Adam Mulliken

UK-based companies – Acuris Risk Intelligence, a provider of data intelligence for anti-money laundering, anti-corruption and cybersecurity professionals, has announced its partnership with technology company Quantifind, to boost its anti-money laundering (AML) investigations.

“Thanks to this partnership with Acuris, we are adding a global, trusted and high-quality source of Publicly Exposed Persons data to our existing portfolio of data sources. This is a critical step in our journey to bring our financial crime applications to the market and help financial institutions improve the efficiency of the AML and KYC investigations,” says Adam Mulliken, SVP of Analytics and General Manager for Quantifind’s Financial Crimes business line.

The partnership is expected to provide Quantifind’s client with access to a quality data source, KYC6, Acuris Risk Intelligence’s online portal. This would enable Quantifind to provide compliance teams with key capabilities of individuals via search, on-going monitoring, sanctions and Enhanced Due Diligence (EDD) report. AI is at the forefront of Quantifind’s AML and fraud alerts helping an efficiency gain of 30%.

“We are delighted to partner with Quantifind and help them enhance their AML investigations with the integration of our data into their systems. Their sophisticated AI techniques will work alongside our world-class data to provide clients with accurate and timely information,” states Joel Lange, Managing Director, Acuris Risk Intelligence.

Acuris Risk Intelligence was established in 2004 as C6 and is a  supplier of proprietary data on PEPs, sanctions and AML data for due diligence and compliance.

by Megha Bhattacharya
Market Analyst at IBS Intelligence