- Checks registers and lists before the first deal
- Watches for changes in ownership, bank details and court cases
- Compares prices with the market before payment
Documents and control
Counterparty checks
Customers and suppliers are checked before the first deal and watched after it. A changed owner, a new court case or an inflated price shows up before the money moves.
- Security
- Finance
- Compliance
Security desk: an example desk
Security deskZarvane Trading Group
From monitoring
Change found: Al Noor Packaging changed its owner
Before next payment
- Registers expert
- Security expert
- Finance expert
Prepared by the security copilot
Checking the case…
- Owner changed on 9 Oct
Company register - Bank details changed on 12 Oct
Supplier register - Payment of AED 86,400 scheduled for Thursday
Payment calendar
Your decision
The signature move
A barrier before money moves
Clear counterparties pass, with spot checks by a person. A changed owner or new bank details stop the payment until someone decides.
Who does what
- Puts a counterparty on the stop list
- Decides on a payment with a warning
How a case moves
- 1New counterparty or paymentSystem
- 2Registers and lists checkedAgent prepares
- 3Price compared with the marketAgent prepares
- 4Warning reviewedOnly when something is foundPerson
- 5Stop list decisionPerson only
Risky counterparties and inflated prices are caught before payment, with the evidence attached.
Counterparty checks: questions
What does the Counterparty checks module do?
Customers and suppliers are checked before the first deal and watched after it. A changed owner, a new court case or an inflated price shows up before the money moves.
What does the AI agent do in Counterparty checks?
Checks registers and lists before the first deal. Watches for changes in ownership, bank details and court cases. Compares prices with the market before payment.
What is always decided by a person in Counterparty checks?
Puts a counterparty on the stop list. Decides on a payment with a warning.
How does a case move through Counterparty checks?
1. New counterparty or payment; 2. Registers and lists checked; 3. Price compared with the market; 4. Warning reviewed; 5. Stop list decision. Result: Risky counterparties and inflated prices are caught before payment, with the evidence attached.
Start with one process
Eight things that happen in most organisations. Swipe right if it happens in yours. Your map shows where agents should start.
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