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  Security Software Zone » Software Reviews » Privacy » First Wave of Web Self Service Features Released by Regulatory DataCorp

First Wave of Web Self Service Features Released by Regulatory DataCorp

Category: Privacy
Published: 06/03/2008, 10:58  
Editor: Catalin Buda
 
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Founded by 20 of the largest financial institutions and the most recognized provider of risk-relevant data focused on regulatory compliance related to Anti-Money Laundering (AML) and Know Your Customer (KYC) in the financial services industry, Regulatory DataCorp, International (RDC), today announced that it is releasing the first in a series of innovative Web Self Service (WSS) features for their cllients. So that Clients can access and manage compliance due diligence efforts for on-boarding and ongoing monitoring of Clients, the WSS features are designed with maximum flexibility. Along with viewing and download reports through RDC's web based interface, clients can submit, track and search the status of inquiries.

To further enhance Clients' compliance efforts, delivering high-quality data to help identify illicit activities of vendors, customers, contractors and employees, additional Web Self Service features and new products will be deployed over the next few months.

Utilizing the backbone of RDC's proprietary technology infrastructure, GRID®, (Global Regulatory Information Database®), RDC is dedicated to disseminating essential compliance information. Being continually updated with over 2,500 new records daily, GRID is a collection of more than 3 million data records aggregated from 15,000 public sources. GRID is the most comprehensive database of open source, risk relevant data in the world comprised of regulatory authority actions, global government lists, media, and politically exposed persons (PEPS) records.
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