Business Wire

Moody’s Analytics Strengthens Compliance Platform for KYC Screening

Share

Moody’s Analytics today announced that it has integrated the Grid database of adverse news, sanctions, and politically exposed persons (PEPs) into Bureau van Dijk’s Compliance Catalyst platform.

Grid is the flagship database of Regulatory DataCorp, which Moody’s acquired in 2020. Integrating Grid into the Compliance Catalyst solution—which is powered by our Orbis entity database of 400 million private and public companies—creates a single platform for customers to derive the right risk-relevant information to support their screening and due diligence programs.

Combining the entity and ownership data in Orbis with Grid’s adverse news and curated risk data (currently around 13 million risk profiles and 3 billion articles) delivers more accurate name matching and reduces the number of false positives when screening individuals and entities.

“We are focused on helping our customers understand who they are doing business with, from many perspectives, and identify potential risk exposure,” said Keith Berry, General Manager at Moody’s Analytics. “Bringing these data resources together lets customers screen and monitor both individuals and entities more efficiently and with greater precision. This is the latest step in the integration of our KYC capabilities to offer customers smarter, and more holistic, screening tools.”

Know Your Customer (KYC) and anti-money laundering (AML) regulations continue to tighten. Regulations such as the Sixth Anti-Money Laundering Directive and the Financial Action Task Force (FATF) recommendations present new challenges for compliance teams. Grid’s combination of data and categorization mean that Compliance Catalyst users can now filter that content by risk type, risk stage, and risk age, based on relevance and their own risk profiles.

Moody’s Analytics KYC and compliance solutions combine expertise, data, and technology from across Moody’s Analytics including from acquisitions Bureau van Dijk, Regulatory DataCorp (now operating under Bureau van Dijk), and Acquire Media.

About Moody’s Analytics

Moody’s Analytics provides financial intelligence and analytical tools to help business leaders make better, faster decisions. Our deep risk expertise, expansive information resources, and innovative application of technology help our clients confidently navigate an evolving marketplace. We are known for our industry-leading and award-winning solutions, made up of research, data, software, and professional services, assembled to deliver a seamless customer experience. We create confidence in thousands of organizations worldwide, with our commitment to excellence, open mindset approach, and focus on meeting customer needs. For more information about Moody’s Analytics, visit our website or connect with us on Twitter or LinkedIn.

Moody's Analytics, Inc. is a subsidiary of Moody's Corporation (NYSE: MCO). Moody’s Corporation reported revenue of $5.4 billion in 2020, employs approximately 11,400 people worldwide and maintains a presence in more than 40 countries.

Contact information

TRACEY SCOTT
Moody’s Analytics Communications
+44.207.772.5207
Moody’s Analytics Media Relations

moodysanalytics.com
twitter.com/moodysanalytics
linkedin.com/company/moodysanalytics

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Xsolla Introduces Safe and Secure Solution to Manage Worldwide Influencer Payouts for Developers of All Sizes19.4.2021 17:00:00 EEST | Press release

Xsolla, the video game commerce company powered by Transaction Engine and Business Engine to help developers and publishers market, sell, connect and optimize their games globally, today introduced its Influencer Payouts solution that allows developers to easily manage safe and secure payouts to influencers who promote their games. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210419005313/en/ Learn how Influencer Payouts can work for you. (Graphic: Business Wire) Xsolla’s new Influencer Payouts solution empowers developers from indie to enterprise-level with a convenient and efficient tool that can automate performance-based payments to content creators utilizing a tiered structure that can quickly be customized and scaled to reach influencers at all levels around the world. Developers can choose from multiple options for influencers, such as revenue sharing based on the number of views, direct sales, or the number of hour

VELO3D Adds Renowned Business Leader Stefan Krause to Board of Directors as Audit Committee Chair19.4.2021 16:04:00 EEST | Press release

VELO3D Inc., a leader in additive manufacturing (AM) for high-value metal parts, today announced the appointment of renowned business leader Stefan Krause to the company’s board of directors as audit committee chair. With more than 30 years of experience working at some of the most recognizable and successful companies in the world, Krause has built a singular career that previously included a chief financial officer (CFO) role at BMW – where he was the youngest ever to hold the position and a member of the management board. Krause then took on a similar role at Deutsche Bank, earning himself a reputation as one of the world’s top CFOs. He also previously served as chairman of Rolls Royce Motorcars, Postbank AG and BHF Bank. He has been in the supervisory boards of Rocket Internet and Allianz AG. Krause has also been involved with multiple startups during his career and has been CEO and co-founder of electric vehicle maker Canoo. “Stefan’s international business background, his experti

Amazon Becomes Europe’s Largest Corporate Buyer of Renewable Energy19.4.2021 16:00:00 EEST | Press release

Amazon (NASDAQ: AMZN) today announced nine new utility-scale wind and solar energy projects in the U.S., Canada, Spain, Sweden, and the UK. The company now has 206 renewable energy projects globally, including 71 utility-scale wind and solar projects and 135 solar rooftops on facilities and stores worldwide, which will generate 8.5 GW of electricity production capacity globally. With this latest announcement, Amazon is now the largest corporate purchaser of renewable energy in Europe, with more than 2.5 GW of renewable energy capacity, enough to power more than two million European homes a year. These projects supply renewable energy to Amazon’s corporate offices, fulfillment centers, Whole Foods Market stores, and Amazon Web Services (AWS) data centers, which power Amazon and millions of AWS customers globally. The renewable energy from these projects also helps Amazon meet its commitment to produce the clean energy equivalent to the electricity used by all consumer Echo devices. All

Schlumberger Will Collaborate With Equinor for DELFI Environment Deployment, Fully Integrated With the OSDU Data Platform19.4.2021 16:00:00 EEST | Press release

Schlumberger and Equinor announced today a strategic project, in collaboration with Microsoft, to deploy the DELFI* cognitive E&P environment, with seamless integration to the OSDU Data Platform—the industry’s new data standard. This project aims to accelerate Equinor’s ability to integrate data at scale and improve decision making. “We are pleased to be working with Equinor and Microsoft to facilitate enhanced resource discovery through this first deployment of the newly-released OSDU Data Platform fully integrated with DELFI,” said Rajeev Sonthalia, president, Digital & Integration, Schlumberger. “This provides a single, unified landscape with seamless access to data that enables the industry to rapidly run AI and data-driven workflows, creating a game-changing increase in efficiency.” The OSDU-enabled solution will be embedded as a key part of Equinor’s Microsoft Azure enterprise-wide data platform, OMNIA. This will establish consistent data standards across the subsurface to enhanc

Gett Strengthens Global Technology Platform to Combine Corporate Fleets and Ride-Hailing19.4.2021 16:00:00 EEST | Press release

Gett, the leading innovator in corporate Ground Transportation Management (GTM), continues to expand its marketplace of global partner fleets onto one technology platform to provide broad geographic coverage and service levels for enterprise clients. Gett launched one of the first-ever on-demand corporate travel services in 2010, attracting Google and Disney among its first clients. With over 10 years of expertise designing seamless ground transportation experiences, Gett reduces corporate spend on ground transportation for its clients by up to 45% by offering price comparison, enforcement of travel policy compliance and optimization of back-office processes. Gett’s platform also provides other benefits, including a seamless rider experience for employers prioritizing the safety and security of their people returning to business travel following Covid-19 lockdown. The expansion of Gett’s global platform coincides with a new supply partnership, as US taxi and e-fleet operator Curb Mobil

XPRIZE Announces the Two Winners of $20m NRG COSIA Carbon XPRIZE, With Each Team Creating Valuable Products out of CO2 Emissions19.4.2021 16:00:00 EEST | Press release

XPRIZE, the global leader in designing and implementing innovative competition models to solve the world’s grandest challenges, today announced that CarbonCure Technologies and CarbonBuilt have won the $20M NRG COSIA Carbon XPRIZE, a prize that set out to convert CO2 emissions into valuable products. Selected by a panel of independent judges, both winning teams developed solutions aimed at reducing CO2 emissions associated with traditional concrete, which is currently the world’s most abundant human-made material and accounts for seven percent of all global CO2 emissions. The two team’s award-winning technologies will be, and already are, game-changers for global decarbonization and the fight against climate change. Launched in 2015, the NRG COSIA Carbon XPRIZE was a five-year global competition developed to address rising CO2 emissions by challenging innovators around the world to develop breakthrough technologies that convert the most CO2 into products with the highest net value. "Th

Duravant To Acquire Foodmate, Provider of Poultry Processing Solutions19.4.2021 16:00:00 EEST | Press release

Duravant LLC (“Duravant”), a global engineered equipment and automation solutions provider to the food processing, packaging and material handling sectors, announced today that it has entered into a definitive agreement to acquire Foodmate, a leading manufacturer of poultry processing equipment dual-headquartered in Ball Ground, Georgia, and Numansdorp, the Netherlands. Foodmate’s automated secondary processing solutions for poultry are widely recognized as the gold standard in the industry. “We are absolutely thrilled with this partnership,” said Mike Kachmer, President and CEO of Duravant. “Foodmate is the preferred provider of processing systems in the poultry processing industry globally. Combine that with their culture of laser-focused innovation and superior engineering expertise, Foodmate is a wonderful addition to the Duravant family.” This partnership brings together two global engineered equipment leaders and extends Duravant’s ability to serve customers and partners in over

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom