SmartSearch, a provider of anti-money-laundering (AML) and digital compliance software, has partnered with LSEG Risk Intelligence, a global financial markets infrastructure and data provider.
SmartSearch’s platform now has access to LSEG’s worldwide data source of more than 40 countries to enhance its AML and digital compliance solutions – in particular its ability to provide instant verification of international individuals.
LSEG’s data allows SmartSearch’s digital compliance technology to verify an individual’s identity (name, address, DOB, national ID) against LSEG’s trusted reference data from governments, credit companies, telecoms, and utility sources.
Fraser Mitchell, technical director at SmartSearch, said: “Individuals who reside internationally are often perceived as higher risk, and yet regularly have the weakest level of verification. We have partnered with LSEG because they provide the highest quality of local global data, sourced from their extensive data provider network, delivering fully comprehensive data coverage worldwide.
“They have industry-leading individual identity match rates and an unmatched, in-depth understanding of the data from a local perspective. This is an exciting development for us and our clients – our horizons are widening as our business expands.”