Tag: Sigma360

RegTech firm Sigma360 has recently outlined how entity resolution can solve for rapidly growing risk data challenges. 

Unsurprisingly, terrorism-related events, especially those connected with recent happenings in the Middle East, have been a dominant topic in news headlines globally.

Leveraging global media for a more proactive stance on risk is the future of financial crime prevention. Traditional methods often involve manual searches across various applications to identify potential threats in customer and counterparty relationships. While this may have been the standard practice in the past, advancements in technology are reshaping the landscape.

Financial institutions play a pivotal role in preventing money laundering. Over the past 18 months, government bodies have frequently highlighted shell companies as significant red flags in anti-money laundering (AML) activities. Consequently, one must ask, is your institution actively identifying shell companies in its transactions? More importantly, can it detect shell companies with tangible sanctions and watchlist links?

Sigma Ratings, a firm that aims to redefine how organisations approach risk management, has now rebranded as Sigma360.