Case Study: a worldwide distributor of medical and dental products mitigates regulatory risk with Consilio LLC due diligence review program

Global Medical Distributor completes due diligence for 7,000 customers in 4 months with Consilio LLC

The customer, a global medical distributor, faced a federal regulatory inquiry and engaged Consilio LLC to conduct a comprehensive Know Your Customer due diligence program. Their challenge was to mitigate multi-million dollar compliance risks by validating information for thousands of practitioner-purchasers of controlled substances.

Consilio implemented a customized solution using specialized processes and Sightline technology. They built a team that delivered over 150 due diligence packets daily, successfully reviewing approximately 7,000 customers within four months. This effort by Consilio significantly mitigated the customer's risk of substantial fines for non-compliance.