New York, NY (PRWEB) August 15, 2008
Dow Jones Risk & Compliance and Safe Banking Systems, an innovative provider of anti-money laundering and compliance solutions, today announced the compatibility of their products, Dow Jones Watchlist and SAFE Advanced Solutions®. The synergies between these products will bring a comprehensive filtering solution to Dow Jones Risk & Compliance customers for more effective identification of Politically Exposed Persons (PEPs) and other high-risk entities.
Dow Jones Watchlist is a comprehensive database that provides global coverage of senior PEPs, their family members and business associates as well as other sanctioned individuals and entities. Information and profiles in Dow Jones Watchlist are used by organizations worldwide, including eight out of the world's top ten financial institutions, to support compliance and "Know Your Customer" efforts.
SAFE Advanced Solutions® from Safe Banking Systems is an integrated suite of software and services that makes the filtering process manageable. It provides an automated, risk-based approach to identify, prioritize and investigate relevant alerts through a wide range of products and services that includes SAFE View, SAFE Exposure Index® and SAFE Toolbar®.
About Dow Jones:
Dow Jones & Company (http://www.dowjones.com) is a News Corporation company (NYSE: NWS, NWS.A; ASX: NWS, NWSLV; http://www.newscorp.com). Dow Jones is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Dow Jones Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and provides news content to radio stations in the U.S.
About Safe Banking Systems:
Founded in 1998, Safe Banking Systems develops and delivers automated anti-money laundering and compliance solutions to banks, financial institutions and other business sectors. Its specialized solutions for advanced filtering, KYC/EDD and watch-list management help convert complex tasks into manageable processes that withstand regulatory review. The company is headquartered in New York. For more information about Safe Banking Systems, visit http://www.safe-banking.com.