Data Management Insight Entity Data, KYC and Client Onboarding The latest content from across the platform
A-Team Group Releases Entity Data Management Handbook 2021
The use of accurate, complete and timely entity data and modern entity data management solutions can be the difference between regulatory compliance and penalties for non-compliance, doing business with the right or wrong customers, and complying with sanctions and Politically Exposed Persons (PEPs) requirements or breaching these and incurring eye-watering financial fines and reputational damage….
Entity Data Management Handbook – Seventh Edition
Sourcing entity data and ensuring efficient and effective entity data management is a challenge for many financial institutions as volumes of data rise, more regulations require entity data in reporting, and the fight again financial crime is escalated by bad actors using increasingly sophisticated techniques to attack processes and systems. That said, based on best…
S&P Global Market Intelligence Extends Marketplace with Focus on Collaborative Data Analytics, AI Solutions and ESG Data
S&P Global Market Intelligence has extended the marketplace it released in May 2020 with the addition of a workbench that supports collaborative data analytics, a Kensho machine learning solution for textual data, and 25 data sets and solutions. A new query library helps users search a catalogue of pre-built code queries to speed up data…
Datactics Accelerates Business Development, Scales Global Presence, Takes AI Platform to the Next Level
Datactics is about to close third round funding of £2 million. The funding comes from the company’s previous investors – Par Equity, The Bank of Ireland Kernel Capital Group Fund, and Clarendon Fund Managers – and will be used to accelerate business development, strengthen the company’s global presence, and take its AI and machine learning…
China Merchants Bank Selects Appway for Onboarding and KYC Compliance Checks
China Merchants Bank – Singapore branch (CMB SG) has selected Appway to provide client lifecycle management solutions and domain expertise to accelerate the branch’s compliance agility and efficiencies. Appway’s Singapore office will lead the implementation of its Onboarding for Wealth and KYC Review solutions, as well as its Digital Binder product for front to back…
Moody’s Completes Acquisition of Credit Data Provider Cortera
Moody’s has completed its acquisition of Cortera, a provider of North American credit data and workflow solutions. The acquisition enhances the company’s risk assessment capabilities and extends its coverage in the small and medium enterprise segment. Cortera also augments Moody’s Orbis database of private company information – acquired along with Bureau van Dijk in 2017…
Quantexa Innovates AML Monitoring with Contextual Decision Intelligence
Quantexa, a London-based data and analytics company, is innovating Anti-Money Laundering (AML) monitoring and investigation with the use of contextual decision intelligence (CDI), a means of enriching internal data with external data and building networks of relationships to create a contextual view of a customer. The company says complex financial crime in capital markets, including…
Recorded Webinar: The post-Brexit UK sanctions regime – how to stay safe and compliant
When the Brexit transition period came to an end on 31 December 2020, a new sanctions regime was introduced in the UK under legislation set out in the Sanctions and Anti-Money Laundering Act 2018 (aka the Sanctions Act). The regime is fundamentally different to that of the EU, requiring financial institutions to rethink their response…
UK Sanctions Regime Increases Complexity and Cost of Compliance
The post-Brexit UK sanctions regime has added complexity to compliance, changes in financial institutions’ appetite for risk, and increased costs for multinational firms that must comply with both EU and UK sanctions regulation. These issues and more will be addressed at next week’s A-Team Group webinar on The post-Brexit UK sanctions regime – how to…
Kingland Plans Geographic, Product and Team Growth Following Private Equity Investment
Kingland Systems is planning to extend its geographic reach, expand use cases of its cloud-based data management, automation and discovery platform, and grow its team following a minority investment in the company by private equity investment firm Abry Partners. While maintaining its focus on capital markets, Kingland also plans to move into additional market sectors….