Kharon, a provider of research and data analytics of global security threats, has joined Temenos Exchange.
Temenos Exchange is an open marketplace of FinTech solutions for over 3,000 banks and financial institutions around the world. By integrating Kharon’s technology, Temenos customers will gain access to deep insights that can power their financial crimes and trade compliance programs.
Additionally, Temenos banking customers will be able to choose from a range of Kharon’s high priority risk type datasets. These flag direct and indirect exposure to sanctioned persons or jurisdictions. This service can be integrated into Temenos’ Financial Crime Mitigation solution.
Customers will also have access to Kharon’s web-based search tool to check if customers, counterparties, vendors, or suppliers are associated with persons subject to sanctions or other export restrictions.
Kharon head of sales Victoria Lumb said, “Kharon takes financial crimes compliance control frameworks beyond basic screening of sanctioned actors, enhancing them with critical insights into a range of global security threats.
“We are delighted to join Temenos Exchange and to begin working with customers on the core functions of their Financial Crimes Compliance programs, including customer and transaction screening, KYC, and investigations.”
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