kompany’s live global register network of commercial registers, and financial and tax authorities, offers new benefits to Asia Pacific clients
RegTech platform kompany is partnering with Malaysian company information portal, MyData, to increase access to even more of the world’s official company information. With this new agreement, MyData customers will benefit from kompany’s global register network, accessing official company data from more than 115 million companies across 200 countries and jurisdictions.
MyData users will also enjoy the benefit of kompany’s additional anti-money-laundering compliance services including real-time monitoring for perpetual Business KYC (KYB), PEP & Sanctions lists and Adverse Media screenings and other advanced services. With this integration, MyData’s users can reduce their manual Business KYC (KYB) processes and enable a frictionless digital onboarding journey for their own clients, regardless of where they are located and continuously monitor clients throughout the customer life cycle.
For kompany, this partnership marks an important next step in expanding our global register network to the benefit of our clients around the world. “Earlier this year we increased our footprint in Asia by integrating Japan’s National Tax Agency with our network and now, through this partnership with MyData, our clients gain access to Malaysia’s official company register”, explained Russell E. Perry, CEO and co-founder at kompany. “This is excellent news for our existing clients in Asia, especially those in Singapore and throughout the ASEAN region who require official company documents and information from Malaysia.”
Mr. Sheriza B. Zakaria, CEO at Big Dataworks added, “To serve our own customers more thoroughly, we needed a partner with unrivalled coverage and competitive technology built into its service. With the rampant Macau Scam and money laundering cases reported recently, it is high time for the authorities and commercial sector to give a closer look to these organisations and identify the culprits behind it. No other provider can offer the depth, breadth and veracity of data that kompany offers. We are proud to align on our common goals of transforming the way companies fulfil their compliance requirements and look forward to continuing to expand our partnership.”
kompany is the leading RegTech platform for Global Business Verification and Business KYC (KYB) for AML compliance. Its advanced API platform, collaborative web-based KYC workspace and UBO discovery® products provide financial institutions, payment providers, insurers and other regulated corporations the automation platform and tools required for Business KYC (KYB) and audit-proof business verification for anti-money-laundering compliance. Clients include global and international banking groups, FinTechs, Big Four accounting firms, law firms, Banking-as-a-Service and compliance platforms, as well as multinational corporations.
kompany is an alumnus of Mastercard Startpath, Plug and Play FinTech, Raiffeisen Bank International’s Elevator Lab, the Oracle Scale Up programme and founding member of the International RegTech Association and the Austrian Blockchain Association.
It is headquartered in Vienna, Austria with offices in London, New York, and Singapore. kompany is a government licensed clearing house of registers with real-time access to commercial registers, financial and tax authorities worldwide.
Find out more at kompany.com
Source: kompany Press Release