Dynamic Enhanced Due Diligence with Didit's Workflow Builder

Automate Complex EDDDidit's Workflow Builder allows financial institutions to design and automate multi-step Enhanced Due Diligence processes without writing a single line of code, significantly reducing manual effort.

Adapt to Evolving RisksLeverage conditional logic and real-time data to create dynamic workflows that automatically adjust EDD requirements based on a customer's changing risk profile, ensuring continuous compliance.

Improve Customer ExperienceBy orchestrating a seamless, risk-tiered verification journey, businesses can reduce friction for low-risk customers while applying rigorous checks where truly needed, balancing security with user experience.

Reduce Operational CostsConsolidate identity verification, biometrics, AML screening, and fraud detection within a single platform, cutting down on fragmented vendor solutions and associated operational expenses.

The Challenge of Enhanced Due Diligence in a Dynamic World

Enhanced Due Diligence (EDD) is a critical component of Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) efforts for financial institutions and regulated businesses. Unlike standard Know Your Customer (KYC) checks, EDD involves a deeper, more rigorous investigation into high-risk customers, politically exposed persons (PEPs), or those involved in high-risk transactions or geographies. The goal is to gain a comprehensive understanding of their identity, source of funds, and nature of business to mitigate financial crime risks.

However, traditional EDD processes are often manual, time-consuming, and inflexible. They struggle to adapt to the rapidly evolving landscape of financial crime, new regulatory requirements, and the increasing sophistication of fraudsters. This rigidity leads to higher operational costs, slower customer onboarding, and a less-than-ideal customer experience, especially for those who might be unnecessarily subjected to lengthy checks. The rise of AI-generated identities and deepfakes further complicates the matter, demanding more intelligent and adaptable verification systems.

Introducing Didit's Workflow Builder: Dynamic EDD at Your Fingertips

Didit's Workflow Builder is a game-changer for Enhanced Due Diligence. It provides a visual, no-code environment where businesses can design, automate, and manage complex identity verification and risk assessment flows. Instead of relying on static, one-size-fits-all processes, the Workflow Builder enables dynamic EDD that adapts in real-time based on risk factors, customer segments, and regulatory mandates.

This powerful tool allows you to orchestrate a series of identity primitives – from ID verification and biometric checks to AML screening and fraud signal analysis – into a cohesive, intelligent journey. You can define conditional logic, set thresholds for auto-approval or manual review, and even implement retry logic, ensuring that every customer receives the appropriate level of scrutiny without unnecessary friction.

Practical Examples of Dynamic EDD with Didit

Let's explore how the Workflow Builder can be applied to real-world EDD scenarios:

Scenario 1: High-Value Transactions in a Regulated Industry

• Initial Trigger: A new customer attempts to transfer a significant sum of money, exceeding a predefined threshold.
• Workflow Steps:
  1. Standard KYC (ID + Liveness + Face Match): First, verify the customer's identity and liveness.
  2. AML Screening: Automatically screen against global sanctions lists, PEP databases, and adverse media.
  3. Conditional Logic (Risk Score): If the AML screening returns a high-risk score or a PEP flag, trigger additional EDD steps.
  4. Proof of Address: Request and verify utility bills or bank statements to confirm residency.
  5. Source of Funds Questionnaire: Automatically present a digital questionnaire to collect details about the origin of the funds.
  6. Database Validation: Cross-reference extracted data against government databases for enhanced assurance.
  7. Manual Review Flag: If any EDD step indicates elevated risk or is inconclusive, automatically route the case to a compliance officer for manual review, with all collected evidence readily available in the Didit Console.

Scenario 2: Onboarding a Business Client with International Operations

• Initial Trigger: A corporate client from a high-risk jurisdiction (e.g., FATF grey list) begins the onboarding process.
• Workflow Steps:
  1. ID Verification (Directors/Beneficial Owners): Verify the identities of key individuals associated with the company using NFC-enabled document checks for higher assurance.
  2. AML Screening (Individuals & Entity): Screen all relevant individuals and the corporate entity against watchlists.
  3. Conditional Logic (Country Risk): If the country is designated high-risk, automatically initiate further checks.
  4. Custom Questionnaires (KYB): Deploy a dynamic Know Your Business (KYB) questionnaire to gather information about the company's structure, operations, and ultimate beneficial ownership (UBO).
  5. Ongoing AML Monitoring: Enroll the corporate entity and key individuals in continuous AML monitoring, with alerts triggered for any new sanctions hits.
  6. Manual Review Flag: Any discrepancies or high-risk flags automatically create a task for the compliance team to conduct deeper research, including potentially requesting audited financial statements.

Key Capabilities for Robust EDD

Didit's Workflow Builder integrates seamlessly with a comprehensive suite of verification modules, offering unparalleled flexibility for EDD:

• ID Document Verification & NFC Reading: Verify government-issued IDs with advanced fraud detection and cryptographic chip reading for e-passports, providing the highest level of document authenticity.
• Biometric Verification (Passive & Active Liveness, Face Match): Confirm the user is a real, live person and matches their ID document, effectively combating deepfakes and spoofing.
• AML Screening & Ongoing Monitoring: Real-time screening against 1,300+ global watchlists, including PEPs and sanctions, with continuous re-screening to catch emerging risks.
• Proof of Address: Automate verification of address documents, linking individuals to their declared residences.
• Database Validation: Cross-reference identity data against official government databases for added assurance.
• Custom Questionnaires: Design bespoke forms to collect specific information required for complex EDD cases, such as source of wealth or business purpose.
• Fraud Signals (IP Analysis, Device Data): Analyze background data to detect suspicious activity and potential fraud indicators.

By combining these modules within dynamic workflows, businesses can move beyond rigid checkbox compliance to a truly intelligent, risk-adaptive EDD strategy.

How Didit Helps

Didit provides a unified platform that brings all core identity primitives in-house, eliminating the need to stitch together multiple vendors. This consolidation offers several key advantages for EDD:

• Single Source of Truth: All verification data, risk scores, and audit trails are consolidated in the Didit Console, providing a holistic view of each customer's risk profile.
• Faster Onboarding: By automating and optimizing EDD flows, you can significantly reduce the time it takes to onboard high-risk customers, improving conversion without compromising security.
• Reduced Manual Reviews: Intelligent automation and conditional logic minimize the need for manual intervention, freeing up compliance teams to focus on truly complex cases.
• Cost Efficiency: Didit's pay-per-success model and competitive pricing, often 3-5x cheaper than competitors, drastically cut identity costs by up to 70%, especially when scaling EDD operations.
• Agile Compliance: Quickly adapt workflows to new regulatory requirements or emerging fraud patterns without developer intervention, ensuring continuous compliance.
• Enhanced Fraud Detection: The combination of advanced biometrics, ID verification, AML, and fraud signals provides a robust defense against sophisticated financial crime.

Ready to Get Started?

Transform your Enhanced Due Diligence from a manual burden into a dynamic, intelligent, and cost-effective process. Explore Didit's Workflow Builder and discover how easy it is to build sophisticated, risk-adaptive identity verification flows. With Didit, you can ensure robust compliance, mitigate risk, and provide an exceptional experience for all your customers.

Visit our pricing page to see how much you can save, or dive into our technical documentation to begin building your first workflow today. For a personalized demonstration, contact us.