“Know Your Client” guidelines gained global popularity after the September 11 attacks. The World Trade Centre bombing in the United States brought into focus, the need to monitor, investigate and report transactions of a suspicious nature by financial institutions, heralding in its wake several legislations such as the US Patriot Act 2002 for countering terrorist activities.

Today, Know Your Client Compliance reports are employed across a broad spectrum of companies, including banks, financial institutions, accountants,  lawyers and multi-national companies in order to identify their potential customers, clients, agents or distributors and ascertain relevant information pertinent to doing financial business with them.

Datamatics Financials' Compliance reports aids companies in identifying, verifying, and classifying risks, if any in conducting business with a prospective partner/agent, from a wide variety of public and private sources.

In order to satisfy these needs, Datamatics Financials' Compliance reports provide

• Detailed information on a client's identity, including intelligence on the client's historical background, its decision makers and ownership structure.
• Media Monitoring services including a detailed worldwide media search spanning over more than 15 years
• Information on past and present litigation, its status and details.