BST Awards 2022: Best buy-side compliance product (KYC)—Moody’s Analytics
Product: Moody’s Analytics KYC solutions
Overview
Moody’s Analytics KYC solutions help to assess, screen and monitor individuals and companies to streamline know your customer (KYC) processes, reduce workloads and provide accurate views of risk.
What problem does it address?
With real-time entity identification and verification by kompany, more than 425 million entities in Orbis, and over 16 million risk profiles on individuals and companies in Grid, Moody’s Analytics’ solutions continuously monitor and screen more than 6 trillion names. PassFort augments Orbis company data, the Grid database and kompany datasets, allowing the New York-based firm to deliver a comprehensive compliance offering.
Secret sauce
Moody’s Analytics entity information and analytics expertise, combined with its ongoing investment in the space, constitute one of the industry’s leaders in KYC and due diligence services. The firm continuously curates one of the most comprehensive and contextually rich risk intelligence databases in the industry, allowing its clients to make faster, more judicious business and regulatory decisions.
Recent milestones
- The Grid risk database was integrated into the Orbis entity database to provide clients with a complete view of risk.
- Orbis entity data was integrated into the PassFort workflow tool, allowing customers to run company data checks while onboarding customers.
- PassFort Communicate forms are now available in six languages.
“Moody’s Analytics is setting the standard for KYC excellence, empowering our customers to act confidently and make informed risk decisions about who they are doing business with. Buy-side firms are facing complex, emerging risks that require an integrated approach. Today, we have unparalleled solutions that help uncover essential information, including detailed ultimate beneficial owner (UBO) structures and sanctions risks, allowing our customers to conduct responsible business faster and more efficiently than they thought was possible.”
Keith Berry, general manager, KYC/KYS, Moody’s Analytics
Future objectives
Sanctions360 is a sanctions investigation and monitoring tool that looks across ownership, close associates and politically exposed persons (PEPs) to uncover hidden sanction risks. Sanctions360 keeps up with constant changes in the sanctions rules across different jurisdictions to simplify the process of finding sanction risk.
Project Iceberg is an AI-driven KYC onboarding tool used to expose and illuminate heightened shell company risk and the hidden risks associated with complex beneficial ownership schemes.
Why they won
Judging by the number of high-quality entries across the four compliance categories in this year’s BST Awards, it’s fair to say that compliance issues are top-of-mind for buy-side firms and the data and technology firms serving them. Moody’s Analytics is a case in point, winning the KYC variant thanks to its Moody’s Analytics KYC solutions featuring three core offerings: kompany, Orbis and Grid, which combined monitor an astonishing 6 trillion private and company names. The firm’s Sanctions360 offering is set to further enhance the Moody’s Analytics proposition, providing the buy side with a one-stop shop for all their KYC compliance needs.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Best data governance solution—Siepe
Siepe wins Best data governance solution at the IMD & IRD Awards 2025.
Best reference data initiative—Derivatives Services Bureau
The DSB wins Best reference data initiative at the IMD & IRD Awards 2025.
Best corporate actions managed service—S&P Global Market Intelligence
S&P Global Market Intelligence wins Best corporate actions managed service at the IMD & IRD Awards 2025.
Sell-Side Technology Awards 2025: Best distributed-ledger technology—Broadridge Financial Solutions
Project: Distributed Ledger Repo (DLR)
Sell-Side Technology Awards 2025: Best sell-side back-office platform—FIS
Product: FIS Post Trade Processing Platform