Frequently asked questions
Pricing, data sources, accuracy, security, integrations, and how VerityRadar produces audit-ready reports. For deeper compliance reference (sanctions, PEPs, CDD/EDD, KYB) see the Compliance Knowledge Hub.
Product
What is VerityRadar?
A compliance-intelligence platform that runs sanctions, PEP and adverse-media screening across 2,200+ catalogued compliance data sources and structures the findings into AI-generated, audit-ready investigation reports for advisory firms.
What is the difference between VerityRadar and a name-screening list provider?
List providers ship raw lists. VerityRadar applies fuzzy and contextual matching, deduplicates against your own customer data, and produces a structured report with rationale, evidence and an audit trail – so the analyst spends time on judgement, not on assembly.
Data & coverage
What lists are screened?
All major sanctions regimes (UN, OFAC SDN + sectoral, EU CFSP, UK OFSI, AU DFAT, CA, CH and others), debarment lists (World Bank, ADB, IMF), domestic enforcement and law-enforcement lists where publicly available, and curated PEP and adverse-media datasets.
Where does the underlying data come from?
All sanctions, PEP, watchlist and corporate-registry data is collected from primary public sources and trusted open-data infrastructure including OpenSanctions – issuing regulators (OFAC, OFSI, DFAT, EU CFSP, UN Security Council), national company registries, and reputable adverse-media outlets. Every finding in a report cites its source URL and the date it was retrieved.
Can I screen entities and companies, not just individuals?
Yes. VerityRadar screens individuals, companies, trusts, vessels, aircraft and other entity types. For companies it also checks beneficial ownership structures and corporate registry filings where publicly available.
How quickly are list updates reflected?
Most sanctions list updates (OFAC, EU CFSP, OFSI, DFAT) are ingested within 4 hours of publication. PEP and adverse-media datasets refresh daily. All updates carry a timestamp so you can verify coverage against regulator timelines.
How can I check whether a specific list is covered?
If you need confirmation that a specific source is covered, contact VerityRadar and we will confirm the current source set and refresh cadence. A public list registry is planned.
Screening & monitoring
How does ongoing monitoring work?
Once a subject is screened, VerityRadar re-checks monitored entities as list updates are ingested and surfaces new matches in the dashboard. Email delivery is available for selected workflows; webhook delivery is on the roadmap.
How are false positives handled?
VerityRadar uses contextual matching that weighs date of birth, nationality, jurisdiction, aliases and entity type – not just name strings. Analysts can dismiss a match with a rationale that is logged for audit. Dismissed matches do not re-alert unless the underlying record changes materially.
How fast is a typical investigation?
A clean single-entity check typically completes in around a minute. When a confirmed sanctions or PEP match is detected, the system runs a deeper second-pass review for compliance precision – this can extend the wall-clock to up to three minutes for those cases. Bulk batches scale linearly; a 1,000-entity batch completes within minutes, depending on plan-level concurrency.
Can I screen in bulk?
Yes. Upload a CSV or call the batch API endpoint. VerityRadar processes entities concurrently and returns a consolidated report with per-entity findings, statuses and alerts – suitable for periodic portfolio re-screening.
What does the onboarding workflow look like?
Sign up, create a workspace, then add subjects manually or via CSV upload. VerityRadar runs the initial screen, presents matches for review, and enrolls accepted subjects into ongoing monitoring automatically – no integration work required to start.
How does VerityRadar score matches?
Each potential match receives a confidence score based on name similarity, date-of-birth proximity, nationality overlap, known aliases, and entity-type consistency. Analysts see the score breakdown and can accept or dismiss with logged rationale.
What format does the batch upload accept?
CSV with a header row. Required columns: name. Optional columns: dob, nationality, entity_type, id_number, country. Additional columns are preserved in the output for reconciliation with your source system.
AI & reports
Does the AI invent or hallucinate findings?
No. The AI structures and summarises findings that are first retrieved deterministically from primary sources. Every claim in a VerityRadar report carries an inline citation back to the source document. If the underlying data does not support a claim, the AI will not include it.
Does VerityRadar replace my MLRO?
No. VerityRadar produces evidence and structured reports that support a regulated firm’s risk-based decisions. The MLRO (or equivalent) remains the accountable person for accepting the customer, escalating risk, and filing reports under the firm’s AML/CTF programme.
What does the audit trail include?
Every screening event records: who initiated it, when, the exact query parameters, all matches considered (including dismissed ones), the rationale for each decision, and a timestamped PDF/JSON export suitable for regulator review.
How does VerityRadar produce an investigation report?
The platform first performs deterministic matching against all configured lists. Confirmed and potential matches are then passed to an AI layer that structures findings into a narrative with headings, evidence citations, and risk indicators – producing a report format ready for MLRO sign-off or client delivery.
Can reports be exported?
Yes. Every report can be downloaded as PDF (branded with your firm’s details on Enterprise), JSON (machine-readable for case-management import), or viewed on-screen. Audit-log entries link back to the exact report version that was exported.
Plans & billing
How is VerityRadar priced?
Two plans – Explorer (free, low-volume manual checks) and Professional (AUD $599/month, includes ongoing monitoring, batch screening, audit-ready reports and a small team workspace). Enterprise pricing is custom and supports tailored onboarding and integration planning.
Is there a free trial?
The Explorer plan is free forever for low-volume manual checks. For Professional features (batch screening, ongoing monitoring, team workspace) a 14-day trial is available – no credit card required.
How many users can be on one account?
Explorer is single-user. Professional includes up to 2 team seats with role-based access. Enterprise supports larger teams with custom workspace planning and per-user audit trails.
Compliance
Is VerityRadar suitable for AUSTRAC tranche-2 entities?
Yes. VerityRadar covers the screening, KYB, EDD-trigger and ongoing-monitoring workflows that tranche-2 reporting entities need to evidence under the AML/CTF Act 2006. The current commencement date is 1 July 2026, and records are retained for the statutory seven-year period.
How long is screening data retained?
Seven years by default, aligned with AML/CTF record-keeping obligations in Australia, the EU (5th AMLD) and the US (BSA). Enterprise customers can configure shorter or longer retention to match their own regulatory environment.
Which jurisdictions are covered?
VerityRadar covers sanctions and PEP data from 130+ jurisdictions, with deepest coverage for Australia, the United States, the European Union, the United Kingdom, Canada and Switzerland. Regional-specific screening rules (e.g. AUSTRAC, FinCEN, FCA) are supported natively.
Is the output accepted by regulators?
VerityRadar’s reports are designed to meet the record-keeping and evidence standards expected by AUSTRAC, FCA, FinCEN and comparable regulators. The platform does not replace the firm’s own risk assessment or decision – it provides the evidentiary package that supports it.
Can I configure screening by jurisdiction?
Yes. Workspaces can be configured to screen against specific list sets – for example, only OFAC + UN for US nexus, or DFAT + UN for Australian obligations. Ongoing monitoring applies the same list configuration automatically.
Security & integration
What about data residency and security?
Customer data is encrypted at rest and in transit. Production data is hosted in Australia by default. Vulnerability reporting details are published in security.txt.
Can I integrate via API?
Yes. A REST API and an MCP server are available so that screening, monitoring and reporting can be triggered from CRM, case-management or AI-agent workflows. Contact VerityRadar for current API onboarding details.
Are webhooks supported?
Not yet. Monitoring updates surface in the dashboard, and email delivery is available for selected workflows. Outbound webhook delivery is on the roadmap.
Does VerityRadar support SSO?
Current access uses secure magic-link sign-in. Enterprise SSO and MFA are being planned for future releases; contact VerityRadar if you need those controls for a pilot or procurement review.