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

OpenCorporates shortlisted for Best KYC Solution in RegTech Insight Awards Europe 2022

We have exciting news! OpenCorporates has been shortlisted for the Best Know Your Customer Solution category in the RegTech Insight Awards 2022 Europe. The awards "recognise both established solution providers and innovative newcomers, seeking to herald and highlight RegTech solutions that throughout the year have successfully improved firms’ ability to effectively respond to the evolving and ever … Continue reading OpenCorporates shortlisted for Best KYC Solution in RegTech Insight Awards Europe 2022

Why OpenCorporates should be on your approved vendor list

Many large organisations, institutions and companies maintain approved vendor lists. These lists determine which vendors their employees should use whenever they need to procure a wide range of products and services – such as data from external vendors like us. Whether you call them master vendor lists, preferred vendor lists or approved data sources lists, … Continue reading Why OpenCorporates should be on your approved vendor list

10 reasons why KYC professionals rely on OpenCorporates

Millions of OpenCorporates company datapoints are utilised every month – either for free via our open website or at scale via our paid-for API and Bulk Data subscriptions. Many of those using the data are professionals working in: Know Your Customer (KYC), third party risk management, business onboarding or similar compliance related roles. Their challenge … Continue reading 10 reasons why KYC professionals rely on OpenCorporates

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

Case Study: Exiger’s DDIQ automates due diligence verification using OpenCorporates’ data – helping identify risk at scale

“OpenCorporates’ data, when combined with Exiger’s DDIQ, enables our clients to verify who they are doing business with and uncover risk at scale. Millions of due diligence reports produced by DDIQ are driven in some way by OpenCorporates’ data, helping financial institutions and global companies mitigate corruption, financial crime and other integrity risks”.Aaron Narva, Senior … Continue reading Case Study: Exiger’s DDIQ automates due diligence verification using OpenCorporates’ data – helping identify risk at scale

Corporate Signals: Enabling better KYC

Over the past month (18 February - 18 March) despite the challenging environment we are in, in the UK alone there were almost: 60,000 company incorporations 125,000 officers added to newly incorporated or existing companies, with almost 44,000 officers removed from companies51,000 companies that changed status Did you get all that?  Surprisingly, most organisations doing statutory … Continue reading Corporate Signals: Enabling better KYC

Meet Rebecca Lee, Chief Data Officer

Rebecca Lee, OpenCorporates CDO

What is your role at OpenCorporates? I run the data team at OpenCorporates and so I am responsible for all of our data. This encompasses the sourcing of information from local registries, ensuring we understand the data and any quality issues, and transforming it to our standardised datasets which are used by our public benefit … Continue reading Meet Rebecca Lee, Chief Data Officer

Modelling the UK Beneficial Ownership data

As we announced earlier this month, OpenCorporates is now pulling in Beneficial Ownership data from the UK's new PSC (Persons of Significant Control) register. This blog post is a somewhat wonkish explanation of how do we model that information (in layman's terms, how we understand the information and store as data), and in particular, how do that … Continue reading Modelling the UK Beneficial Ownership data

New dataset alert: UK gambling licences

The latest dataset added to OpenCorporates is the list of operator licences from the UK Gambling Commission. This isn’t a huge dataset (nothing compared to the millions of US Business and Professional Licences that we already have), but it is quite interesting nevertheless. First, it’s a key dataset for Anti-Money-Laundering uses, as gambling licences is … Continue reading New dataset alert: UK gambling licences