A logo on a pitch deck proves nothing. A dated source does.
Before the term sheet: management and founder due diligence — sanctions, litigation, adverse media, UBO tracing three levels deep, and network entanglement findings in a reviewable report your IC can hold. From €79, delivered in under 30 minutes for 80% of cases.
The first level looks clean. It's two levels down where the risk hides.
Professional databases, not just primary sources.
An independent market study (commissioned by Indicium from a Swiss forensic investigations firm, June 2026) compared 12 competitors. The finding: most rely on primary sources and current registers. Indicium uses Bureau van Dijk / Orbis — the same professional database used by major financial institutions — for historical ownership data, international structures, and network entanglements that no single register shows.
| Capability | Typical SaaS providers | Indicium |
|---|---|---|
| Historical ownership | Current register only | Bureau van Dijk / Orbis: historical positions, past affiliations, ownership changes |
| International coverage | Limited to specific countries | Broad international reach via professional databases, not just primary sources |
| Adverse media | Fuzzy search + flagging (high false positives) | Nexis Diligence + Clear-Web: structured assessment, not just keyword hits |
| UBO tracing | 1 level, current register | 3 levels deep, cross-jurisdictional, with sanctions overlay |
| CV analysis | Point-by-point validation | Full timeline analysis: gaps, overlaps, register mismatches, LinkedIn divergence |
The honest boundary: what is registered nowhere — unregistered trusts, purely private holdings, cash — no automated check can see from open and licensed sources. Every report states that limit rather than papering over it.
"At Ufenau Capital Partners we rely on thorough risk analysis to safeguard investments, partnerships and hiring decisions. Indicium's automated, data-driven reports give us efficient, GDPR-compliant and in-depth insight. It strengthens our HR due diligence as much as our pre-employment checks when attracting talent and executives, and empowers us to make well-founded decisions."— Christina Mankus, Head of Talent, Ufenau Capital Partners
"I'm impressed by the Complete check. With it, we can quickly identify fraudulent counterparties in transactions and effectively protect our clients from harm."— Prof. Dr. Urs Schenker, LL.M., Attorney-at-law, Client & Chairman of the Board
Additional references: Arctos Capital (Julian Bär, Founding Partner), 4Tree Capital Ventures GmbH (Simon Schmidt, Senior Investment Manager). See all case studies →
From the routine onboarding check to the analyst-led escalation.
How deep does Indicium trace beneficial ownership?+
Can Indicium deliver a report before our IC meeting?+
What sources does Indicium use for adverse media?+
Which PE/VC firms use Indicium?+
What happens if the report misses something?+
This page provides general information about Indicium's services. The competitive comparison reflects a market study commissioned by Indicium from a Swiss forensic investigations firm (June 2026) and may not reflect current competitor offerings. It does not constitute legal or investment advice.