Opus expands its market-leading KYC data coverage with integration of C6 Intelligence with the Alacra product suite

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Opus, the leading provider of innovative compliance and risk management solutions, announced today the availability of the unique C6 Intelligence (C6) content on its Alacra platform. C6 is a leader in Adverse Media, AML (Anti-Money Laundering), KYC (Know Your Customer) and fraud data. C6 is relied on by banks and regulators as a trusted, independent provider of curated, high-value, up-to-date intelligence. The combination of C6 Intelligence with Alacra’s powerful workflow platform provides clients with seamless access to the broadest range of content to meet their regulatory and enhanced due diligence requirements globally.

The C6 data will be available on Alacra Compliance Enterprise, Alacra Compliance Professional and for ongoing monitoring through the new Surveillance module.

Kelvin Dickenson, Head of Compliance and Data Solutions at Opus, explains: “KYC for client onboarding, periodic and ongoing review is a critical, yet often burdensome process for financial institutions. Balancing speed, quality and cost are always top of mind. By making C6 data available on the Alacra platform we continue to expand our unique ability to provide all three.”

Darren Innes, Chief Executive of C6 Intelligence, says: “We are thrilled to be integrating our uniquely-collated data with Opus’s Alacra solution. Clients will quickly benefit from the combination of the C6 content and the high-speed workflow of the Alacra platform. You can drive efficiencies through reducing false positives with the no-risk addition of C6 data to your existing compliance sources. Our joint clients can benefit from a powerful solution that enables them to achieve the highest level of compliance while reducing costs, in an ever-more demanding regulatory environment.”

With Opus, clients reduce the cost of effective compliance with KYC/CIP (Customer Identification Program) requirements, from Customer Due Diligence (CDD) to Enhanced Due Diligence (EDD), risk-based reviews and credit investigations.

C6 Intelligence provides data and intelligence to major financial institutions, regulators, retailers, airlines, employers, and a wide variety of organizations. They operate in the field of Customer Due Diligence (CDD), covering KYC, On-Going Monitoring, EDD and portfolio Adverse Media monitoring.

Opus was founded on a simple premise: that faster, better decisions in compliance and risk management give businesses an extraordinary advantage in the marketplace.

Today, the world’s most respected global corporations rely on Opus to free their business from the complexity and uncertainty of managing customer, vendor, and third-party risks.

By combining the most innovative SaaS platforms with unparalleled data solutions, Opus turns information into action so your business thrives.

Formed through the $500M partnership of Doug Bergeron, Chairman of Opus, and leading Private Equity Firm GTCR, Opus is changing the landscape of risk management. For more information about Opus, please visit http://www.opus.com/

Since 2004 C6 Intelligence has been gathering the most comprehensive database of actionable intelligence relating to Politically Exposed Persons (Pep’s) and Sanctioned Individuals, Companies and Jurisdictions.

During this time C6 has identified the most relevant local and global sources allowing us to create a unique process of gathering timely, accurate and relevant Adverse Media relating to the FATF predicated crimes list. All of this information is verified by human intelligence and has led to the development of our new Adverse Media managed service.

Our database covers over 200 jurisdiction with over 40 languages, allowing us to pinpoint risks associated with forming new business relationships. Our suite of KYC search and monitoring data solutions, which access our unique and expanding database, provides you with an accurate risk intelligence data results and a reduced false positives. For more information, please visit us at www.c6.intelligence.com

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