Risk Intelligence
Proactive Risk Management for Expat Entrepreneurs in The Netherlands
In today’s world, risk is everywhere, and for Dutch M&Ss, the cost of ignoring it is rising fast.
At WIGEPA BV, our Risk Management services, delivered under the XTROVERSO™ model, are designed to make risk visible, controllable, and actionable.
We don’t wait for problems. We identify vulnerabilities early, help you fix them, and turn risk management into your business advantage.
Third-Party Risk & Integrity Intelligence
- KYC (Know Your Customer), KYS (Know Your Supplier), CDD (Customer Due Diligence), EDD (Enhanced Due Diligence)
- OSINT (Open Source Intelligence) background checks on clients, suppliers, and partners
- Ongoing third-party monitoring and integrity vetting
Why it matters:
Trust but verify. Safe relationships reduce exposure and build trust with clients, banks, and authorities.
AML, Financial Crime & Fraud Prevention
- Anti-Money Laundering (AML) policy design, transaction monitoring, and suspicious activity reporting
- Fraud risk analysis, detection systems, and incident investigation
- Compliance with Dutch and EU financial crime regulations
Why it matters:
Stay ahead of criminal threats, prevent fines, and protect your company’s reputation and cash flow.
Risk Assessment & Control Frameworks
- Qualitative and quantitative risk analysis (likelihood, impact, control strength)
- Regular reassessment to adapt to changes in your business or market
- Prioritization and risk scoring for targeted mitigation
Why it matters:
Focus your resources where it counts, avoid surprises, and demonstrate control to partners, banks, and regulators.
The Importance of Third-Party Risk Management
Every business, no matter its size or sector, faces real financial and reputational threats from the partners, clients, and suppliers it works with.
Even if you are not legally obliged, third-party risk management is essential to protect your company from a new generation of sophisticated risks.
What you will get
Banks Will Love Your Discipline
Regulators Will Love Your Transparency
Clients Will Love Your Integrity
Contact usHidden Dangers in Everyday Business
You might think: “We’re not a bank or a law firm, why worry?”
But today, even the most regular companies are exposed to:
- Fake Companies: Fraudsters can pose as real clients or suppliers, using stolen identities or fake registrations to win your trust. They disappear after payment, or worse, use your business for criminal schemes.
- Fake Invoices: Criminals send realistic-looking invoices for goods or services never delivered. Busy finance teams sometimes pay these without question, draining company funds and damaging trust.
- Money Muling: Criminal networks sometimes use small businesses as “money mules”, moving illicit funds through your accounts without your knowledge. You risk legal trouble and frozen accounts.
- Money Laundering: Even everyday B2B or B2C companies can be targeted by criminals seeking to “clean” illegal money through routine transactions.
- Phantom Clients or Suppliers: You onboard a new “customer” or “vendor” who turns out to be a shell company with no real operations, leading to payment defaults, delivery failures, or regulatory headaches.
Criminals target the unprepared. Don’t let your business be their next victim.
Make third-party risk management your silent shield, every day.
Examples for Regular Companies
- Logistics & Transport: A new freight partner asks for advance payment, delivers nothing, and vanishes, classic supplier fraud.
- Professional Services: An apparent client overpays an invoice “by mistake” and asks for a refund; the initial payment is later reversed, leaving you out of pocket.
- Wholesale & Distribution: You receive a large, urgent order from a new customer. After shipping goods, you never get paid, your “customer” was never real.
- Hospitality & Restaurants: Fake vendors bill you for supplies you never ordered, exploiting busy periods and inexperienced staff.
- Real Estate & Rentals: Prospective tenants or buyers use forged documents or stolen identities, exposing you to financial loss or criminal investigations.
Why Every Company Needs Third-Party Risk Checks
- Protect your cash flow: Don’t let fake invoices or fake companies drain your resources.
- Defend against money laundering and fraud: Avoid unwittingly becoming part of criminal networks and the legal or reputational fallout that follows.
- Maintain trust: Show banks, partners, and clients you take risk seriously, even if you’re not legally required to.
Most SMEs simply don’t have the tools or expertise to detect sophisticated scams and hidden risks on their own.
That’s why you need a trusted partner, like WIGEPA BV
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Ready to Take Control of Risk?
Don’t wait for a crisis to act.
Contact WIGEPA BV today and discover how proactive risk management, under the XTROVERSO™ model, will protect your company and power your growth.
WE WORK WITH :
Only Vetted Suppliers and Technology
