Not knowing the individuals or companies with which your organization is related implies risks that may bring not only economic losses or judicial consequences but also reputational damage, and mitigating such risks may require a lot of time and money. When hiring staff, contracting suppliers, consultants or in general associating with other organizations or individuals, it is necessary to have as much information as possible.
If you are not aware of who you are dealing with, you may run different risks, including:
Legal risks, such as fraud, corruption, free competition infringement, money laundering, etc
Economic damage due to asset loss or theft
Reputional damage derived from unethical conduct
One of the best ways of knowing the other party is having a Due Diligence investigation conducted.
Our G5 team has more than 10 years of experience in carrying out Due Diligence checks in Latin America. We are able to design the scope of the investigation based on the client’s needs and each particular situation. Our Due Diligence team is trilingual (they speak Spanish, English and Portuguese) and use specific tools as well as different public-access databases. Our analysts are trained to assess the results obtained within their context and are thus able to provide our clients with useful and reliable information to make decisions. This is key because the problem that we often face is not the lack of information but the inability to process the same. Our team of analysts, who are experts not only in gathering information but also in the peculiarities of the Latin American region, ensure that you receive the valuable information you need in a precise and clear way, so you do not need to lose time reading information of little value or data which relevance cannot be possibly determined. This will help you make the most appropriate decisions for your company.