Toronto, Canada (PRWEB) October 9, 2009
SymSure Limited, a global software company, and World-Check, the leading provider of end-to-end risk management services, are pleased to announce a strategic technology partnership that will offer an integrated solution for business units across multiple industries.
One of the major compliance requirements regulated institutions around the world continue to face is identifying and gauging their potential risks. This solution dynamically accesses the World-Check global database of Politically Exposed Persons (PEPs) and heightened risk individuals and entities, and enables businesses to efficiently screen their customers, vendors, partners, transactions and employees for potential risk. World-Check monitors and tracks 24 risk categories including money launderers, financial criminals, arms dealers, narcotics traffickers, terrorists and sanctioned entities to name a few.
Commenting on the strategic partnership Daniel Peak, World-Check Chief Executive officer said: "Our risk management service helps companies understand who they are really doing business with. The combination of World-Check intelligence and SymSure's cutting-edge monitoring and alerting software make for a strong partnership that will bring unique value to our customers. We are pleased to work with a technology partner such as SymSure who have demonstrated a strong commitment to varying clients across global markets."
"SymSure with World-Check provides a solution that will allow companies to continuously and effectively address their regulatory requirements whilst proactively controlling risks", said Andrew Simpson, Founder and CEO, SymSure Limited. The product is a unique collaboration that addresses a full spectrum of risks across all markets and industries and is immediately available directly from both companies and their Global distribution networks.
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 monitoring financial, regulatory and reputational risks.
World-Check's global database of Politically Exposed Persons and heightened risk individuals and organizations, due diligence 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, please visit http://www.world-check.com
SymSure Limited is a global software company providing solutions and services for continuously monitoring controls, risks and processes across the enterprise. Its clients include a wide variety of organizations ranging from financial institutions, manufacturing, law enforcement agencies and government departments. http://www.symsure.com