23 January 2018
visit www.ebaday.com

CounterpartyLink upgrades legal entity data product

07 November 2005  |  1484 views  |  0 Source: CounterpartyLink

CounterpartyLink has announced the next release of its product, version 1.2.

The new product release improves on the earlier version by including more comprehensive and detailed listing, registration and regulator information. It also now includes additional industry-standard identifiers.

CounterpartyLink provides auditable legal entity data designed to help organisations meet the growing requirements of AML compliance, credit risk management, securities processing and client database/CRM applications.

The first adopter is Cicada, which is using the feed as part of a legal entity data sourcing and customised data management solution for a major bank.

"CounterpartyLink is committed to continually enhancing our product to respond to market drivers and the requirements of regulatory compliance," said Christoph Lammersdorf, CounterpartyLink Managing Director. "This release strengthens even further our position as a natural partner in an effective customer verification strategy."

CounterpartyLink data is collected in centres around the world and is verified and maintained using rigorous, documented processes and procedures. All data collection and intervention is supported by an audit trail to aid in meeting compliance requirements.

Issuer and hierarchy data, as well as the related linkages needed to integrate with other data sources, are monitored continuously for corporate actions and other changes that affect the data.

The types of entities covered include corporations, funds and fund managers, financial institutions, governments, and most other common entities and their immediate, intermediate, and ultimate parents.

The data provided by CounterpartyLink is available through a subscription-based license, driven by user-defined interest lists. The data is delivered to customers on a daily basis, in a choice of file formats including XML and CSV (comma-delimited) files.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.fivedegrees.nlvisit www.ebaday.com

Top topics

Most viewed Most shared
Banks shift priorities toward growth, digitisation and innovation - surveyBanks shift priorities toward growth, digi...
9623 views comments | 38 tweets | 48 linkedin
Standard Chartered establishes fintech innovation and investment unitStandard Chartered establishes fintech inn...
9340 views comments | 14 tweets | 14 linkedin
BofA leads on blockchain patentsBofA leads on blockchain patents
9060 views comments | 12 tweets | 12 linkedin
Sbanken opens developer portal and invites customers to build their own digital bankSbanken opens developer portal and invites...
8429 views comments | 17 tweets | 11 linkedin
Metro Bank joins digital revolution with instant online account openingMetro Bank joins digital revolution with i...
7004 views comments | 13 tweets | 25 linkedin

Featured job

Competitive base + commission
London, UK

Find your next job