icg corporate profile 2015
TRANSCRIPT
Infocredit Group
Infocredit Group was established in 1972 as MECOS
40 years of experience in the provision of Commercial and Credit information
Presence in more than 15 countries
Our Core Activities:
Collating, processing and transmitting Commercial and Credit information for Individuals and
Companies worldwide
Provision of compliance services
Compliance
Infocredit Group follows the directives of the European Parliament (directive 95/46/ΕΚ), for
Data Protection
All of our services are compliant with the directives of the Commissioner for Personal Data
Protection
We are approved by VISA Europe for PCI DSS compliant
We hold a licence by the Cyprus Police for Private investigation and tracing of Individuals and
Companies with license number ΓΕ/0034/2013
Partners
A global leader in the provisionof commercial information, withmore than 225,000,000companies in their database .
One of the largest databases ofinformation and publications,worldwide.
One of the largest companiesproviding KYC and complianceservices, worldwide. Its clientbase spans many sectors inover 120 countries
A company that providesspecialized solutions foranalysis of financial and otherbusiness information in theworld.
A joint venture with InfocreditGroup for the creation of FCCB(First Cyprus Credit Bureau).
The largest provider of onlinesolutions for ComplianceTrainings and Risk ManagementSolutions
Memberships
Cyprus Chamber of Commerce and Industry
Federation of business Information Services
Aman Union
International Referral
Cyprus Russian Business Association
The Association of Credit and Collection Professionals
The United Nations Global Compact
Credit Services Association
Infocredit Group Services
Commercial and Credit Information Services
Infocredit Group Global Online Platform and
Database
International Credit Reports
Underwriters Opinion on Credit Reports
Individual Reports
Legal Documents and Official Certificates
Site Visits
Ongoing Monitoring Service
System Integration
Marketing Lists
Data Exchange System
Currently providing this service to 4 major
sectors in Cyprus
5
Debt Collection Services
Call Centre
Site Visits
Service for - KYC - Know Your Customer
KYC Reports
ID and Passport Authentication Services
Due Diligence Investigations
Vinciworks
Online Trainings
Policy Tracker
Risk Management System
Infocredit Group Global Online Ordering Platform
Through our unique Online Ordering Platform, you are
able to purchase online any report that we might have
updated recently or place a fresh investigation for any
company or individual globally.
Furthermore, you are able to review the process of your
orders and download the reports you have purchased as
many times as you wish.
Through our database you are able to search for individuals
and companies globally.
Information in our database include the below:
Basic Registered Details and Contact Details
Financial Statements
Fresh investigations for more than 8,000 Companies
Monthly
Telephone communication with more than 150
companies on a daily basis
Trade References from suppliers of companies locally
and internationally
Desk Research for all investigations we perform
Relationships of legal and physical entities with other
physical entities
Detrimental Information
Infocredit Group Database
International Credit Reports
By utilizing data collated from official sources and with
information retrieved during interview with the subject
company, we provide you with an accurate and concise
overview of a company’s structure, activities and
financial health.
Each report is freshly investigated and aims to retrieve all
available data including:
Company Registration and Contact Details
Principals and Shareholders (current and previous)
Activities and Operations
Payment Records / Bank Charges & Mortgages
Negative Information / Bankruptcies / Defaults
Financial Statement Information
Credit Scoring Assessment based on financial and
non financial variables
Underwriters Opinion whenever this is requested by
our clients
We utilise multiple investigations to retrieve all available
information concerning an individual, including:
Personal information (contact and identification details)
Operational background
Directorship and Shareholding interests
Property ownerships
Negatives information
Criminal prosecutions and civil litigations
It is important to note however, that each country implements
its own laws in terms of access to personal data, therefore the
information contained in each report will vary from country to
country.
Individual Reports
Legal Documents and Official Certificates
Official Business Certificates and Legal Documents (apostiled
or not), are obtained from the appropriate state authorities in
each country.
We can obtain documents including, but not limited to:
Criminal Records
Certificate of incorporation
Certificate of Goodstanding
Memorandum and Articles of Association
Certificate from Chamber of Commerce/Industry
Certificate of Shareholders
Certificate of Directors
Certificate of Capital
Certificate of Financials
During the Site Check our researchers physically visit a
specified address and use corporate observation, to verify
existing information concerning the subject company and
photograph any evidence.
Specifically, Physical Site Checks can provide information on
the following;
Business premises, size and address
Evidence of company name, logos and other
branded material
Transportation vehicles and logistic operations
Production or manufacturing capabilities
Employees and working conditions
While Site Checks are reliable in terms of the information
outcomes they offer, there are specific constraints to each
country that must be taken into account before an
investigation can commence.
Site Checks
The Ongoing Monitoring Service offers our clients the
opportunity to know of any impending changes or recently
implemented changes concerning their business partners.
The monitoring can be applied on any information in our
database including detrimental:
Changes in Registered Name
Change in the status of the company
(Dissolved/Under Dissolution etc)
Change in the Registered address
Change in the legal type of the company
Change in Directors
Listing of any detrimental Information available to us
Change in Scoring Level of the company
Changes in Shareholders
Changes in Capital
Any other update regarding the company
Ongoing Monitoring Service Marketing Lists
Infocredit Group marketing lists collate marketing contacts
appropriate for any marketing campaign you are planning,
allowing you to communicate your messages effectively to
the relevant recipients.
Our Dynamic software enables you to create a customer
database, specific to your criteria, which in turn allows you
to maximize the impact of your campaign and the reduce
the cost of advertising.
Our marketing lists work with your requirements in mind
and filter all customers to create a unique contact list. By
doing this you will not have to address the whole market
as one in order to attract new customers.
Debt Collection
Through our team of local experts and international
network of collection professionals, our debt
collection service helps you to retrieve unpaid debts.
First we identify and trace the subject company
or individual debtor; this is the foundation of
each case.
The next step is to establish contact with the
debtor, through letter, phone or personal visit.
Ultimately, the goal of each collection case is to
retrieve unpaid debts; whether this is through
amicable means or legal actions.
Infocredit Group has the capabilities to
facilitate every stage of the collection process.
We can perform on behalf of our clients any
communication they might need with their clients or
prospects
Advantages of Service
1. It can be used for the update of the clientele
database
2. We can handle any case of Debt Collection
3. We can remind the clients/prospects about
upcoming events/payment of invoices etc
4. We can update the clients/prospects regarding
new services and products
Call Centre Service
Through the System Integration, we provide our partners
the capability to reduce the time needed to verify the data
of their customers and also evaluate their financial
standings.
Depending on what you choose to integrate you will
receive information concerning the below:
Credit Scoring
Information of Credit Report
Information for related entities
Ongoing monitoring and Updates
By receiving the information directly in your system, you
will be able to:
Avoid internal time consuming procedures for opening a
new customer’s account.
Automatic monitoring procedure for entities listed in your
database and immediate access to information regarding
their transactional behaviour.
Avoid errors in the listing of details of customers in your
database.
System Integration Verification of ID and Passport DetailsThrough our online solution you will be able to automate
the capturing, classification, authentication and conversion
of ID documents and document images to workable digital
records.
Our system enables you to:
Reduce dependence on manual processing
Avoid human errors
Speed-up customer processing
Increasing traffic handling capacity
Save operating costs both on human and
material resources
Boost CRM data quality
Empower KYC compliance
Detect and deter sophisticated ID facility
fraud
With a Drag and Drop functionality our system will provide you
in a matter of seconds feedback on the authenticity of the
document you are reviewing.
KYC Solutions
We offer a range of KYC Solutions that allow you to screen
both individuals and companies, to retrieve information
concerning suspicious activity including money laundering
and terrorist financing, as well as fraudulent behavior such
as drug, gun or human trafficking and similar financial
crimes. Data sources include:
Sanctions Lists
Enforcement Lists
PEP Lists
Adverse Media Databases
The Due Diligence service provides an extensive and in depth
analysis of an individual or company
Our Due Diligence investigations start with a
standardized research process in order to identify the
subject and ascertain contact details and basic company
or individual information
Using this information, we are able to customize our
investigation accordingly, researching each lead
systematically depending on the scope of investigation
set by the client
Due Diligence
Training for Compliance
For complying with global legislations for Compliance and KYC
you need to have enhanced knowledge of the specific
legislations, of best practices but also of your local
legislations
Through our Training sessions you and your employees
will have the appropriate knowledge and skills to protect
your company's’ goodwill against cooperation's that
could be harmful
Our training sessions include
Global Legislations for Compliance
Local Legislations (based on each country)
Best Practices
Tests to understand the knowledge acquired by the
training
Recurring training sessions within few months
Training for Risk management
Whether you are interested in enhancing your employees
knowledge for best practices in the field of Risk Management,
or if you would like to build your own internal processes, our
experts trainers n the field of Risk Management will be able to
assist you in addressing matters like:
Evaluating new clients
Constant Monitoring and re evaluation of existing
clients
Internal debt collection procedures
Customer Support best practices
Sales Vs Credit Control – how to manage both
departments
Services provided via VinciWorks
Online Trainings:
Compliance
Anti Money Laundering
Other Customized Trainings built to meet your needs
Policy Tracker System
Internal employee trainings for various policies in your organization
Risk Management System
Global Coverage
We can provide with Credit Risk Management Services for any country Worldwide specializing in
Europe and the MENA Regions
Contact Us
Headquarters: Phillipou Hadjigeorgiou 5A, AcropolisNicosia 2006, CYPRUS
Middle East Office: SAIF , P.O. Box 122721, Sharjah, UAE
Mailing: Po Box 28566Nicosia 2080, CYPRUS
Tel: (357) 22 398000Fax: (357) 22 458937
Email: [email protected]
Visit: www.infocreditgroup.com
www.infocreditworld.com