Know-Your-Customer & Compliance and Financial Crime
Really knowing your business partners and customers, and other third parties, is an increasingly complex challenge as regulatory pressures evolve, and bad players become more adept at concealing themselves. Learn more
We are expanding our Know-Your-Customer capabilities to help organizations perform customer research more efficiently. With the world’s most powerful comparable data with extensive corporate structures and beneficial ownership, linked with politically exposed persons, sanctions and other adverse data to deliver new levels of certainty on third parties, and the individuals behind them. We can also help enterprises and public entities explore where the power and control lie in an organization – regardless of levels of ownership.
Our detailed, reliable information for third-party due diligence, anti-money laundering and know-your-customer compliance helps minimize reputation damage and risk exposure. In addition, our data capabilities can help with compliance in the areas of the EU Directives, anti-money laundering, FATCA, OFAC and general reputation risk management and business partner due diligence.
Our recent acquisitions of Bogard AB and PassFort Limited, and planned acquisition of 360kompany AG (kompany), complement Moody’s technology, data and analytical capabilities, and enhance our industry-leading customer solutions for Know Your Customer (KYC), anti-money laundering, compliance and counterparty risk. Moody’s will integrate Bogard, PassFort and kompany into its KYC business within Moody’s Analytics, where they will augment the Orbis company database and the GRID database of risk profiles, adverse news, politically exposed persons and sanctions. In addition, the integration of PassFort’s platform into Moody’s suite of KYC and compliance offerings will create a more holistic workflow solution, allowing customers to incorporate Moody’s data, including credit, cyber, ESG and climate analytics, directly into their proprietary processes. Furthermore, kompany’s API will enable Moody’s customers to complete shareholder analysis and entity verification in real-time, as well as retrieve original company filings and documents to meet their regulatory demands.