To save time, meet compliance requirements and gain a clear understanding of the corporate structure of a business, Wingate uses CreditorWatch's Ultimate Beneficial Owner's Report (UBO).
The UBO report helps Wingate understand the individuals involved in a company and how to structure their dealing with a potential client.
By just clicking a button in CreditorWatch, the UBO report fast tracks their client onboarding process without compromising on detail.
Jess from Wingate says:
“The UBO report is quite handy to look at a complex entity and see everyone who is involved. This helps us figure out where and who we want to be aligned with.
CreditorWatch's monitoring component also goes hand in hand with UBO to receive alerts on all entities involved.”
Why do you need to identify a beneficial owner? Find out here.