On Wednesday, the London Stock Exchange Team (LSEG) announced the launch of World-Check Verify, a cloud-native compliance screening solution powered by Amazon Internet Solutions (AWS), developed to perfectly incorporate checks straight into settlement and onboarding procedures.
World-Check Verify aims to aid financial institutions fulfill the demands of the fast-moving digital economy, where instant repayments, ingrained financing and more stringent regulations are reshaping conformity demands, according to LSEG.
The new API is stated to provide real-time testing against LSEG’s trusted World-Check information without slowing transactions or customer onboarding.
David Wilson, team head of LSEG Danger Intelligence, said: “World-Check Verify makes conformity invisible– with prompt, relied on information making sure screening takes place behind-the-scenes, at the specific minute it’s needed, so settlements and onboarding continue to be immediate and seamless.
“It sets a new standard for ingrained conformity in a globe where rate, trust fund, and accuracy should exist together.”
The company discussed that the remedy is made to scale quickly, with reduced latency and solid personal privacy safeguards, making it appropriate for electronic systems, neobanks and organizations managing high volumes of cross-border deals.
By utilizing AWS’s facilities, the solution offers strength, adaptability and secure handling of data, while enabling advanced configuration to line up with firms’ policies.
Alison Kay, vice-president and handling director of AWS UK and Ireland, said the solution “ranges immediately to satisfy demand spikes, reduces infrastructure overhead, and leverages sophisticated analytics to transform the manual work concern that 77 % of institutions have problem with right into an automated, reliable process.”
The launch complies with LSEG’s 2025 Worldwide Threat Knowledge Study, which found that 98 % of organizations currently check out real-time information as vital to compliance.