London, UK (PRWEB) July 1, 2009
World-Check, the leading provider of end-to-end risk management services, today announced a further period of client growth since August 2008, adding over 800 new clients. Founded in late 2000, the privately held company has steadily built its client base to more than 3800 institutions.
"With the addition of a country risk assessment tool, Country-Check, and the acquisition of IntegraScreen's Enhanced Due Diligence (EDD) reports, the past year has seen us expand our product suite substantially" said Daniel Peak, Chief Executive Officer of World-Check. "It is testament to our strong management structures and world-class research, sales and technology teams that the company continues to expand its product offerings, client base and remains strong financially despite the difficult global economic climate. By integrating our strengths in multiple areas of the risk mitigation process, we are able to offer clients an indispensible and comprehensive risk reduction programme."
"World-Check is entering its 9th year in business and demand for our services continues to grow. Since first launching our Online service the number of manual individual name searches in our system has increased phenomenally from 12 million names in 2006 to more than 24 million names in 2008", said David Leppan, World-Check founder and Chairman. "Top of our minds during this tough economic period is to continue to enhance our customers' service experience by listening and adapting to their needs and requirements. 2009 has seen us deliver a strong return on significant re-investments in our operations over the past two years, and we have consistently maintained a 98% year-on-year client renewal rate which remains significant to our company's ongoing success."
World-Check serves clients in the financial services industry as well as various other sectors including, insurance, legal, gaming, aviation, real estate, consulting, natural resources and accounting, to name but a few.
Trusted by more than 3,800 institutions in over 160 countries, including 49 of the world's top 50 banks, World-Check offers an end-to-end solution for assessing, managing and remediating financial, regulatory and reputational risks
World-Check's global database of heightened risk individuals and entities, Enhanced Due Diligence (EDD) reports, passport verification and country risk assessment tools provide the means to address the full spectrum of risk across all markets and industries.
Represented across five continents, World-Check's international research team monitors emerging risks in more than 50 languages, covering over 240 countries and territories worldwide.
For more information visit http://www.world-check.com/