Alternative Beneficial Owner

Alternative beneficial owner

Deep dive into company ownership and control with alternative beneficial owners.

  • Automate your AML & KYC screening process
  • Ensure regulatory compliance and avoid unnecessary risk
  • Reduce time doing manual lookups in different systems
alternative beneficial owner

Use cases

Use our services to create smooth and compliant processes for screening and monitoring of alternative beneficial owners.
alternative beneficial owner api

Compliance & Risk

Minimize the risk of money laundering and terrorism financing, while ensuring regulatory compliance.

Our API, web app and webhook solutions enable a digital and automated KYC process.

alternative beneficial owner kyc

Due Diligence

Save time conducting background checks and due diligence, by automating through our API solutions.

No more manual lookups using multiple tools, systems and sources!

alternative beneficial owner api 2

Customer onboarding

Provide a swift onboarding process for your prospects, where KYC screening take place "behind the scenes".

Making sure you have a compliant digital onboarding process, that's open 24/7!

Availability

Alternative beneficial owner is available to use in the following Roaring products:

“Through Roaring, we’ve been able to automate our KYC process. No more long processing times or forms to fill in!”

Victor Ramström

VD | Svea Bank

Technical details

Find out all you need to know about a company's ownership and alternative beneficial owners

If a company does not have a registered beneficial owner, with more than 25% ownership, you can check alternative beneficial owners to see who should be considered a beneficiary. This API and web app service will show you minority owners in a company, as well as owners who own more than 25%, but are not registered as beneficial owners with authorities.

An alternative beneficial owner is someone who ultimately owns or controls a company, association or other type of legal entity, however not to the extent required for being declared as a beneficial owner, or someone who controls the company through board membership.

The alternative beneficial owner(s) retrieved with this service are people who own more than 5%, and people who are board members of the company either with the role of Chairman of the bord or General manager/CEO. As for people fulfilling criteria through ownership, the top 2 share holders are included in the response. Total share holdings are compiled from direct and indirect holdings. If a person owns more than 25%, the person is likely to appear in the response even though the person should be labeled as a beneficial owner.

Try our free sandbox experience to get started, including:

  • Docs, guides & support
  • Test objects for every API
  • Try-API-feature to see response data & structure
  • Available in Postman

Example response:

{
  "altBeneficialOwners": [
    {
      "name": "Björn Efternamn1029",
      "personalNumber": "198112152395",
      "altSource": "OWNER_AND_BOARD_MEMBER",
      "ownerInfo": {
        "totalQuota": "0.4"
      },
      "boardMemberInfo": {
        "roleCode": "18",
        "description": "Chairman of the board"
      }
    },
    {
      "name": "Eva Efternamn2720",
      "personalNumber": "198502172383",
      "altSource": "OWNER_AND_BOARD_MEMBER",
      "ownerInfo": {
        "totalQuota": "0.4"
      },
      "boardMemberInfo": {
        "roleCode": "12",
        "description": "General manager/CEO"
      }
    }
  ],
  "hitCount": 2,
  "status": {
    "code": 0,
    "text": "AltBeneficialOwners found"
  }
}

API response content overview

Sweden

Norway

Finland

Denmark

Company ID

N/A

N/A

Owner information

N/A

N/A

Chairman of the board

N/A

N/A

CEO

N/A

N/A

Social security number

N/A

N/A

Birth year

N/A

N/A

Ready to optimize your process?