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Datanomic announce strategic partnership with World-Check

Datanomic announce strategic partnership with World-Check

13 Nov 2007

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World-Check and Datanomic to provide an integrated client screening solution

LONDON, November 13, 2007: World-Check, the leading global provider of structured risk intelligence, today announced a strategic partnership with data management software specialists Datanomic, to provide a unique turnkey solution for the batch screening of client databases.

Regulatory initiatives such as Basel II, MiFID and the 3rd EU Money Laundering Directive have placed a significant burden on compliance professionals. The legal requirement to regularly screen customers, presents institutions with new operational challenges. World-Check and Datanomic’s partnership will offer customers the benefit of a proven, fully integrated best-of-breed solution that will assist institutions to effectively screen new and existing clients for risk, whilst reducing complexity and administrative overheads.

Datanomic’s customizable data matching solution drastically reduces false positive rates and is designed for ease of use by non-technical users. The template which is fully compatible with World-Check’s highly-structured database, enables users to define how closely any two records match. Standard comparisons are pre-configured but can be edited, removed or new ones added in a risk-based approach. When the defined thresholds are met, the decision of Match, No Match or Review can be automated. Most importantly, Datanomic’s match rules mean manual decisions made on reviewed records will automatically be remembered next time the data is processed, unless either record has changed.

Already relied upon by more than 2500 institutions, World-Check is at the forefront of international risk research and intelligence, regularly profiling heightened risk individuals and businesses years before their names appear on the world’s official sanctions lists, making the database the ultimate “early warning system” against regulatory and reputation risk.

“Building on our existing partnership with Datanomic, this comprehensive and seamless solution reflects our corporate strategy of aligning ourselves with companies that are “best-of-breed” in their fields.” said David Leppan, CEO and

founder of World-Check. “Financial services, lawyers, accountants and other organisations that are subject to AML and CFT regulations can now harness this turnkey solution to meet their KYC, PEP and anti-money laundering requirements effortlessly and efficiently”.


World-Check provides its global open source intelligence database to more than 2500 institutions in 135 countries, including 46 of the world’s 50 largest financial institutions, and more than 200 enforcement and regulatory agencies in 90 countries. The database is updated daily in real-time by World-Check’s international research team, and is derived from hundreds of thousands of public sources. Coverage includes Politically Exposed Persons (PEPs), money launderers, fraudsters, terrorists and sanctioned entities – plus individuals and businesses from over a dozen other high-risk categories. World-Check’s database and tools find direct application in financial compliance, anti-money laundering (AML), Know-Your-Customer (KYC), PEP screening, enhanced due diligence (EDD), fraud prevention, government intelligence and other identity authentication, background screening and risk-prevention practices. World-Check offers a downloadable database for the automated screening of an entire customer base, as well as a simple online service for quick customer screening.


Datanomic’s holistic approach to data management enables its growing list of European and North American blue chip clients to rapidly achieve a Return on Investment by exposing and correcting deficiencies in information the business relies upon. Our clients come from a wide spectrum of industries including financial services, telecommunications, government, professional services and engineering. We are proud to count Barclaycard, Alliance & Leicester, Deutsche Bank, GAM, Davy, PricewaterhouseCoopers, KPMG, BellSouth, AMEC Oil & Gas and a number of NHS Trusts among our customers.

For further information, please contact:

Marion Willson
Tel: +44 20 8099 7263
For more information about World-Check go to

Vanessa Land
Devonshire Marketing (PR for Datanomic) Tel: 01276 675571

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Datanomic announce strategic partnership with World-Check


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