#Japan #Tokyo #SP Network #Open Co. #SP RISK SEARCH

Open Co. Launches 'SP RISK SEARCH' for Compliance Checks

In an innovative move towards compliance management, Open Co., a subsidiary of Open Group Corporation based in Minato-ku, Tokyo, has announced the launch of its new platform, 'SP RISK SEARCH Supported by RoboRobo'. Effective from July 2023, organizations can begin applying for utilization of this groundbreaking system, developed in collaboration with SP Network, a leading crisis management specialist.

What is SP RISK SEARCH?

Designed to address the increasing complexities of compliance in today's corporate environment, SP RISK SEARCH leverages artificial intelligence combined with SPN’s extensive anti-social force database (Anti-Social DB). The platform provides businesses with instantaneous querying capabilities across multiple data sources, adding an extra layer of efficiency and reliability to risk management processes. Key features include:

• - Integration of Diverse Data Sources: The platform facilitates access to a plethora of information, including internet rumors, bankruptcy records, incident reports from newspaper articles, credit information, and negative details concerning both domestic and international entities.
• - User-Friendly Management Tools: The service ensures ease of navigation for users, enabling efficient retrieval and management of search results.

The Need for Advanced Compliance Checks

As the focus on compliance grows stronger, especially against the backdrop of increasing scrutiny regarding relationships with anti-social entities, companies are increasingly emphasizing the reliability and sustainability of their information sources. SPN's longstanding commitment to database development since 2004 has resulted in the accumulation of approximately 600,000 entries in Japan’s largest anti-social force database, which forms the backbone of SP RISK SEARCH.

Within this context, SP RISK SEARCH allows organizations to cultivate a more comprehensive understanding of past relationships with anti-social entities, thus fostering informed decision-making.

Key Features of SP RISK SEARCH

• - Comprehensive Data Extraction: The database extracts relevant attributes of individuals and businesses previously flagged for anti-social behavior, significantly minimizing irrelevant data and enabling streamlined investigations.
• - Historical Contextualization: Users can trace back through decades of information, permitting them to contextualize risk assessments within a comprehensive chronological scope, thereby enhancing accuracy when identifying individuals or organizations involved.
• - Efficiency in Decision-Making: By harnessing AI and RPA technologies, the platform allows users to sift through large volumes of data, thereby significantly reducing the workload and enhancing overall productivity in risk assessment tasks.

Additional Offerings from SPN and Open Co.

SPN specializes in various aspects of crisis management, including risk management consulting across multiple sectors. Their 'SP Club' initiative complements the use of SP RISK SEARCH by fostering continuous engagement in crisis management efforts amongst member organizations. This membership program ensures that businesses not only access tools but also receive bespoke risk analysis and strategies from industry experts.

Open Co., recognized for its cutting-edge services in information processing harnessing RPA and AI, also provides various consulting and outsourcing services, further enhancing the capabilities of organizations looking to streamline their operational efficiency.

Further details are available at RoboRobo's Official Site or for inquiries, please reach out to the RoboRobo Business Division at Open Co. via email: [email protected].