The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Accuity Introduces Chinese Language Functionality for Online Compliance

Share article

Accuity, a provider of global payment routing data, AML screening software, and services, today unveiled Chinese language functionality for its web-based look-up tool, Online Compliance, powered by WorldCompliance.

A versatile component of Accuity’s Compliance Solutions, Online Compliance allows users to identify and research sanctioned entities, Politically Exposed Persons (PEPs) and other high-risk individuals and organisations. The tool details information such as: name, aliases, date of birth, place of birth, photographs, positions, family members, associates and company holdings. Entities are notated with precise source links to facilitate Know Your Customer practices and enable further verification.

Online Compliance’s easy-to-navigate user interface can be rendered in a variety of language options, including English, French, German, Spanish, Portuguese, Swedish and Russian — with this latest release, Simplified Chinese is now available. When a user selects a preferred language the labels, buttons and entry category information of the Online Compliance interface appear in that language. Profile data for individual entities can also be displayed in the user’s preferred language using Online Compliance’s translation feature. Adding the Chinese language to the interface display and translation options complements Online Compliance’s ability to conduct searches entered in Chinese characters. The combination of these features makes Online Compliance a solid solution for Chinese institutions.

“We are very pleased to introduce Chinese language functionality in our PEP and enhanced due diligence look-up tool,” said Accuity’s Malcolm Taylor, managing director, EMEA and Asia Pacific. “We know that many of our current and prospective clients in China will appreciate being able to navigate Online Compliance in Chinese in order to more easily access critical information that will enable them to mitigate risk in their businesses.”

Related content

WEBINAR

Recorded Webinar: How far should counterparty screening go? Balancing the ideal and the realistic

Counterparty screening is a regulatory requirement, but do you know enough about your clients’ clients, and beyond? How can you source this information and how does it benefit your business? How far do you need to dig into entity ownership structures? This webinar discusses these challenges and how they relate to your organisation, whether you’re...

BLOG

New Mobile App Boosts ACA Compliance Group Capability

In today’s increasingly distributed work environment, accessibility is everything – and firms are having to find new ways to meet their compliance requirements whilst managing a workforce that is more disparate, fragmented and remote than ever before. “With competing regulatory focus areas requiring vigilant oversight and cost pressures being higher than ever, it’s imperative that...

EVENT

TradingTech Summit London

The TradingTech Summit in London brings together European senior-level decision makers in trading technology, electronic execution and trading architecture to discuss how firms can use high performance technologies to optimise trading in the new regulatory environment.

GUIDE

Entity Data Management Handbook – Sixth Edition

High-profile and punitive penalties handed out to large financial institutions for non-compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations have catapulted entity data management up the business agenda. So, too, have industry and government reports on the staggering sums of money laundered on a global basis. Less apparent, but equally important, are...