THE KYC DICTIONARY
Sustainability
Definition
Sustainability refers to the practice of meeting current needs without compromising the ability of future generations to meet their own needs. It encompasses the balanced integration of environmental, social and economic considerations to ensure long-term viability and well-being. Sustainability focuses on preserving natural resources, reducing environmental harm and fostering equitable social and economic development.
For businesses and organizations, sustainability means adopting practices and policies that minimize negative impacts on the environment and society while contributing positively to long-term goals. This often involves implementing strategies such as renewable energy use, waste reduction, ethical supply chain management and community engagement. Sustainability is a core principle in achieving global objectives like the United Nations Sustainable Development Goals (SDGs), which aim to address critical challenges such as climate change, poverty and inequality.
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What we offer
Avallone’s Products and Services
Whatever your needs, our products and services work together seamlessly - enabling your team to confidently respond to KYC requests, collect information safely and securely from counterparties, maintain data accuracy and escalate concerns effectively.
KYC Responder
Say goodbye to manual handling of incoming KYC requests. Easily save, store and re-use responses to avoid endless duplication.
KYC Collector
Save time collecting and verifying KYC data from counterparties. Streamline screening, compliance and risk scoring in one easy-to-use platform.
Screening
Real-time monitoring for sanctions, PEPs, adverse media and more
KYC Hub
One single source of truth for managing and visualizing legal entity structures and documents across your entire organization.
Managed Services
Hands-on support to relieve your KYC / CDD workload. Our experts work alongside your team to provide scalable support where and when you need it most.
Advisory Services
Trust our expert team with +30 years of financial crime prevention and compliance experience to help define processes, develop frameworks and tackle complex KYC challenges.
Outreach KYC Services
Designed for banks and financial institutions looking to simplify their KYC document collection. Let us take care of the time-consuming communication and follow-up, and elevate the experience for your customers.
Remediation Services
For regulated companies seeking proactive solutions to meet their compliance deadlines. Tap into remediation support to refresh and verify customer profiles quickly and accurately.
KYC 360° Full Suite
Experience the full power of Avallone with every product and service at your fingertips. The most complete way to manage KYC end-to-end.

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