Dow Jones Risk & Compliance and Dun & Bradstreet have agreed to utilize their best-in-class datasets to enhance their respective risk management and regulatory compliance solutions.
Dow Jones Risk & Compliance will make Dun & Bradstreet’s beneficial ownership data available through its web-based platform, RiskCenter, or via API. Dun & Bradstreet’s Data Cloud, which draws from over 300 million verified business records, will augment proprietary Dow Jones data, providing customers with a more complete picture of entity and individual-level share ownership.
Additionally, Dun & Bradstreet will integrate Dow Jones data related to sanctions risk, negative news, politically exposed persons and state owned-entities into its suite of compliance products, optimizing due-diligence screening available to customers.
Guy Harrison, General Manager at Dow Jones Risk & Compliance, said: “Offering Dun & Bradstreet’s company data within our platform will help our customers save time, simplify their workflows, and more effectively protect themselves from exposure to risk. “This partnership speaks to the mutual respect and recognition that Dow Jones and Dun & Bradstreet have for each other’s expertise. We are confident the combined strength of our data will raise the bar across the industry.”
“The data exchange between Dun & Bradstreet and Dow Jones will benefit our customers who rely on us to help with a more efficient, accurate and cost-effective third-party screening,” said Brian Alster, global head of Supply & Compliance at Dun & Bradstreet. “And we’re pleased to be the Beneficial Ownership data provider to Dow Jones, which can help relieve some compliance burden and fast-track standard onboarding.”
About Dow Jones Risk & Compliance
Dow Jones Risk & Compliance is a global provider of third-party risk management and regulatory compliance solutions. Working with clients across the globe, it delivers research tools and outsourced services for on-boarding, vetting and investigation to help companies comply with anti-money laundering, anti-bribery, corruption and economic sanctions regulation in mitigating third party risk. Dow Jones is a division of News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV).
About Dun & Bradstreet
Dun & Bradstreet, the global leader in commercial data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet’s Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk, and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity.