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LSEG launched World-Check On Demand, a real-time risk intelligence platform aimed at improving access to sanctions, PEPs, adverse media, and enforcement data.
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New research shows 98% of financial institutions see real-time risk data as vital, with many facing delays and inefficiencies due to outdated compliance systems.
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The API-delivered platform uses AI to reduce false positives, enhance detection, and integrate smoothly with existing infrastructure to streamline compliance.
LSEG Risk Intelligence, the provider of risk management solutions, has launched World-Check On Demand, a real-time risk intelligence platform designed to transform how financial institutions access sanctions, politically exposed persons (PEPs), adverse media, and enforcement actions data.
New LSEG research has revealed widespread operational challenges across the sector. According to the report, of the 850 senior risk and compliance leaders at top financial institutions surveyed:
- 98% of financial institutions consider real-time access to sanctions and risk data important to their compliance workflows, with 62% rating it as “very important” – making it the top consideration when selecting a screening tool for 59% of respondents.
- 80% of financial institutions report onboarding or payment delays occurring at least occasionally due to compliance screening (31% face them often, and 6% experience delays every single time).
- 75% of institutions face integration issues with existing systems, 67% struggle with inflexible screening tools, and 64% experience delays in data updates: pointing to a misalignment between current IT systems and operational needs that drives inefficiencies in screening processes.
As such, the platform addresses what David Wilson, Group Head of LSEG Risk Intelligence, describes as an industry inflexion point. “Navigating a new era of risk and compliance requires more than just data – it demands intelligence that’s real-time, accurate, and most importantly, trusted,” he said.
“With World-Check On Demand, we are delivering just that – enabling our clients to act faster, smarter and with confidence, while reducing operational cost.”
Delivered via API, World-Check On Demand provides continuously updated risk intelligence that can be integrated into existing technology infrastructure, from onboarding platforms to transaction monitoring systems.
The platform’s AI-enabled data is designed to help compliance teams detect risk earlier, reduce false positives – cited as a persistent challenge by 75% of survey respondents – and streamline operations while maintaining data transparency.
The launch coincides with the 25th anniversary of World-Check, which has become a cornerstone screening tool for financial institutions navigating increasingly complex regulatory environments.
The new platform reflects broader industry demands for solutions that can keep pace with evolving compliance requirements whilst reducing the operational friction that has become a hallmark of traditional screening processes.