I want to reduce compliance risk by validating counterparties against an official German register source.

This feature helps you validate counterparties against an official German register source to support compliance checks. It reduces compliance risk by enabling more reliable verification during onboarding and ongoing monitoring.

This feature enables you to validate counterparties using an official German register source as part of your compliance workflow. Its purpose is to help you confirm that a counterparty’s registration details align with what has been provided during onboarding or due diligence. Users can perform checks when adding a new counterparty and repeat them periodically to support ongoing monitoring. The feature supports consistent verification by referencing an official source rather than relying solely on self-declared information. It helps reduce compliance risk by making it easier to detect discrepancies that could indicate misrepresentation or outdated records. Compliance and operations teams can use the validation results to decide whether to proceed, request additional documentation, or escalate for review. It is particularly useful for KYC/AML-related processes where confirming legal entity existence and basic register details is required or recommended. The feature can also support internal audit readiness by demonstrating that counterparties were validated against an official register source. Overall, it improves confidence in counterparty data quality and strengthens compliance controls around third-party relationships.