RDC’s Risk Intelligence data now available on RegTech One, SURETY Eco


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RegTech firms agree to integrate sanctions and adverse-media service into RegTech platform and KYC/AML solution

RDC and AML Partners have formed a strategic partnership to further advance financial institutions’ efforts to combat money laundering and terror financing. RDC’s risk intelligence data, including sanctions and adverse media, will now be available through an integrated API on AML Partners’ RegTech One platform and also across SURETY Eco, the end-to-end AML ecosystem.  In addition to providing risk intelligence, RDC’s SaaS platform provides customer screening and can be augmented with reviews from in-house compliance analysts.

With the integration of RDC’s screening solution for sanctions and adverse media on AML Partners’ RegTech One platform and its SURETY Eco AML ecosystem, financial institutions gain even greater effectiveness and efficiency in their high-stakes efforts to comply with sanctions-screening requirements and to mitigate their Risk.

Powered by RegTech One, SURETY Eco integrates KYC/CDD, Behavior Monitoring, Sanctions Screening, and FinCEN 314a for end-to-end AML Compliance. And with the integration of RDC’s data and screening services, users will have an even more comprehensive system for achieving KYC/AML Compliance. Moreover, RDC’s screening and data services will be integrated with the RegTech One platform’s Ecosystem of Data, so that screening and risk mitigation may be applied to data across the user’s enterprise.

Frank Cummings, CEO of AML Partners, describes the benefits of this strategic partnership to institutions for whom sanctions screening and adverse media are crucial concerns: “Sanctions-screening requirements and tracking of adverse media are massive and never-ending commitments for financial institutions. RDC’s screening and data services provide high-quality support and expertise in these efforts. A strategic partnership with RDC is a great fit for AML Partners, and together we can improve the outcomes for client financial institutions and their efforts to achieve peak AML Compliance,” Cummings said.

Tom Walsh, chief executive officer of RDC, also emphasized the benefit to institutions working hard to prevent financial crime: ”For years, RDC has been delivering the highest-quality customer screening experience for global financial institutions,” Tom Walsh said. “We’re delighted to be helping to partner with AML Partners and turbo-charge their RegTech One platform, empowering our mutual customers to better combat financial crime.”

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About AML Partners, LLC

AML Partners is a Behavioral Risk software-development and consulting firm; AML Partners specializes in RegTech platform technology for eGRC and in Comply on the FlyTMsoftware solutions for Anti-Money Laundering and Countering Terrorist Financing (AML/CTF). AML Partners’ expertise in AML/CTF, RegTech, Risk Management, Workflow Processes, and Software Development drives its delivery of software solutions uniquely tailored to the needs of financial institutions and other enterprise clients with eGRC concerns.

About RDC:

Regulatory DataCorp, Inc.,(RDC), the Smarter ScreeningTMcompany prevents criminal infiltration of the world’s financial systems by delivering automated, intelligent customer screening and decision-ready intelligence. RDC enables organizations in more than 100 countries to strengthen their KYC/AML, fraud and Politically Exposed Persons (PEPs) protection, ensure sanctions and watchlist compliance, protect their brand and reputation and manage supply chain and vendor risks.  Founded by 20 of the world’s leading financial institutions, today RDC is a Vista Equity Partners portfolio company. Learn more about RDC by emailing info@rdc.com or visiting www.rdc.com.