous monitoring after, so your view of every customer stays current.

Why onboarding screening and ongoing monitoring both matter: a timeline of what changes after the check
What one missed risk costs a financial institution

In financial services, one missed risk can cost far more than a single account. Onboard or pay a sanctioned party and you can breach the law, and regulators have handed financial institutions some of the largest fines on record for AML and sanctions failures. Funds can be frozen, remediation can run for years, and a serious failure can threaten your licence and your correspondent-banking relationships. The reputational damage often outlasts the fine. Most of it is avoidable with proper screening. Beady checks every customer, counterparty, and claimant against sanctions and adverse media before you’re exposed, then keeps watching.

What one missed risk costs a financial institution: fines, frozen funds, remediation, licence and reputation
How AI makes financial-crime screening better

AI is what lets a financial institution screen at scale without drowning in false positives. Beady checks a customer, counterparty, or claimant against sanctions, adverse media, litigation, and 100,000+ sources in minutes, maps ownership across 200M+ entities and officers, and strips up to 95% of the noise, so your team sees real risk, not dead-end alerts. Then it keeps monitoring daily, flagging a new sanction, charge, or scandal within hours. Every finding links back to its source, so your compliance is fast, thorough, and defensible to any regulator or auditor.

AI screening across 100,000+ sources with noise filtered and every hit tied to its source
01 Screen Customers and Counterparties at Onboarding
There is risk in every customer and counterparty you take on that face value will never reveal. At onboarding, Beady runs the people and companies behind them against sanctions, PEP, criminal, and adverse-media sources, which means a high-risk party is caught before they make it onto your book, not once they are already there.
02 Screen Policyholders, Claimants, Agents and Brokers
The risk in insurance reaches well beyond your customers. Beady checks policyholders, claimants, agents, and brokers against sanctions, adverse media, and fraud signals, so a sanctioned party, a fraudulent claimant, or a compromised intermediary is spotted before they ever cost you a payout or a penalty.
03 Map Ownership and Uncover UBOs and Hidden Connections
There is no assessing a corporate customer’s risk until you know who actually controls it. Beady maps beneficial ownership across over 200 million entities and officers, drawing out UBOs, related parties, and hidden connections. That way, an opaque structure cannot hide a sanctioned or high-risk party behind a company that looks perfectly legitimate on the surface.
04 Catch Fraud, Financial Crime and Integrity Red Flags
Fraud and financial crime usually leave a public trail before they reach you. Beady checks customers, counterparties, and claimants for the arrests, indictments, litigation, and adverse media that reveal a bad actor, so a financial-crime risk shows up in screening, not on your balance sheet.
05 Screen Against Sanctions and PEP Exposure
Sanctions rank among the highest-stakes obligations in all of finance, and breaches carry severe penalties. Beady screens every party against OFAC, the EU, the UN, and the UK’s HMT, along with PEP data, all refreshed daily, so a newly sanctioned or politically exposed party is caught before you transact rather than after.
06 Monitor Customers and Counterparties Continuously
More and more, regulators expect perpetual KYC rather than a one-time check. Beady watches every customer and counterparty each day, which means a fresh sanction, charge, or scandal lands with you within hours instead of surfacing at your next periodic review. You are left with room to act before the matter turns into a problem.
07 Meet AML, KYC, KYB and Regulatory Obligations
Financial institutions face some of the strictest compliance rules anywhere, and must prove they meet them. Beady runs the sanctions, PEP, adverse-media, and ownership checks your AML, KYC, and KYB obligations require, and logs source-linked evidence of each, so you meet the rules and can evidence it on demand.
08 Protect Your Licence, Banking Relationships and Reputation
A serious compliance failure can cost you a licence, a correspondent bank, or years of trust. Beady helps you protect all three, screening and monitoring the people and entities you deal with so a sanctioned or fraudulent party doesn’t put your standing, your relationships, or your reputation at risk.

Where Beady Fits Across the Workflow

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Customer onboarding and KYC: identity, sanctions and PEP checked before the account opens
Customer Onboarding and KYC
Screen every customer as they onboard. Beady checks the person behind an account against sanctions, PEP, criminal, and adverse-media sources in minutes, so you can approve legitimate customers quickly and stop sanctioned or high-risk individuals before they’re on your books.
Business and counterparty onboarding: company verified and beneficial owners traced and screened
Business and Counterparty Onboarding (KYB)
Bringing on a corporate client, correspondent bank, or counterparty comes down to understanding the company as well as the people who own it. Beady carries out KYB and traces ownership, checking for sanctions, litigation, and adverse media, so that you are clear on exactly who sits on the other side before the relationship is ever opened.
Underwriting and policyholder screening: policies auto-cleared with flagged cases sent to review
Underwriting and Policyholder Screening
Sound underwriting begins with a clear sense of who you are insuring. Beady runs policyholders and the businesses standing behind them against sanctions, adverse media, and integrity risk. That way, a policy does not end up written for a sanctioned party, nor for a business whose past should have shifted the terms, or the decision to cover them at all.
Claims and fraud investigation: the claimant, litigation and connections checked before payout
Claims and Fraud Investigation
Claims are where insurance fraud shows up. Beady gives investigators a source-linked view of a claimant and the parties around a claim across sanctions, criminal, litigation, and adverse-media sources, so a fraudulent or high-risk claim is flagged before it’s paid, not after.
Ongoing monitoring: the whole book re-checked daily with new sanctions flagged within hours
Ongoing Customer and Counterparty Monitoring
Risk on a customer or counterparty changes after onboarding. Beady keeps your whole book under daily watch, so a new sanction, charge, or scandal is flagged as it happens, supporting perpetual KYC and giving you time to act before a cleared relationship becomes a live problem.
Agent, broker, partner and vendor screening: everyone acting in your name checked
Agent, Broker, Partner and Vendor Screening
The risk you carry extends to every party that acts on your behalf. Beady runs agents, brokers, partners, and vendors, together with the individuals standing behind them, against sanctions and reputational exposure. That way, a compromised intermediary or third party never has the chance to quietly become your institution’s problem.
Investigations, alerts and escalations: alerts routed with evidence and a full audit trail
Investigations, Alerts and Escalations
When an alert fires or something looks wrong, you need answers quickly. Beady gives your compliance team a source-linked view of any customer, company, or individual across sanctions, criminal, litigation, and adverse-media sources, so an escalation can be resolved fast and the decision documented.

The customer you cleared at onboarding is not the customer you hold today.

Sanctions, PEP, ownership and adverse media checked at onboarding and re-checked across the whole book, every day.
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What Beady Checks

People

Follow almost any financial or insurance risk far enough and you arrive at a person. So that is who Beady screens, and not just the names at the top. Customers. Policyholders. Claimants. The beneficial owners behind a company, the directors, the agents and brokers, and the people tied to all of them. Every one of them gets checked against sanctions, PEP, criminal and most-wanted lists, and adverse media drawn from 100,000+ sources, and any politically exposed figure whose position sharpens the risk is flagged. A name on an application or a claim is a starting point, nothing more. Beady works out who is really behind it and what their history says, so there are no surprises about who you have just taken on.

People Beady checks for financial institutions: customers, beneficial owners, claimants, directors, agents and PEPs
Organizations

The risk a corporate customer or counterparty carries is rarely obvious from the name on the account. Beady runs companies, correspondent institutions, corporate policyholders, and the entities surrounding them against sanctions, litigation, adverse media, and watchlists. Shell companies and opaque structures draw particular scrutiny, since these are frequently set up to conceal who truly owns or controls a business and to channel illicit money. By following ownership across over 200 million legal entities and their officers, Beady helps you make out the real organisation behind a name before you open a relationship or decide to continue one.

Organizations Beady checks: corporate customers, correspondent institutions, policyholders, suppliers, subsidiaries and shell entities
Ownership and Connections

In financial crime, ownership is often where the risk hides, and it is exactly what regulators expect you to be able to see. Beady maps beneficial ownership and the web of connections around a company across a database of more than 200 million entities and their officers, tracing through holding companies and intermediaries to the people who genuinely own and control it. It brings UBOs, related parties, conflicts, and links to other companies or individuals into view, the kind you would want to know about, so you understand not only the customer in front of you but who is really standing behind them.

Ownership and connections Beady maps: beneficial owners, group structure, cross-border layers and related parties

Built for Every Kind of Financial Institution

From a global bank to a fast-growing fintech, if you take on customers and counterparties, you have to know who they are. Beady works for financial institutions and insurers of every kind.
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Beady for banks: retail and corporate customers and correspondent banks screened daily
For Banks
Screen every retail and corporate customer, plus correspondent banks and counterparties, against sanctions, PEP, and adverse media, and keep them monitored, meeting the AML bar banks are held to.
Beady for credit unions: members and their businesses screened without manual overhead
For Credit Unions
Screen members and the businesses they run against sanctions and adverse-media risk, meeting your AML obligations without the overhead of a manual process.
Beady for insurers: policyholders, claimants, agents and brokers checked before you pay
For Insurers
Screen policyholders, claimants, agents, and brokers against sanctions, fraud, and adverse-media risk, so you underwrite and pay with a clear view of who you’re dealing with.
Beady for reinsurers: cedants, brokers and the parties behind the risks you take on
For Reinsurers
Screen cedants, brokers, and the parties behind the risks you take on against sanctions and adverse media, so exposure you assume is exposure you understand.
Beady for payment providers and EMIs: merchants, users and counterparties screened continuously
For Payment Providers and EMIs
Screen merchants, users, and counterparties against sanctions and adverse-media risk at onboarding and continuously, protecting your rails and your banking relationships.
Beady for lenders: borrowers and the businesses behind them checked before the money goes out
For Lenders and Fintech Lenders
Screen borrowers and the businesses behind them against sanctions, adverse media, and fraud signals, so you lend with a clear view of the risk on every application.
Beady for wealth and asset managers: clients, source of wealth and related entities under enhanced diligence
For Wealth and Asset Managers
Screen clients, their sources of wealth, and the entities behind them against sanctions, PEP, and adverse media, meeting the enhanced diligence high-net-worth relationships demand.
Beady for brokers and capital markets: counterparties and their owners checked pre-trade
For Brokers and Capital Markets
Screen counterparties, clients, and the people behind them against sanctions and adverse media, so a trade or relationship starts with a clear view of who’s on the other side.
Beady for neobanks and fintechs: bank-grade screening at onboarding speed
For Neobanks and Fintechs
Screen customers and counterparties at scale and speed against sanctions, PEP, and adverse media, building bank-grade compliance into a fast-growing business from day one.

Across Financial Services and Insurance

Financial services and insurance are broad, and so is Beady. Screen and monitor the people and companies you deal with, wherever you operate across finance and insurance.
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Beady for retail banking: customers and account holders screened at onboarding and after
Retail Banking
Screen retail customers against sanctions, PEP, and adverse media at onboarding and continuously, meeting AML obligations across millions of accounts.
Beady for commercial and corporate banking: corporate customers and groups with ownership mapped to people
Commercial and Corporate Banking
Screen corporate customers and map their ownership, checking the businesses and people behind them against sanctions, litigation, and adverse media.
Beady for correspondent banking: both institutions screened before you clear through them
Correspondent Banking
Screen respondent banks and their counterparties against sanctions and adverse-media risk, managing the exposure that correspondent relationships carry.
Beady for payments: merchants, users and counterparties screened before the money moves
Payments
Screen merchants, users, and counterparties against sanctions and adverse media, protecting your payment rails and banking relationships.
Beady for lending and credit: borrowers and guarantors checked before the funds go out
Lending and Credit
Screen borrowers and the businesses behind them against sanctions, fraud, and adverse-media risk, so you lend with a clear view of every applicant.
Beady for life insurance: policyholders and beneficiaries screened for sanctions and PEP at underwriting
Life Insurance
Screen policyholders, beneficiaries, and the parties behind them against sanctions and adverse media, so a policy isn’t written or paid for a high-risk party.
Beady for property and casualty insurance: claimants, agents and brokers with fraud signals surfaced before payout
P&C and General Insurance
Screen policyholders, claimants, agents, and brokers against sanctions, fraud, and adverse-media risk, catching exposure at underwriting and at claims.
Beady for reinsurance: cedants and the risks behind them, exposure you can see
Reinsurance
Screen cedants, brokers, and the parties behind assumed risks against sanctions and adverse media, so the exposure you take on is fully understood.
Beady for wealth and asset management: clients and source of wealth with enhanced diligence evidenced
Wealth and Asset Management
Screen clients, their sources of wealth, and connected entities against sanctions, PEP, and adverse media, meeting enhanced diligence demands.
Beady for capital markets and trading: counterparty risk checked live before the desk trades
Capital Markets and Trading
Screen counterparties and the people behind them against sanctions and adverse media, so trading relationships start and continue with a clear view of risk.
Beady for insurtech: digital onboarding at scale with bank-grade checks at API speed
Insurtech
Screen policyholders and partners at scale and speed against sanctions, fraud, and adverse-media risk, building compliance into a digital insurance model.
Beady for fintech and neobanks: customers screened at onboarding speed, compliance built in
Fintech and Neobanks
Screen customers and counterparties at scale against sanctions, PEP, and adverse media, meeting bank-grade compliance without a manual process.
Beady for pensions and funds: members, sponsors and managers in long relationships kept current
Pensions and Funds
Screen members, beneficiaries, and the entities you deal with against sanctions and adverse-media risk, protecting the funds and people you’re responsible for.

Set Once. Monitor Daily

For a financial institution, this is essential: a thorough screen at onboarding, then continuous monitoring for every customer, counterparty, and claimant. Screen once, watch always, the foundation of perpetual KYC.

One Time Screening (Onboarding)

When you onboard, Beady carries out a full screen on a customer, company, or claimant in one pass, taking in sanctions, PEP, criminal records, ownership, and adverse media, and it needs no documents to do so. The whole thing is designed around the decision you are facing at that moment, letting you clear a legitimate party fast or catch a high-risk one before they make it onto your book.

One-time scan of a name

Ongoing Monitoring

Once a customer is onboarded, that screen becomes continuous coverage. Beady rescreens every customer and counterparty daily, so a new sanction, charge, or scandal reaches you within hours rather than at the next periodic review. Screen a party once at onboarding, then keep your whole book under a live, always-current watch, exactly what perpetual KYC requires.

Ongoing monitoring

Clear Intelligence, Built for Your Workflow

Trace every finding to its source, produce audit-ready reports, and feed compliance intelligence straight into the tools your team already uses.
Social Signals Monitoring
Beady watches public social sources in real time, not just official lists. Risk signals, a fraud accusation, an arrest, a brewing scandal, often surface on social media hours or days before they reach the news or an official record.
How early they appear varies by party and sector, but social monitoring runs across everyone you screen, so you get the earliest possible warning of new risk.
Social Signals Monitoring
Messenger Integration for Daily Risk Alerts
Beady connects to messaging platforms like Telegram to send daily alerts on the most important changes across your customers and counterparties, with no need to log into the portal each day.
Skim a short summary on your phone, and when something needs a closer look, sign in for the full report and the evidence behind every flag.
Messenger Integration for Daily Risk Alerts
Quality of the Data Provided
Beady works only with publicly available data, refreshed daily and updated as soon as a change appears. Every finding carries a direct link to the record it came from.
And the AI never invents or embellishes. Each result can be checked against its original source, so a compliance decision rests on evidence you can verify, not assumptions.
Quality of the Data Provided
Report Consolidation
Bookmark the findings that matter to build a report around a customer, a counterparty, or a case. Share it in a couple of clicks with your compliance team, an auditor, or a regulator.
Everyone works from the same set of verified findings, so no one has to reassemble the picture by hand.
Report Consolidation

How It Works

A step-by-step look at how a name becomes a complete, verified risk profile, then an always-current watch.
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Adding an entity to Beady
Step 1
Add the Customer or Entity
Enter the customer, company, or claimant you want to screen, by name, to begin. No documents required.
Screening the entity
Step 2
Screen
Beady checks the name against sanctions, PEP, criminal, adverse media, ownership, and 100,000+ other sources in a single pass.
Signal processing and noise filtering
Step 3
Map and Filter
The AI maps ownership, filters out noise and false matches, and surfaces only the risks that genuinely apply.
Adding confirmed findings to the entity report
Step 4
Build the Report
Confirmed findings go into a single, audit-ready profile, ranked by severity, with each one linked to its source.
Sharing the entity report
step 5
Monitor and Share
Add the party to daily monitoring, and share the report with your compliance team, auditors, or regulators whenever you need it.

Frequently
Asked Questions

What does Beady do for a financial institution or insurer?
Beady screens the people and companies you deal with, customers, counterparties, policyholders, claimants, agents, and partners, against sanctions, PEP, criminal, litigation, and adverse-media sources, maps their ownership across 200M+ entities, and monitors them continuously. It’s how you meet your AML, KYC, and KYB obligations and stay ahead of the sanctions and fraud risk regulators hold you to.
Beady handles the screening that sits at the heart of AML: KYC checks on individuals and KYB checks on companies, run against sanctions, PEP, adverse media, and ownership data in minutes. It filters out the noise, links every finding back to its source, and keeps parties monitored after onboarding. The result is that you meet your obligations at onboarding, stay compliant as time goes on, and have the evidence to show for it.
Yes. Beyond the check carried out at onboarding, Beady rescreens every customer and counterparty each day, so a new sanction, charge, or scandal reaches you within hours rather than waiting for the next periodic review. That kind of continuous coverage is precisely what perpetual KYC calls for, and you can receive the alerts either in the platform or through Telegram.
Rather than relying on a straight name match, Beady’s AI reads context, follows ownership links, and factors in the credibility of each source to decide what is relevant. Up to 95 percent of the noise falls away as a result, the matches on the wrong person, the flags that have gone stale, the coverage that was favourable to begin with. What your compliance team ends up with is a short list of real hits, not an endless pile of false positives.
Yes. Beady screens policyholders, claimants, and the parties around a claim against sanctions, criminal, litigation, and adverse-media sources, surfacing the fraud signals and red flags that indicate a high-risk or fraudulent claim, so your team can investigate before a claim is paid rather than chasing it after.
Sanctions carry some of the steepest penalties in all of finance. Beady screens every customer, counterparty, and claimant against the major sanctions regimes, OFAC, the EU, the UN, and the UK’s HMT, all refreshed daily, so a newly sanctioned party is caught the very day they are listed. Every match is linked to its source, ready for both your records and your regulators.
Most checks come back in a few seconds. The bigger ones might take a minute or two. Either way, it all runs on its own. Beady goes out to every source, works out who owns what, throws away the noise, and gives you one clean profile at the end. That speed changes what you can do with it. You can screen a customer while they are still onboarding, and they never feel the wait. And a corporate client that would have tied up an analyst for hours gets handled in a tiny slice of that time.
Beady draws on 100,000+ publicly available sources. These take in global sanctions lists such as OFAC, the EU, the UN, and UK HMT, together with PEP databases. The platform also covers international most-wanted and criminal registries, regulatory and enforcement lists, and adverse media spanning 100,000+ news sources. On top of that, it accesses corporate registries representing more than 200 million entities and officers, along with public social sources. Every one of these is refreshed daily.
Keyword alerts bury you in mentions and then leave you to make sense of them. Beady was made for risk. Its AI checks that a hit really is about your customer, judges its relevance, clears out up to 95 percent of the noise, and brings in sanctions, ownership, litigation, and criminal data next to the news, all of it source-linked. The result is verified risk intelligence rather than an unfiltered feed.

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