For Immediate Release
OpenCorporates gives Opus clients access to the largest database of companies in the world
New York, London – Opus today announced that OpenCorporates data is now included in Clarity KYC, the Opus SaaS workflow solution that facilitates compliance with Know Your Customer / Anti-Money Laundering (KYC/AML) requirements.
Financial institutions are spending millions of dollars cleaning data yet business data is said to decay 25% each year. With regulation like 5MLD looming in Europe and regulators around the world becoming increasingly stringent, access to business registry and reference data is mission-critical. OpenCorporates is the largest open database of companies in the world and the leading source for “white box” company data and provides Opus customers the official business register information of 180 million companies, covers 130 jurisdictions including all US states and is fully integrated with Clarity KYC company and officer search.
Clarity KYC integrates business entity identification, screening and due diligence, reporting and monitoring into a single intuitive solution to accelerate compliance with Know Your Customers / Anti-Money Laundering (KYC/AML) requirements. “OpenCorporates,” Kelvin Dickenson, President of Opus said, “combined with our unique embedded google search technology and access to the world’s largest selection of premium risk relevant data providers, makes Clarity KYC the leading choice solution for KYC/CDD/EDD/CIP due diligence.”
In partnership with OpenCorporates, Opus Clarity KYC further enables Opus clients to onboard and monitor for KYC with confidence and in a fraction of the time it used to take. Clarity KYC is built on a proven, enterprise-grade cloud platform that supports the world’s largest financial institutions and is powered by Opus Data Solutions, the world’s largest source of cross-indexed entity reference data.
Today, the world’s largest financial institutions rely on Opus to free their business from the complexity of managing their KYC, AML, entity data, regulatory reporting and compliance risks. By combining the most innovative automation platforms with unique data management solutions, Opus turns information into action so that businesses thrive. For more, visit http://www.opus.com.
About Open Corporates
As the largest, open database of companies in the world, our business is making high-quality, official company data openly available. Data that can be trusted, accessed, analyzed and interrogated when and how it’s needed. For more, visit https://opencorporates.com/info/our-data/.
Carol Ann Thomas
Marketing Manager, Opus