Fenergo today announced the launch of a new product enhancement, Digital KYC, a real-time, rules-driven, API-enabled KYC solution enabling financial institutions to automate and perpetuate KYC compliance reviews. The product works with existing client lifecycle management (CLM) solutions, automating continuous customer due diligence (CDD) reviews for low to medium-risk clients and reducing the need for repeated manual requests for client data.
The importance of data standards and global identifiers continues to be emphasised by both capital markets participants and their regulators. But how much progress is actually being made in developing and implementing standards that will improve data quality for better business decisions, provide regulators with a clearer view of systemic risk, and ensure more stable...
By Becki LaPorte, Principal – AML Strategy & Innovation, FinScan. The FCA’s latest report on sanctions systems and controls delivers a verdict that compliance professionals will find both encouraging and concerning. Although financial sanctions programs have matured, trade sanctions compliance has not. The gap between the two is significant and the report highlights this clearly....
Following the success of the 15th Data Management Summit NYC, A-Team Group are excited to announce our new event: AI in Data Management Summit NYC!
Welcome to the fifth edition of A-Team Group’s Entity Data Management Handbook, sponsored for the fourth year running by entity data specialist Bureau van Dijk, a Moody’s Analytics Company. The past year has seen a crackdown on corporate responsibility for financial crime – with financial firms facing draconian fines for non-compliance and the very real...
