A forerunner providing excellent due diligence background check services to the B2B segment: Vcheck Global

Doing business in an increasingly global and increasingly complex marketplace presents great opportunity for growth, innovation, and supply-chain flexibility. But that opportunity comes with an increasingly complicated challenge in understanding who we’re doing business with, and whether or not they are engaged in activities that can pose a regulatory, criminal, financial or reputational threat to organizations engaging in contracts and doing deals. And, as the digital world proliferates and dominates much of today’s commerce, it has become more and more difficult for risk and compliance professionals to assess third party risk and then monitor those third parties for changes in attributes or behaviors long after being onboarded.

Enhanced Due Diligence and Background Investigations firms are a vital part of the work needed to help companies do business safely over the lifecycle of their third-party relationship.

Globally there are many companies specializing in delivering enhanced due diligence services, but Vcheck Global stands out from the rest. Vcheck Global is a fast-growing, expert-driven company specializing in investigative techniques, from human-source, deep dive background investigations, to the technology-driven instant screening and monitoring necessary to protect our clients while they operate at the increasing speed of business. Vcheck Global is unique in their ability to address the spectrum of tools needed to manage entire third party portfolios. Founded in 2012 and based in Los Angeles, Vcheck Global has appeared on the Inc. 5000 list three years in a row as the fastest-growing company in the background check and due diligence investigation industry.

In conversation with Julie Peck, CEO of Vcheck Global

Q. What is Vcheck Global’s Mission in the investigators industry?

At Vcheck Global, we approach our business with purpose. Our team is comprised of some of the best, most seasoned investigators with longstanding careers spent honing their skills and their global networks to know exactly how to get to the root of risk – be it bribery, corruption, money laundering, financial instability, or even reputation. Our investigators know focused skill hard work is the very thing that protects our clients from unwittingly doing business with bad actors. Our work isn’t just about “checking the box” to ensure a background check was done. Our work is about making sure we can identify criminal activity – the kind of criminal activity and money flow that funds terrorism, human trafficking, drug trafficking, sweatshops, modern slavery, and corruption that threatens the globe every day. Our team wears the “white hat”, and we take seriously our role in making the entire world a safer place to do business.

Q. How do you handle jurisdictions where public records are not accessible or cannot be relied upon, like the Middle East or parts of Asia?

We do that in two ways. First, we access specialized databases that contain information on corporate registration, beneficial ownership, litigation, and other regulatory documents. Second, we have a global network of on-the-ground intelligence sources and agents to gather information that isn’t available online or to people outside the jurisdiction. We also conduct reputational inquiries on the subjects. This helps us relevant information from local regulators and/or courts but also corroborate and elaborate on anything we find with human intelligence. We score our sources on access to information (how do they know what they know) and reliability (what has their track record been with us). In these jurisdictions, we use multiple streams of intelligence to produce a finished product. By triangulating the information pulled from digital data sources and what we learn from our human intelligence network, we have a track record of being able to paint a clear picture of the subject for our clients.

Q. What do you think differentiates Vcheck Global from other companies in this industry?

We have built Vcheck Global around the belief that service matters, expertise matters, and technology matters. Companies cannot get and keep a handle on the ever-changing risks inherent in an increasingly global economy with traditional methods that may have been adequate 10 or 15 years ago but break down in the face of the increasing speed and globalization of how we all do business. Companies cannot slow the pace of business to wait for compliance organizations to do their part. Compliance must find a way to keep the company safe AND keep pace with their businesses. We are uniquely positioned to help - with the integration of deep expertise, modern technology, and an unwavering commitment to meeting the customers where they are – when they need us to be there.

We are also committed to leading with diversity and inclusion. We are proud that 80% of our executive team are women, including the CEO, the COO, the CFO, and the General Counsel. In fact, 61% of our managers are women.

Q. Do you have any new services launching soon?

We recently launched our new cloud software platform called Vcheck RED (Rapid Enhanced Diligence) to provide compliance organizations with the ability to instantly risk-screen, score, and monitor daily their third parties for changes in risk events throughout the lifecycle of their relationships. The platform perfectly complements our deep due diligence expertise and investigative services by using AI-driven technology to automate the high-speed, high volume components of onboarding and monitoring large portfolios of third parties against hundreds of data sources and risk attributes. With this platform’s launch, we complement our ability to do deep-dive background investigations and human source work with intelligent technology to wrangle the complex network of data sources and global risk screening at increasingly high speeds and volumes.

Q. So what does the future look like for Vcheck?

We expect to continue our track record of explosive growth and continuous innovation that disrupts the status quo creating responsive risk-based tools and technologies. We prevailed through COVID-19 as a company whose commitment to service and creative problem solving was unwavering. Our agile and creative team was able to take our company fully remote without missing a beat. We are listening deeply to the market as it evolves and are continuing to capture new clients who have been looking for something different…something more.

Meet the leader behind the success of Vcheck Global

Julie Peck, Vcheck Global’s CEO is a dynamic leader with a track record of taking strong companies, listening to clients to drive innovation, and transforming those good companies into great ones. Her background in product innovation provides a cornerstone for growth through value creation, and her ability to tell the story lands with impact. She is a deeply committed and active architect of diverse, creative, focused, high performing teams – just like the one she’s built at Vcheck Global. She has led software businesses, service businesses and hybrids in not only the GRC (Governance Risk & Compliance) industry, but a diverse set of industries including banking, payments, and newspaper & magazine publishing which has afforded her a wide range of tools to transform and grow great companies.

“With the best investigative talent in the industry and cutting-edge technology, we know exactly how to get to the root of risk – be it bribery, fraud, money laundering, financial instability… even reputation.”