Why Use the YouControl API

YouControl’s API is a powerful tool widely used across various business sectors. It is relied upon by companies and organisations that require accurate and up-to-date information about their counterparties.

he most common users of YouControl’s API include:

• Financial Institutions – Banks, credit unions, and investment firms use the API to assess clients’ creditworthiness, detect fraud, and manage risks.
• Trading Companies – Manufacturers, distributors, and retailers leverage the API to verify potential partners, evaluate financial stability, and assess reputational risks.
• Government bodies – State institutions use the API to monitor business activities and detect regulatory violations.
• Startups & IT Companies – Tech firms and startups integrate the API into their products and services to provide additional value to their customers.

And many more.

• Fast and Convenient Data Access – The API enables you to instantly retrieve essential information directly within your system in just a few seconds.
• Comprehensive Due Diligence – The API provides in-depth reports on companies, including financial stability, corporate history, legal disputes, and enforcement proceedings.
• Process Automation – Seamlessly integrate the API into any system to automate routine tasks such as partner verification and financial reporting.
• Enhanced Operational Efficiency – With YouControl’s API, businesses can make well-informed decisions while mitigating potential risks and negative consequences.

YouControl’s API helps businesses overcome key challenges, such as:

• Lack of Information on Business Partners – The API provides access to up-to-date and comprehensive data, enabling well-informed decisions regarding partnerships.
• Risk of Dealing with Unreliable Partners – By conducting in-depth company analysis, the API helps businesses avoid financial losses and reputational damage.
• Need for Process Automation – The API streamlines data retrieval and processing, significantly saving time and resources.
• Difficulty Integrating Data from Multiple Sources – The API offers a seamless way to obtain and integrate data with existing systems.

• Overview: A company streamlines the process of vetting new business partners by integrating YouControl’s API into its CRM system.
• How it works:
  • A new business partner is added to the CRM.
  • The CRM automatically sends a request to YouControl’s API.
  • The API instantly returns comprehensive company details, including registration status, financial stability, legal proceedings, and business connections.
  • A decision on whether to proceed with the partnership is made based on this data.
• Benefits:
  • Significant time savings in partner verification.
  • Reduced risk of working with unreliable or fraudulent companies.
  • Enhanced efficiency of legal and security departments.

• Overview: A bank uses the YouControl API to automate the evaluation of customers' creditworthiness.
• How it works:
  • When reviewing a loan application, the system automatically retrieves client data via the YouControl API.
  • Based on the acquired information, the system calculates the customer's credit rating and determines whether to approve the loan.
• Benefits:
  • Faster credit risk assessment, streamlining the approval process.
  • Enhanced accuracy in evaluating clients' creditworthiness.
  • Reduced credit loss rates, minimising financial risks for the bank.

• Overview: A company uses the YouControl API to track updates in data concerning its competitors and partners.
• How it works:
  • The system regularly queries the YouControl API to retrieve up-to-date information on selected companies.
  • When changes are detected (e.g., a change in management, financial status, or court decisions), the system automatically notifies the relevant employees.
• Benefits:
  • Real-time access to updates on company data.
  • The ability to respond promptly to market changes.
  • Enhanced competitiveness through informed decision-making.

• Overview: Users of YouScore develop their analytical tools based on data retrieved via the YouControl API.
• How it works:
  • Company integrates the YouControl API into its analytical systems.
  • Accesses relevant company data.
  • Analyses the data, generating reports, charts, and other analytical outputs.
• Benefits:
  • Access to unique analytical insights tailored to the company's specific needs.
  • More informed and data-driven managerial decisions.
  • Enhanced business efficiency and performance.

• Overview: A company uses YouControl's API to automate the verification of counterparties for compliance with anti-money laundering (AML) and Know Your Customer (KYC) regulations.
• How it works:
  • The system retrieves counterparty data via the YouControl API.
  • It analyses the information, including beneficiaries, connections to politically exposed persons (PEPs), and sanction lists.
  • The risk level is automatically assessed, determining whether further verification is required.
• Benefits:
  • Reduced risk of regulatory violations.
  • Automation of routine processes.
  • Significant time and resource savings.

• Overview: A company uses YouControl’s API to develop proprietary scoring models for evaluating customers’ creditworthiness or predicting the likelihood of default.
• How it works:
  • The company accesses historical client data, including analytical insights from YouControl.
  • It develops a scoring model that considers factors like financial stability, history, and business connections.
  • The model is used to automatically assess the creditworthiness of new customers.
• Benefits:
  • Enhanced accuracy in customer credit assessment.
  • Reduction in credit losses.
  • Faster decision-making in the credit approval process.