METHOD AND SYSTEM FOR FACILITATING VERIFICATION OF AN ENTITY BASED ON BUSINESS REQUIREMENTS

A method, system and computer program product for facilitating verification of an entity against a reference database. The entity is characterized by corresponding attributes. The method obtains a set of attributes from the attributes based on a set of predefined parameters. Further, the method selects a set of algorithms corresponding to each attribute belonging to the set of attributes. Thereafter, the method executes one or more algorithms belonging to a set of algorithms corresponding to each attribute.