Grant Recipient Verification

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CORE EXPERTISE

KYC & Due Diligence

INDUSTRY

Public Sector

Use Cases

Secure and Compliant Funding Through Recipient Verification

Government agencies must ensure grants are awarded only to compliant, eligible, and legitimate entities. Grant recipient verification helps prevent misuse of public funds and supports adherence to regulatory standards. By screening applicants’ corporate history, ownership networks, and business activities, agencies can mitigate risks before funds are disbursed—protecting government programs from fraud, reputational damage, and non-compliance.

Workflows

Preliminary Screening

Ensuring application details are complete and accurate, verifying them against official records, and identifying potential shell companies.

Compliance and Due Diligence Checks

Assessing risk based on past non-compliance, legal issues, or penalties; checking for conflicts of interest; and cross-referencing recipients against sanctions, PEP, and watchlists.

Post-Approval Monitoring

Continuously tracking recipients for compliance and structural changes, and detecting developments that could affect grant usage.

Key Personas

Finance Team

Grant Administration

Public Funding Compliance

Handshakes APP

Interconnection Map

Mapping connections among shareholders and directors across local and ASEAN borders across multiple degrees of association.

Procurement Check

Powered by our company registry data, this feature allows you to upload your vendor list (up to 50 people or companies at a time) for a quick conflict-of-interest check. Easily visualise how they are connected, directly and indirectly, to your internal staff and stakeholders. The perfect tool for verifying both employees’ and vendors’ declarations of independence and detecting potential risks.

RED List Report

A quick and effective way to check for direct and indirect exposure to regulatory actions.

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KYB Services

Identification & Verification (Upcoming)

Search and verify information of persons and companies against official sources.

Screening

Screen persons, companies and their connected parties against Politically-Exposed-Persons (PEP) / Sanctions list.

Corporate History (Upcoming)

Historical analysis of company records such as past ownership, business activity changes and more.

Corporate Network (Upcoming)

Network pattern analysis of extended connection of corporate relationships to identify potential risks.

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Handshakes XPERT

Custom Reports

Based on client requirements, our XPERT services team can deliver custom reports featuring specific data points — such as historical charges, ownership details and other relevant data — on a list of target companies identified through Local Registration Numbers e.g. UEN number.

Alert Monitoring

Get email alerts on leadership changes by adding counter-parties to your list. Available for Singapore data only.

One World

For users who are subscribed to two or more datasets such as Corporate Registry in Singapore, Malaysia, Capital Markets and S&P Global Market Intelligence, the OneWorld Feature is automatically unlocked to display connections across these datasets for a comprehensive analysis of searched entities.

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