Refinitiv expands its database for KYC and risk mitigation services

Friday 26 July 2019 10:01 CET | News

Refinitiv has combined Ultimate Beneficial Ownership data (UBO) and Vessel data into its Risk Intelligence platform World-Check One.

The platform helps to create a resource, which aims to unpack complicated ownership structures and screen entities in line with KYC and financial crime regulations globally. The addition of UBO data and Vessel information within World-Check One is meant to facilitate organisations establish a more robust due diligence process and create a more hostile environment for criminals to operate.

World-Check One is Refinitiv’s platform that simplifies the due diligence process and makes KYC remediation. It combines purpose-built screening software with proprietary and trusted World-Check Risk Intelligence data in order for the organisations across the world to meet their regulatory obligations.

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Keywords: Refinitiv, KYC, risk mitigation, regulations, proprietary data, due diligence, financial crime, AML
Countries: World


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