RiskScreen became a paid-for due diligence monitoring product in 2016, after 10 years of being free. Jinfo's recent mini review by Penny Crossland looked at how the new offering stacks up.
When a product changes its model from free to paid-for, we at Jinfo are always interested to see whether the product offers value for money. One such product that recently changed its monetisation model is RiskScreen, with options from Pay As You Go to enterprise packages.
From free to paid-for
The subject of a recent Jinfo mini review, RiskScreen is an enhanced due diligence monitoring product allowing you to use it to search for adverse news and risk-based sources such as sanctions lists and PEP (Politically Exposed Persons) data.
As reviewer Penny Crossland explains, "The tool has undergone several changes, the most significant being at the beginning of 2016, when it began to monetise the service after 10 years of free searching."
Penny looked at the service for Jinfo in 2014, when it was free, and then found that RiskScreen was "a very useful tool for investigative researchers" but that it did "have its flaws: searching is in English only and it seems that it is only possible to read the first 100 results of a search, which can be frustrating".
Fast-forward to 2017 and the product now supports multi-language searching and the search results are far more comprehensive than in 2014, whether using the standard or Pro editions.
How does it fare against competitors?
The "Mini review of RiskScreen from KYC360" positions RiskScreen in relation to some solid competitors, notably the likes of Thomson Reuters World-Check and Dow Jones' Risk Database, and explains how well it can compete in terms of content and search functionality.
Jinfo Subscribers can log-in now to find out more about the changes, value, data and deep web sources, as well as to see how our researcher put the product through its paces in terms of searches and outputs, in the "Mini review of RiskScreen from KYC360".
This Research Focus provides analysis, expert articles and product reviews on the state of play for current awareness services. (October - December 2017).
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