08 May 2024

Ondato Stresses the Importance of Ultimate Beneficial Owner Discovery in New Venture Capital Whitepaper

Written By Ondato

Ondato Stresses the Importance of Ultimate Beneficial Owner Discovery in New Venture Capital Whitepaper

Ondato, a London-headquartered company that offers solutions for Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance, has published a whitepaper on strengthening due diligence measures in venture capital, which stresses the risks associated with venture capital investments.

The success of these investments hinges on thorough due diligence processes. Ondato's whitepaper addresses this critical need by offering a comprehensive framework designed to empower investors with the knowledge and tools necessary to make informed decisions.

The whitepaper explores the stringent due diligence process that venture capital firms must employ when considering potential investments. As the whitepaper points out, the average due diligence process takes 3-5 weeks. Ondato explains the steps and tools needed to cut that time down without sacrificing security.

“The importance of robust due diligence practices cannot be overstated," said Liudas Kanapienis, CEO and co-founder of Ondato. "Our whitepaper aims to equip investors with the knowledge and tools needed to navigate this due diligence journey with confidence."

Drawing on years of industry expertise and insights, the whitepaper delves into various aspects of due diligence, including regulatory compliance, sanctions and money laundering risk assessment, and process optimisation. It provides practical strategies for evaluating investment opportunities, identifying red flags, and mitigating potential risks.

The release of Ondato's whitepaper comes at a time when investors are increasingly seeking reliable resources to guide their investment decisions. By offering practical insights and actionable strategies, Ondato aims to empower investors to maximise their investment potential while minimising risks.

For more information, download the whitepaper.

 

About Ondato

Ondato is a global leader in identity verification and compliance solutions, empowering businesses to verify and authenticate their customers seamlessly and securely. With cutting-edge technology and a commitment to innovation, Ondato is transforming the way businesses approach identity verification and compliance, enabling them to operate with confidence.

 

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