Equiniti Acquires Risk Factor and KYCnet

Equiniti Group plc, a provider of financial and technology solutions, has completed a series of deals, acquiring Risk Factor and KYCnet BV (KYCnet) as it looks to solidify its role amongst specialist technology providers, according to an Equiniti statement.

Equiniti's latest moves in the mergers and acquisitions (M&A) space illustrate the group’s desire to strengthen its focus towards clients with complex and regulated administration needs. The new acquisitions of Risk Factor and KYCnet are important as they fit into Equiniti’s strategy of developing and acquiring specialist technology platforms.

RiskFactor is a provider of fraud Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term software for commercial finance lending – its integration into Equiniti’s solutions suite will serve as a complement to Equiniti’s other ‘control risk’ capabilities. The area is particularly of note, given the industry-wide focus on operational Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and big data trends, as well as the realized benefits of fraud prevention.

KYCnet is an existing Know-Your-Customer (KYC) technology and services provider that helps organizations verify and on-board their respective clientele. The group also provides a plethora of workflow technological capabilities for commercial and retail clients with anti-money laundering applications across financial services and sectors. Consequent to the acquisition, Equiniti will be strategically focused to assist financial services clients that have a KYC need.

According to Guy Wakeley, Chief Executive of Equiniti, in a recent statement on the acquisitions: “We are excited to be delivering on our strategy of developing and acquiring specialist technology platforms with the acquisitions of RiskFactor and KYCnet.”

“The challenges of regulation, digitisation and cost reduction are particularly relevant to our client base both in financial services sector and beyond and the acquisition of these scalable platforms will help to meet these needs. This further demonstrates our position as a provider of innovative technology-led solutions and are examples of the progress we continue to make in enhancing the range of services we offer clients and driving growth through high quality acquisitions,” he added.