29 March 2015

Thomson Reuters buys World-Check

17 May 2011  |  11262 views  |  0 Risk

Thomson Reuters has acquired London-based financial crime and corruption prevention specialist World-Check. Financial terms of the deal were not disclosed.

World-Check claims 49 of the world's top 50 banks use its database of risky individuals and businesses to screen their customers, associates, transactions and employees.

The firm, which employees around 500 people in 11 locations around the world, will continue to be led by current CEO anf romer Thomson alumni Dan Peak as part of Thomson Reuters' governance, risk & compliance (GRC) business.

With financial crime one of the fastest growing areas of regulatory risk for businesses, the acquisition boosts Thomson Reuters' position in the market, complementing the introduction earlier this year of Accelus, a suite of information, software and services for compliance, audit, legal, mergers and acquisitions, and risk professionals.

David Craig, president, GRC, Thomson Reuters, says: "Growing our presence in the GRC sector is a key strategic priority for Thomson Reuters, and the addition of World-Check will extend our presence in the important and fast-growing financial crime and corruption prevention segment."

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

01 March, 2011
28 October, 2010

Related company news

 

Who is commenting?

Top topics

Most viewed Most shared
Banking has reached a digital tipping poin...
9972 views comments | 54 tweets | 30 linkedin
Europe sets the pace as fintech investment...
5520 views comments | 29 tweets | 20 linkedin
Google preps Gmail bill payment feature
4698 views comments | 13 tweets | 12 linkedin
Barclays and PayPal join Government ID acc...
4505 views comments | 10 tweets | 11 linkedin
Future Money Focus: Mariano Belinky, Santa...
4257 views comments | 7 tweets | 10 linkedin

Featured job

Competitive Package
London or Frankfurt

Find your next job