This website uses cookies to offer you the best experience online. By continuing to use our website, you agree to the use of cookies. If you would like to know more about cookies and how to manage them please view our privacy policy 

Free trial

20 September 2017

How Compliance Catalyst helped Clyde & Company LLP to streamline their processes and support their growth

Ted Datta

As introduced here a couple of weeks ago, we recently made five short compliance-related videos featuring speakers from our AML4 and sanctions forum.

In the second video in this series, Jonathan Wright – conflicts and compliance team leader at Clyde & Co LLP – discusses how adding Compliance Catalyst has helped his firm speed up its due diligence and compliance processes and make them more efficient. In turn, this has allowed the company to offer a quicker service to its clients.

Jonathan states that Clyde & Co's rapid, multi-national expansion over the past several years led them to look for solutions to help effectively manage and leverage the increase in business across multiple regions. It was this need to streamline their processes that, according to Jonathan, played an instrumental part in his company's decision to start using Compliance Catalyst, which immediately offered them "time savings and cost savings as well".

Jonathan points out that one of the main ways that Compliance Catalyst helps expedite Clyde & Co's onboarding activities is by improving initial response times. He explains: "When we can match a client to a Bureau van Dijk Orbis report, [this] obviously gives us an out-of-the-box risk rating. We can then use our analysts to look at that, check that…" In turn, the fast delivery of risk ratings helps Jonathan's team make quicker decisions – something that not only increases their efficiency, but could also help to facilitate further growth for the company. After all, as Jonathan concludes, "the fact that we can spin round requests that much quicker – I think, ultimately, the clients are going to be really happy with that".

We'll continue to publish commentaries of these videos – such as the one below – over the next few weeks.

Ted Datta

Ted Datta, Director of GRC Solutions

Ted helps organisations streamline their due diligence, onboarding and risk management processes. He is a regular contributor to Europe’s leading compliance
and financial crime forums.

Ted helps organisations streamline their due diligence, onboarding and risk management processes. He is a regular contributor to Europe’s leading compliance
and financial crime forums.

bvdi white logo

How Bureau van Dijk can help you

Certainty is a highly-prized commodity in business. Data might be getting bigger all the time, but this only makes extracting value from it more difficult.

In capturing and treating private company information we aim to give you more certainty – and help you make better decisions and work more efficiently.

 

 

Our solutions are designed to help different business challenges and streamline your workflow. Many of our customers blend our information with their own internal data to get a more complete picture of the companies in their ecosystem.

Try our more certain approach –
welcome to the business of certainty.