[Podcast] Partners in Crime: Behind the investigation into the abuse of LLPs by Transparency International UK

With countries like the UK and the US having anti-bribery laws and generally strong governance standards – some think that corruption is a problem for ‘somewhere else’. That’s also because corruption is hidden behind a veil of corporate opacity, often through legal entities acting as getaway vehicles instead of legitimate businesses.  But just how widespread … Continue reading [Podcast] Partners in Crime: Behind the investigation into the abuse of LLPs by Transparency International UK

Transparency International UK uses OpenCorporates data to expose abuse of UK LLPs

What’s one thing that some of the most high-profile financial crime schemes have in common? The answer: UK companies. The Azerbaijani Laundromat? UK companies. The Troika Laundromat? UK companies. You get the idea – and financial crime compliance professionals won’t be surprised by this. The latest in this consistent trend comes via research from Transparency … Continue reading Transparency International UK uses OpenCorporates data to expose abuse of UK LLPs

Case study: Quantexa uncovers risk hidden in corporate networks using OpenCorporates data

“OpenCorporates’ global company data enables us to resolve entities and piece together complex corporate networks in our knowledge graph – so our customers can uncover risks that wouldn’t otherwise be visible”. Alex BraidGlobal Head of Credit Risk SolutionsQuantexa Challenge Managing third party, credit, fraud and other risks is made difficult by the complexity of corporate … Continue reading Case study: Quantexa uncovers risk hidden in corporate networks using OpenCorporates data

Case study: Sonovate accelerates customer onboarding & credit decisions with OpenCorporates data

“Integrating the OpenCorporates API into Sonovate enables our customers to receive real-time invoice finance credit decisions and saves our risk team many hours when onboarding new customers”. Bob StrudwickCTOSonovate Challenge Sonovate is on a mission to reshape the future of work through its embedded payments and invoice factoring solutions. Focusing on recruitment agencies, consultancies and … Continue reading Case study: Sonovate accelerates customer onboarding & credit decisions with OpenCorporates data

Isle of Man Financial Intelligence Unit integrates OpenCorporates data to help detect financial crime

The Isle of Man Financial Intelligence Unit (FIU) has acquired OpenCorporates’ data to support its mission ‘to protect the integrity of the Isle of Man’s financial system’. As part of this remit, the FIU aims to use OpenCorporates’ data to help detect financial crimes such as money laundering, as well as terrorist financing. This helps … Continue reading Isle of Man Financial Intelligence Unit integrates OpenCorporates data to help detect financial crime

Tresata partners with OpenCorporates in the fight against financial crime

Tresata’s AI platform integrates global company data from OpenCorporates to expose bad actors and actualize potential nth degree party risk Tresata and OpenCorporates announced today a global partnership that will transform the way white collar crime experts, financial institutions, investigative journalists, risk and compliance leaders, and citizens at large combat financial crime. This partnership will … Continue reading Tresata partners with OpenCorporates in the fight against financial crime

Case study: ethiXbase automates supply chain risk management with OpenCorporates’ data

“OpenCorporates plays a crucial role in our platform. Receiving company information with global coverage at scale from OpenCorporates helps our users to better understand who they’re dealing with in their supply chains”.  Michael ShortCo-Founder & Managing Director – Special ProjectsethiXbase Challenge Supply chain risk management is an increasing challenge for international companies.  Stringent anti-corruption regulation, … Continue reading Case study: ethiXbase automates supply chain risk management with OpenCorporates’ data

Case study: OpenCorporates’ data helps Encompass automate Know Your Customer due diligence

“OpenCorporates' company data, when combined with on demand registry, regulator and exchange information from Encompass, helps our customers understand the full picture about a customer or other third party – fast. This means they can make more informed decisions as part of their Know Your Customer or anti-money laundering activities”. Alan SamuelsHead of ProductEncompass Challenge … Continue reading Case study: OpenCorporates’ data helps Encompass automate Know Your Customer due diligence

OpenCorporates’ data helps TISCreport go global

TISCreport is an online platform with a bold ambition: to help end corruption, human rights abuses and environmental crimes.  It aims to deliver on this mission by shining a light on the companies that make up corporate supply chains using a range of data sources, especially those that take an open data approach.  Read on … Continue reading OpenCorporates’ data helps TISCreport go global

Connecting the dots with network analytics? Why your next investigation needs White Box data

Between 715 billion and 1.87 trillion Euros is laundered around the world each year, according to estimates from the United Nations Office on Drugs and Crime. That’s the equivalent of between 2 and 5 percent of global GDP. A key challenge in uncovering illicit financial flows is the incomplete picture analysts have, caused by poor … Continue reading Connecting the dots with network analytics? Why your next investigation needs White Box data