Dow Jones Risk & Compliance and Dun & Bradstreet Partner on Third-Party Risk Data Solutions
Dow Jones Risk & Compliance and Dun & Bradstreet have agreed to utilize their best-in-class datasets to enhance their respective risk management and regulatory compliance solutions.
Dow Jones Risk & Compliance will make Dun & Bradstreet’s beneficial ownership data available through its web-based platform, RiskCenter, or via API.
Dun & Bradstreet’s Data Cloud, which draws from over 300 million verified business records, will augment proprietary Dow Jones data, providing customers with a more complete picture of entity and individual-level share ownership.
Additionally, Dun & Bradstreet will integrate Dow Jones data related to sanctions risk, negative news, politically exposed persons and state owned-entities into its suite of compliance products, optimizing due-diligence screening available to customers.
Guy Harrison, General Manager at Dow Jones Risk & Compliance, said: “Offering Dun & Bradstreet’s company data within our platform will help our customers save time, simplify their workflows, and more effectively protect themselves from exposure to risk.
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“This partnership speaks to the mutual respect and recognition that Dow Jones and Dun & Bradstreet have for each other’s expertise. We are confident the combined strength of our data will raise the bar across the industry.”
“The data exchange between Dun & Bradstreet and Dow Jones will benefit our customers who rely on us to help with a more efficient, accurate and cost-effective third-party screening,” said Brian Alster, global head of Supply & Compliance at Dun & Bradstreet. “And we’re pleased to be the Beneficial Ownership data provider to Dow Jones, which can help relieve some compliance burden and fast-track standard onboarding.”
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