In May 2019, A-Team Insight held the RegTech Insight Awards in London. We were thrilled to win the award for “Best Data Solution for KYC” for our solutions including Orbis, the world’s most powerful comparable resource on private companies.
Bill Hauserman, senior director of compliance solutions for Bureau van Dijk, describes how data from Orbis can improve compliance processes, identify risk and prevent financial crime.
“It really is fundamental that we have to make it harder for the bad actors to hide,” Hauserman says. “Because if it is more transparency in who is actually running things, we actually might make a dent in reducing money laundering that's happening pervasively, in trillion-plus dollars a year."
"Control is at the heart of us being able to manage how we find where the risks are," he adds. "The bad actors are so good now at hiding, that what we're trying to do is understand, how can someone be invisible but control an organization?"
Orbis is the world's most powerful comparable data resource on private companies
It gives you:
- PEPs, sanctioned and “sanctioned-by-extension” entities
- beneficial owners
- global and domestic ultimate owners
- unique identifiers, LEI and other official company numbers
- AML documentation
- news including adverse news filters