Diamond company De Beers Group has selected Datanomic’s dn:Director Sanctions & PEP (Politically Exposed People) Screening software for screening of its supply chain to help the group take proactive steps to maintain the integrity of its diamonds. Screening for risk entities within the business and ensuring traceability is important in mitigating risk.
“Diamond companies are not financial institutions, however we face many of the same global concerns in terms of wanting to ensure we maintain high standards, take proactive steps to guard against any illegal activity and ensure we are doing business with legitimate companies,” said James Suzman, De Beers director of corporate citizenship. “De Beers operates globally and we have to comply with a variety of regulations in different countries. Traceability is extremely important to our business and we wanted a software platform that would automate the screening process for us.”
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more