Date of Publication:
03/01/2010
March 1, 2010, Wilmington, Del. – RDC, the global leader in decision-ready risk intelligence, today announced a substantial amplification in protection for its customers with the addition of Daily Portfolio Monitoring to the company’s full spectrum of risk and compliance services.
The enhancement of providing Daily Portfolio Monitoring allows organizations to more proactively monitor and mitigate regulatory, financial and reputational risk globally.
RDC’s Daily Portfolio Monitoring identifies hard-to-find risks and delivers alerts to organizations within 24 hours of the event’s appearance in the company’s database, allowing organizations to respond quickly to risk relevant events. Through the service, RDC provides daily monitoring of an organization’s entire client base over the life of the relationship – whether it be customers, suppliers or distributors – combined with expert RDC analyst review of the results. RDC narrows false positives, prioritizes according to the organization’s risk guidelines and gives email notification of material changes, on a real-time basis.
RDC delivers its Portfolio Monitoring service via its own internal, state-of-the-art technology platform and expert analysts, providing customers unmatched confidence that their risk and compliance needs will be met with world-class products and services. Prior to providing Daily Portfolio Monitoring, RDC delivered the service on a weekly basis.
“RDC is pleased to provide Daily Portfolio Monitoring in response to requests from our clients,” said Thomas Obermaier, CEO, RDC. “We understand the significance to clients of receiving mission-critical, decision-ready risk intelligence about their customers proactively on a continual basis, allowing them to respond quickly to significant risk relevant events.”
RDC provides risk and compliance Portfolio Monitoring service to a vast array of clients, ranging from Fortune 50 global financial institutions, middle market financial institutions, money transfer organizations, and insurance, energy and telecommunications companies.
About RDC
RDC, also known as Regulatory Data Corporation, delivers powerful, decision-ready intelligence and world-class risk and compliance protection, allowing global organizations to strengthen fraud protection, ensure regulatory compliance, manage supply and distribution risk, and protect their brand equity. With the world’s largest open source risk-relevant database, RDC provides AML/KYC compliance; Politically Exposed Persons (PEP) protection; emerging market intelligence; corruption, fraud and crime protection; vendor screening and monitoring; and credit risk monitoring to a wide range of clients worldwide. Founded by 20 of the world’s leading financial institutions, today RDC is a Bain Capital and Goldman Sachs portfolio company. For more information, call 888-533-1181 or visit www.rdc.com.
