Data Management Insight Entity Data, KYC and Client Onboarding The latest content from across the platform
FinScan Combines Data Quality Experience with Technological Expertise to Deliver Agile AML Solution
FinScan has combined experience in data quality with technological expertise in screening to provide an Anti-Money Laundering (AML) solution designed to help financial institutions develop more efficient AML programmes that generate fewer false positives and support better detection of true alerts. The company is part of Pittsburgh-based Innovative Systems, which was founded in 1968 and…
Recorded Webinar: An update on data standards and global identifiers
Data standards and global identifiers have been parts of capital markets’ practices for many years, and more are being developed, reviewed and shaped as the industry acknowledges their role in streamlining data management, reducing risk, improving transparency, and achieving compliance. This webinar will discuss data standards and identifiers in play, as well as those in…
Data Products: Transforming Fraud Detection in Financial Services
By Suki Dhuphar, Head of EMEA, Tamr. Cybercrime assumes many shapes and forms. As a result, it’s often challenging to identify fraudulent behaviour and subsequently address it. Traditional methods frequently fail to detect and combat illicit activities, leading to financial losses and eroded trust. Yet, even today, one of the most prevalent solutions to enhance…
Kensho Integrates Link AI with S&P Cross-Reference Capabilities to Improve Client Data Management
Kensho Technologies, an S&P Global company, has integrated its Link AI solution with S&P Global Market Intelligence’s Business Entity Cross Reference Service (BECRS) to streamline client data management. By combining Kensho Link, a machine learning service that maps entities in a user’s database to unique ID numbers from S&P Global’s company database, and BECRS datasets…
NICE Actimize Wins Best Data Solution for Regulatory Compliance in A-Team Group Data Management Awards USA 2023
NICE Actimize has won the award for Best Data Solution for Regulatory Compliance in A-Team Group’s Data Management Insight Awards USA 2023. The awards celebrate leading providers of data management solutions, services and consultancy to capital markets participants. NICE Actimize’s solution, X-Sight DataIQ ClarityKYC, was selected as a winner by A-Team Group’s US data management…
A-Team Group Announces Winners of Data Management Insight Awards – USA 2023
A-Team Group has announced the winners of its Data Management Insight Awards – USA 2023. The awards recognise both established solution vendors and innovative newcomers providing leading data management solutions, services and consultancy to capital markets participants across the USA. The awards were presented by Andrew Delaney, president and chief content officer at A-Team Group,…
GLEIF and Open Ownership Collaborate on Beneficial Ownership Data to Fight Financial Crime
The Global LEI Foundation (GLEIF) and Open Ownership, provider of a beneficial ownership database funded by donors including government agencies, have collaborated to integrate Legal Entity Identifiers (LEIs) into Open Ownership datasets produced in line with the Beneficial Ownership Data Standard (BODS), an open standard providing guidance on collecting, sharing and using high-quality data on…
S&P Global Market Intelligence streamlines due diligence with Entity Insights
S&P Global Market Intelligence has released Entity Insights, a solution designed to improve efficiency, reduce risk and increase data transparency in the entity due diligence process by automating manual processes used to gather, analyse and monitor entity data. The single-source solution generates real-time entity due diligence profiles on clients, suppliers and other third parties for…
Understanding the Value of Global Identifiers in the Fight Against Financial Crime
By Clare Rowley, Head of Business Operations, GLEIF. Money laundering and terrorist financing create significant systemic risks in the global financial system. The intricate webs spun by fraudsters and criminals to evade detection crisscross national borders and legal jurisdictions, commonly exploiting multiple financial institutions and legal entities. In today’s instant digital economy, this is exposing…
DTCC Pulls Out of LEI Issuance with Closure of GMEI Utility – Bloomberg and LSE Expected Beneficiaries
DTCC has closed its Global Markets Entity Identifier (GMEI) utility and will no longer issue Legal Entity Identifiers (LEIs) as a Local Operating Unit (LOU) in the Global LEI System. In a notice to GMEI clients, DTCC said the utility, operated by DTCC subsidiary and accredited LOU Business Entity Data B.V., terminated all its LEI…