kompany is proud to announce its partnership with fellow RegTech firm RiskScreen to offer their customers access to KYB (Know Your Business) data from our global register network.

Hitherto RiskScreen’s users have been able to conduct KYC (Know Your Customer) due diligence on individuals, including company directors and shareholders, but the introduction of kompany’s live register network of KYB data opens up a whole new layer of insight into corporates and ultimate beneficial owners (UBOs), streamlining the onboarding process for corporate entities.

Our global network provides real-time access to commercial registers, financial authorities and tax offices around the world, making kompany the leading KYB provider to fully satisfy the strictest requirements on primary-source company data for anti-money laundering regulation.

Stephen Platt, founder and CEO of RiskScreen, said, “I am so pleased we can now bring kompany’s real-time network of company data to our customers, as I know it can only enhance the quality of their compliance screening processes – and by doing so strengthen our combined efforts to combat money laundering and financial crime.’

“Audit-proof company data is your first line of defence for anti-money laundering and strengthens compliance throughout the organisation and the customer life-cycle. We are proud to partner with RiskScreen and accelerate the adoption of regulatory technology. Our partnership with RiskScreen will offer more organisations around the world access to the company data they need to efficiently and effectively meet their compliance requirements while actively fighting money laundering.” said kompany CEO and Co-founder Russell E. Perry.

Source:  kompany Press Release