Solutions / UBO & Related Parties
Map ownership and control before hidden risk reaches approval
Use Checklynx to record UBOs, controllers, directors, signatories, and related parties, understand ownership chains, and connect that context to onboarding, screening, cases, and customer risk assessment.
Ownership and control
Make ownership context part of the compliance workflow
UBO management is not just storing names. It gives compliance teams the ownership and control context needed to understand who is behind a customer, which relationships matter, and what evidence supported the review.
Map UBOs, shareholders, controllers, directors, authorized signatories, representatives, trustees, protectors, and other related parties.
Capture ownership percentages, effective ownership, control types, source, status, start dates, notes, and relationship paths.
Use ownership and related-party context during onboarding, screening review, case handling, and customer risk assessment.
Preserve versions, timestamps, notes, sources, relationship changes, and audit events so reviewers can explain the structure later.
UBO workflow
From ownership structure to review context
Capture related parties, assign roles and control types, map direct and indirect ownership, and keep the resulting structure available for onboarding, screening, case review, and customer risk assessment.
| Stage | Enterprise context | Outcome |
|---|---|---|
| Entity customer | Company, jurisdiction, registration, customer record | Defines the subject under review. |
| Related parties | UBOs, directors, signatories, controllers, representatives | Adds the people and companies connected to the customer. |
| Ownership structure | Direct, indirect, effective ownership, control type | Shows how control or benefit flows through the structure. |
| Risk context | Screening status, CRA outcome, notes, source, status | Supports onboarding and review decisions. |
| Evidence retained | Versions, timestamps, relationship changes, audit events | Explains the ownership review later. |
Why separate ownership from basic KYB?
KYB identifies the business. Ownership and related-party management explains who owns, controls, signs for, benefits from, or materially relates to that business. That distinction matters because hidden risk often appears through the people and companies behind the customer, not only in the customer record itself.
How does ownership context change risk review?
Ownership context helps analysts see whether a customer’s risk changes because of shareholders, directors, signatories, parent companies, indirect owners, representatives, or other related parties. That context can be reviewed alongside screening, cases, monitoring, and CRA evidence before the relationship is approved.
Can indirect ownership be represented?
Yes. Checklynx can represent direct and indirect relationships, ownership percentages, effective ownership, role types, control types, source, status, dates, notes, and relationship paths. The goal is to preserve both the structure and the evidence that supported the review.