An Emerging Threat
The international financial system has grown in complexity in recent times. This has led to the development of increased capital flows and unregulated movement of goods and services, with a decreasing emphasis on borders. While these changes have led to more efficient markets and greater economic freedom, nefarious entities have capitalized on the lack of oversight in certain areas. In the twenty-first century, warfare has shifted from physical predominance to economic levers. Thus, transnational organizations and rogue states are able to devise sophisticated evasion techniques that are profitable but largely undetected by the untrained eye. Checkmate IQ was founded to identify these errant behaviors and prevent the accumulation of liability in the private sector. In addition, we are able to assist the public sector by articulating the challenges and offering creative solutions to finding the root cause of deceptive practices.
Our Financial Intelligence practice customizes our clients' needs and provides meaningful strategies to overcome hurdles inherent in internal investigations and beyond.
Checkmate IQ assists financial institutions with their compliance structures to better adapt to recent methods that nefarious actors use in the global financial system. Often, banks and asset managers overlook critical red flags when conducting due diligence simply because they limit themselves to industry guidelines. Unfortunately, due to the creative evasion of unscrupulous entities, company standards may not adequately identify illicit capital movement until it is too late. As a result, financial institutions and asset managers have faced enormous penalties that affect operational and shareholder standards. Checkmate IQ will work with financial institutions to uncover concealed methods of capital movement before they become hazardous to the firm's bottom line.
Checkmate IQ unmasks deceptive behaviors of individual and organizational actors in the international financial system. Oftentimes, due to the complexity of markets and capital flows, intrinsic risks evolve unnoticed until regulatory authorities connect the dots and unravel the subtle methods that unscrupulous actors use to profit from seemingly trustworthy systems. As a result, financial institutions are increasingly at risk for liabilities resulting from gaps in compliance and oversight. Checkmate IQ assists banks, asset management firms, and investment advisors by promoting various preventative measures that might identify inherent risks before they become a liability to the firm's longevity.
In addition to advising the private sector, Checkmate IQ offers services to government agencies, both federal and local, by adding insightful experience to investigations. With the firm's network of insiders, we provide the technical expertise in fraudulent investment practices that may lead to more efficient and effective outcomes of any investigation. With our relationships in our nation's capital, we can leverage influence to make a meaningful inquiry, translating into better public service.
Complexities in today's world require fresh perspectives. In order to transact business beyond boundaries, corporations and individuals need a comprehensive understanding of cultural intricacies that may either clinch or hasten a deal. That is why Checkmate IQ creates a winning formula to facilitate high-stakes business strategies, customized to our client's specific needs. Our network of professionals include in-country specialists that can help ensure success for firms' international expansion efforts.