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Encompass Corporation Integrates with FactSet to Offer Global Know Your Customer Capability

Encompass Corporation, creator of Know Your Customer (KYC) software for banking, finance, legal and accountancy, today announced that it is teaming with FactSet, a global provider of integrated financial information, analytical applications, and industry-leading services. The combination of FactSet’s data solutions and Encompass for KYC purposes enables truly global coverage for KYC and beneficial ownership checks. FactSet’s Data Management Solutions ... Read More »

Bloomberg Law Introduces New Corporate Practice Center Featuring Compliance, Governance and Legal Operations

Practice Center Offers Extensive Content Developed By Corporate Counsel Community Bloomberg Law today announced the launch of its new Corporate Practice Center, which features a significant expansion in content developed exclusively for corporate counsel.  It integrates practical guidance, expert analysis, commentary, news, primary sources and practice tools on issues of vital importance given the unique role of lawyers in corporations.  ... Read More »

Thomson Reuters Q1 Revenues Up 2% (BFX), Operating Profit Up 43%

Thomson Reuters (TSX /NYSE: TRI) reported revenues were up 1%, compared to down 1% in the prior-year period. Before currency, revenues were up 2%, compared to up 1% in the prior-year period. Operating profit increased 43%, from $310 million to $444 million.  Adjusted EBITDA increased 17%, with the margin increasing 430 basis points to 31.1%.  Diluted earnings per share (EPS) ... Read More »

B20 Policy Recommendations: Shaping an Interconnected World

On May 3rd, 2017, the B20 has officially handed over its Policy Recommendations to German Chancellor Angela Merkel at the B20 Summit in Berlin. The recommendations are the product of a yearlong process of our seven Taskforces and Cross-thematic Groups, which comprise over 700 members from all G20 economies. Developed under the theme “Building Resilience – Improving Sustainability – Assuming ... Read More »

Creditreform Compliance Services Establishes New Data Protection Hub

New data protection hub of Creditreform Compliance Services GmbH online! Many companies are currently faced with the challenge of examining which new legislation is relevant in the EU Basic Data Protection Regulation. The fines have risen drastically and ensure that data protection is at the top of the list of priorities.  For this purpose Creditreform Compliance Services GmbH has developed a ... Read More »

Encompass Corporation Partners with ComplyAdvantage

 Artificial intelligence to combat money laundering Combining Artificial Intelligence and traditional data sources will be key to combatting money laundering says Encompass Corporation and ComplyAdvantage who have today announced their partnership during Innovate Finance’s Global Summit 2017 being held at Livery Hall in London. Encompass Corporation is the creator of unique KYC policy automation software, purpose built for onboarding corporate ... Read More »

Compliance professionals in the UK face huge regulatory shifts & customer onboarding delays amidst growing global uncertainty

Dun & Bradstreet has launched its customer due diligence study, shedding a light on the UK’s financial sector which continues to grow but faces huge challenges in dealing with the regulatory risk that the current business environment presents. Compliance professionals are becoming further stretched by the continued impact of Brexit and regulatory changes that Donald Trump’s government will introduce, and ... Read More »

Data Quality Issues are Impacting Consumer Trust and Perception

Data has transformed the way the world conducts business, but a new global business survey, commissioned by Experian, has found that many companies are still struggling to keep pace with customer expectations and increased scrutiny. Seven in 10 (72%) of companies said that data quality issues had affected trust and perception by their customers, who are increasingly aware of the ... Read More »

Thomson Reuters and SAP Team to Help Businesses Manage Compliance and Third-Party Risk Challenges

Integration of World-Check Data with SAP® Business Partner Screening offers organizations improved vigilance across the globe Thomson Reuters is collaborating with SAP to allow its World-Check content to be available to customers within the SAP® Business Partner Screening application. The aim is to help organizations better manage their third-party compliance and risk challenges. This will allow World-Check’s risk intelligence data ... Read More »

D&B Beneficial Ownership Offers Comprehensive Data and Analytics to Verify Global Entities and Mitigate Regulatory Risk

Dun & Bradstreet (NYSE: DNB) announced the launch of D&B Beneficial Ownership, a solution that delivers quick and reliable data for actionable management of regulatory compliance. D&B Beneficial Ownership provides companies a fast and comprehensive picture of corporate hierarchy with entity and individual level share ownership based on Dun & Bradstreet’s 265 million verified business records. D&B Beneficial Ownership capabilities can be easily ... Read More »

Thomson Reuters Completes Clarient and Avox Acquisitions Creating Best-In-Class KYC and Legal Entity Data Due Diligence Standards

Thomson Reuters has completed its acquisitions of Clarient Global LLC and Avox Limited, expanding its risk-management footprint and its ability to provide a best-in-class standard of customer solutions by integrating both businesses into its portfolio of risk management, compliance and data offerings.  The Clarient and Avox acquisitions represent the next step of Thomson Reuters vision to be a leading provider ... Read More »

Thomson Reuters: Ten Regulatory Insights for Asia-Pacific in 2017

Thomson Reuters Regulatory Intelligence Expert, Niall Coburn has uncovered key regulatory risks and priorities facing firms in Asia Pacific in 2017. As of 2017, a decade has passed since the start of the financial crisis, which brought some of the world’s largest economies to their knees, altering the regulatory landscape internationally. This year, many firms have placed compliance at the ... Read More »

Verisk Analytics, Inc., to Acquire Fintellix

Acquisition will extend Verisk’s expertise in development of products and data solutions designed to meet the regulatory compliance needs of financial institutions in multiple geographies Verisk Analytics, Inc. (Nasdaq:VRSK), a leading data analytics provider, has signed an agreement to acquire Fintellix, a Bangalore-based data solutions company specializing in the development of data management platforms and regulatory reporting solutions for financial ... Read More »

The Mizen Group Will Sell FICO TONBELLER Solutions to Businesses Fighting Financial Crime

HIGHLIGHTS: The Mizen Group will offer FICO® TONBELLER® Anti-Financial Crime Solutions to its clients in the United States FICO TONBELLER’s Siron® solutions address money laundering, tax evasion, know-your-customer and other compliance requirements The Mizen Group is a multinational financial security and corporate investigations software and technology services firm FICO and The Mizen Group, a multinational financial security and corporate investigations software firm, today announced that they have entered into a partnership ... Read More »

Compliance:  Protect Your Reputation, Make Smarter Decisions and Reduce Friction While Performing Due Diligence on Customers

Confidently acquire the right business customers with Business Compliance InsightTM, a comprehensive report that aggregates key sources for Customer Identification Programs Companies that need to evaluate merchants, suppliers or customers must face the real threat of mistakenly acquiring customers that engage in identity theft schemes, money laundering or funding terrorism. To help these companies meet multiple Know Your Customer (KYC) ... Read More »

Australian Privacy Actions: ABR Gazette Change, February 2017

The ABR Gazette is a subscription-only commercial information service, collating public record information on companies and individuals such as insolvency, bankruptcy and court data relating to debt. The cover of the ABR Gazette includes the terms and conditions of use, restricting it to the assessment of credit risk Veda has agreed to amend the ABR Gazette in the next three ... Read More »

Thomson Reuters Continues Expansion of Global Labs Network

Singapore Data and Innovation Lab will Serve Customers Across Asia Pacific Thomson Reuters announced the official opening of Thomson Reuters Labs – Singapore. The Lab will collaborate with the government, customers, tech startups and universities to build partnerships and create innovative products and solutions for professional markets throughout the Asia Pacific region. The Singapore Lab is the first branch in ... Read More »