KYC360° will provide subscribers with news, information and webinars and also includes an updated version of the original customer screening tool, RiskScreen.

Founder Stephen Platt, who also runs regulatory investigation practice Stephen Platt & Associates in Mulcaster Street, explained that over the eight years it had been in existence, KYC360° had attracted 36,000 members in 134 jurisdictions, as well as thousands of searches on RiskScreen.

However, since then the risks have grown exponentially, he told potential customers at a product launch last Thursday.