Having established an international presence and expanded its customer base in a predominantly European regulated market, GameTech frontrunner Kaizen Gaming recognised the need to enhance its in-house Know-Your-Client procedures. It entrusted LexisNexis Risk Solutions and Infocredit Group to provide them with a solution that enabled them to carry out more efficient, quality monitoring in order to avert money laundering risks.
Kaizen Gaming’s top priorities included:
• Maintaining the highest level of compliance with AML/CFT regulations
• Expanding to new, fully regulated regions
• Embedding Sanctions and PEP watch lists into their in-house screening solution
Kaizen Gaming focuses on promoting responsible gaming practices, while complying with international AML regulations. Being a tech company itself, it invests heavily in front-line technology and innovation. With the support of LexisNexis Risk Solutions and Infocredit Group, it created a powerful, state-of-the art tool, which incorporated more comprehensive risk data covering PEPs, sanctions and adverse media. With LexisNexis WorldCompliance Data, Kaizen Gaming now screens 100% of their newly verified clients against PEP/sanctions lists at the early registration phase in real time!
This collaboration not only achieved Kaizen Gaming’s KYC objectives but also gave it access to a team of dedicated professionals, who assisted them through every step of the process. In Anastasia’s Voukyklari’s (Senior Compliance Analyst at Kaizen Gaming) own words “Starting from the product itself, the database is impressively large, with the information included complete and sufficient. But what is truly unique is the people; they gave us –and still do - an excellent support from start to finish.”
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For further information on the LexisNexis WorldCompliance tool and to request a free demo, contact ICG MECOS (part of Infocredit Group) on +971 55 7937116 or [email protected].
ICG MECOS, part of Infocredit Group
ICG MECOS, a subsidiary of Infocredit Group, headquartered in Dubai, UAE, has been a leading provider of business intelligence and innovative solutions for over 45 years. It provides high-quality flexible solutions on Compliance, Credit Risk Management, Corporate Governance and Debt Recovery. Through its established international network of strategic partners, including LexisNexis® Risk Solutions, The Chartered Governance Institute (ICSA), VinciWorks and Keesing Technologies, it aims to empower businesses with a reliable and comprehensive suite of tools which assist them to meet their financial, legal and ethical obligations. www.infocredit.ae
LexisNexis Risk Solutions
LexisNexis Risk Solutions is a trusted data analytics provider for organizations seeking actionable insights to manage risks and improve results, while upholding the highest standards for security and privacy. Headquartered in Atlanta USA, LexisNexis Risk Solutions serves customers in more than 100 countries and is part of RELX Group plc, a global provider of information and analytics for professional and business customers across industries. www.lexisnexis.com/risk