Cedar Rose’s investigative due diligence framework goes beyond standard metrics
(MENAFN – Mid-East.Info)
Antoun Massaad, cofounder and CEO of Cedar Rose
COVID-19 has shut down much of the global economy, which has had a drastic impact on all aspects of business. There have been major changes in global and local economies and business entities. Traditional models and techniques of due diligence analysis are also undergoing a fundamental transformation, especially when paper documents are inaccessible, in-person meetings have been moved online, and site visits are difficult.
Cedar Rose’s sophisticated data analysis, combined with a range of global forensic screening services, goes beyond standard due diligence measures.
Antoun Massaad, cofounder and CEO of Cedar Rose, said: “ The risks businesses face have increased due to market uncertainties from COVID-19. As a result, companies must be extremely vigilant to protect themselves against any type of fraud and bad reputation. At Cedar Rose, we offer a wide range of globally recognized due diligence services that help our clients stay compliant while avoiding the risk of being associated with the criminals, terrorists and the organizations they hide behind. In addition, we comply with international laws such as the Anti-Bribery Act and the FCPA (Foreign Corrupt Practices Act), which makes us a trusted organization by international brands, banks, auditors, governments, investors, journalists and business intelligence peers. ”
Cedar Rose’s multilingual research teams, with more than 20 years of experience, have a global network of proven and reliable local connections and resources in the field capable of conducting international field investigations in a discreet manner and compliant.
Antoun explained, “ We conduct extensive surveys of companies and individuals around the world to provide better understanding and better assessment to our third party clients such as clients, suppliers, agents, distributors and consultants. , among others. Before entering into a business relationship, as part of a credit or compliance risk management process, it is essential to have a clear assessment of the different partners involved. Sometimes quick compliance checks are not enough to uncover critical information. Therefore, in addition to monitoring publicly available data, site visits and interviews with sources in the field are often necessary to avoid any problems in the future. ”
Cedar Rose offers the following due diligence products.
EDD (Enhanced Due Diligence) investigation on a company or an individual
Compliance checks, including
Ø Global sanction and watchlist
Ø Political associations and connections (PEP / SOE)
Ø Unwanted media
Local reputation survey (requests for sources)
Copy of original company documents
Search for legal files on a company or an individual
Mandates and participations held by a company or an individual
Search for legal notices and published gazettes
Site visit report with digital photographs
About Cedar Rose :
Founded in 1997, Cedar Rose has been at the forefront of providing world-class business intelligence and credit risk solutions to leading companies in more than 230 countries around the world.
Recognized for its accuracy, reliability and quality, Cedar Rose specializes in offering a full range of credit risk, compliance and business data solutions (being the owner of the largest database and information on companies, shareholders and directors in the MENA region).
Through continuous innovation, investment and development of talents and technology, the main objective of the company over the past 24 years has been to raise the quality of credit risk services, compliance and regulation in the MENA region to the highest international standards. In partnership with its clients, Cedar Rose helps businesses mitigate regulatory, operational and reputational risks associated with their businesses.
Cedar Rose has been recognized with several prestigious awards and accreditations, including the Award of Excellence in Export Credit and International Credit and Collections for three consecutive years – 2016, 2017 and 2020; European Company Award – 2017/2018; and Experian Sponsored Trade Credit Information Provider of the Year Award – 2019.
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