About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

EXL and Datanomic Partner to Provide Best in Class Compliance Solutions and Services

Subscribe to our newsletter

ExlService Holdings, a provider of outsourcing and transformation services, and compliance and data management solutions specialist, Datanomic, have combined their complementary capabilities to deliver exceptional compliance solutions and services for joint clients around the globe. This partnership offers customers a new end-to-end service to configure, implement and operationalise compliance screening with execution support at a lower cost on a sustained basis.

The combined offering leverages EXL’s outsourcing and transformation capabilities along with Datanomic’s superior screening capabilities which enable organisations to identify existing and prospective customers who may present a threat to the organisation under Anti-Money Laundering, Counter-Terrorist Financing and the wide range of other compliance legislation.

Datanomic’s dn:Director for Sanctions & PEP (Politically Exposed Persons) Screening software offers exceptional accuracy for proactive risk protection, whilst minimising ‘false positives’ (potential matches requiring additional manual assessment) which can often be a burdensome bi-product of other automated screening solutions. It also delivers full auditability of all screening results and investigations for fast and comprehensive submission to the regulator if required.

Rembert de Villa, chief strategy officer for EXL remarked: “Datanomic’s technology offers the most accurate and effective sanctions screening solution in the industry today, aligns perfectly with our strategy, and complements our focus on compliance and risk solutions offered through Transformation and Finance & Accounting services.”

“EXL’s global delivery capabilities and client network will help us expand the distribution and delivery of our solutions, helping to further build momentum in the marketplace,” said Gregory Smith, director, North America, Datanomic. “We will also leverage EXL’s expertise to provide an end-to-end compliance and risk assessment solution for our Clients,” he added.

Teams from both companies will be extensively cross trained in each other’s expertise in order to effectively sell, implement and support the services for existing and prospective clients.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Detecting and preventing market abuse

Market abuse – unlawful disclosure of inside information, insider trading, circular trading, “pump and dump” schemes, etc. – poses significant threats to the integrity of capital markets. In 2024, global trading house Trafigura agreed to pay a $55 million fine to the U.S. Commodity Futures Trading Commission (CFTC) for trading with non-public information, manipulating a...

BLOG

GLEIF Begins a New Decade in Growth Mode

The Global Legal Identifier Foundation (GLEIF) enters its second decade this month with its novel system of identifiers for everything from companies and their financial instruments to real assets fast becoming a global standard. While the next five years are expected to see yet more entities join the GLEIF’s open data project, the organisation’s immediate...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook 2021/2022 – Ninth Edition

Welcome to the ninth edition of A-Team Group’s Regulatory Data Handbook, a publication dedicated to helping you gain a full understanding of regulations related to your organisation from the details of requirements to best practice implementation. This edition of the handbook includes a focus on regulations being rolled out to bring order and standardisation to...